Anterix Inc. filings document the company’s 900 MHz private wireless broadband spectrum business, including material-event reports on spectrum license sale agreements, operating and financial results, Regulation FD updates, and capital-structure disclosures. The records include disclosures tied to broadband license sales, narrowband-to-broadband license exchanges, spectrum clearing costs, contracted proceeds, and the Demonstrated Intent key performance indicator.
The company’s SEC filings also cover governance matters, executive compensation and severance arrangements, shareholder voting matters, risk factors, and regulatory developments affecting broadband use of the 900 MHz band. Material agreements involving its wholly owned subsidiary, PDV Spectrum Holding Company, LLC, are documented through Form 8-K exhibits and related event disclosures.
Anterix Inc. disclosed that its wholly owned subsidiary, PDV Spectrum Holding Company, LLC, entered into a 900 MHz spectrum license sale agreement with NorthWestern Energy. The deal supports deployment of a mission-critical private wireless broadband network across portions of Montana, South Dakota, and Wyoming.
The agreement includes a total contract price of $7.7 million, with an initial payment at signing and final payments as the FCC grants broadband licenses and spectrum is assigned between 2026 and 2033. Anterix will clear existing incumbents from the 900 MHz band and work with NorthWestern Energy to secure the required broadband licenses, with customary remedies and termination rights if either party fails to perform.
Anterix Inc. entered into a 900 MHz spectrum license sale agreement with Texas-New Mexico Power, enabling TNMP to deploy a mission-critical private wireless network to bolster grid reliability and resiliency in parts of Brazoria and Galveston counties in Texas.
The agreement assigns 6 MHz of broadband spectrum for a total contract price of $3.2 million, with a phased delivery starting in 2027 and full delivery targeted by December 31, 2028. Payments are tied to milestones, including FCC broadband license grants and spectrum delivery, and include customary remedies and termination rights.
Anterix and TNMP also signed a Memorandum of Understanding to negotiate a master agreement for deployment accelerators, such as device and connectivity management and tower access, supporting TNMP’s 2025-2027 System Resiliency Plan to improve outage response, real-time monitoring, and integration of advanced energy technologies.
Anterix Inc. Chief Legal Officer and Corporate Secretary Gena L. Ashe reported option-related transactions in company stock. On March 3, 2026, Ashe exercised stock options for 12,427 shares, converting them into an equal number of Anterix common shares at an exercise price of $27.83 per share.
On the same date, 12,427 common shares were disposed of in a transaction coded as a tax-withholding event, using shares to satisfy the exercise price or tax obligations. Following these transactions, Ashe directly owned 13,366 shares of Anterix common stock.
ATEX insider notice: 22,595 shares of common stock were reported as to be sold in a stock option exercise on 03/02/2026 for cash. The filing also records a prior sale of 28,518 shares on 02/19/2026 for $975,560.85.
Morgan Stanley Smith Barney LLC Executive Financial Services submitted a Form 144 notice to sell Common stock of ATEX. The filing lists a proposed sale quantity of 28,518 shares and multiple restricted-stock lots with specific lot sizes, including 3,623 and 1,764 shares.
Anterix Inc. reported a sharp swing to profitability for the nine months ended December 31, 2025, driven by large gains on spectrum license exchanges and sales. Net income was $72.1 million, compared with a net loss of $20.6 million a year earlier, even though spectrum revenue was relatively flat at $4.5 million. The company recognized a $94.3 million non‑monetary gain on exchanging narrowband licenses for broadband licenses and a further $12.8 million gain on sales of broadband licenses, while also reducing general and administrative and product development expenses. In the most recent quarter, Anterix posted a net loss of $6.6 million as gains on exchanges were far smaller than in the prior‑year quarter. Cash and cash equivalents were $29.5 million as of December 31, 2025, and management believes current liquidity and contracted customer proceeds can support obligations for at least the next 12 months.
Anterix Inc. reported third quarter fiscal 2026 results for the period ended December 31, 2025, showing spectrum revenue of $1.573M and a net loss of $6.6M, compared with net income of $7.7M a year earlier. For the nine-month period, net income was $72.1M, largely influenced by gains on exchanges and sales of intangible assets.
The company highlighted approximately $123M of contracted proceeds outstanding, with line of sight to payment of over $80M in the fourth quarter of fiscal 2026, and an estimated $3B pipeline of prospective contract opportunities across more than 60 potential customers. As of December 31, 2025, Anterix had no debt, cash and cash equivalents of $29.5M, restricted cash in escrow deposits of $8.4M, and stockholders’ equity of $236.0M.
During the quarter Anterix exchanged narrowband for broadband licenses in 12 counties, recording a $0.8M gain, and delivered broadband licenses in 10 counties, recording a $0.3M gain. It invested $3M in spectrum clearing costs and entered a new spectrum sale agreement with CPS Energy with a total contract price of $13M, half payable upfront and half at the end of fiscal 2027. Anterix also reported that 17 utilities are above its Demonstrated Intent threshold, representing about $1.1B in potential contracted proceeds, within a broader pipeline that includes approximately $400M of signed contracts.
Anterix Inc. reported that its wholly owned subsidiary, PDV Spectrum Holding Company, LLC, has entered into a spectrum license sale agreement with CPS Energy. Under this agreement, CPS purchased a 900 MHz broadband license covering Bexar County, Texas from PDV.
The company also issued a press release and a Fact Sheet describing key terms of this CPS Agreement and made these documents available through its investor relations website. These materials are included as exhibits to the report and incorporated by reference.
The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 931,305 shares of Anterix Inc common stock, representing 4.97% of the class as of 12/31/2025. Vanguard reports shared voting power over 121,172 shares and shared dispositive power over all 931,305 shares.
Vanguard states the holdings are kept in the ordinary course of business and not for the purpose of changing or influencing control of Anterix. The filing notes that Vanguard’s clients have rights to dividends or sale proceeds, and no single other person has more than 5% interest in these securities.