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Chris Guttman-McCabe Joins Anterix as Chief Regulatory and Communications Officer

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Anterix (NASDAQ: ATEX) has appointed Chris Guttman-McCabe as chief regulatory and communications officer, signaling a strategic move to enhance its 900 MHz private broadband connectivity for critical infrastructure. Guttman-McCabe previously helped Anterix secure a groundbreaking FCC Report and Order, enabling broadband deployment in this spectrum. His expertise in government relations and telecommunications is expected to bolster Anterix's efforts in attracting broadband customers across various critical sectors.

Positive
  • Appointment of Chris Guttman-McCabe enhances regulatory and communications strategy.
  • Successful acquisition of FCC Report and Order supports broadband deployment.
  • Guttman-McCabe's extensive background aids in attracting new broadband customers.
Negative
  • None.

WOODLAND PARK, N.J., Nov. 3, 2020 /PRNewswire/ -- Anterix (NASDAQ: ATEX) has named Chris Guttman-McCabe as the company's chief regulatory and communications officer, where he will lead Anterix's efforts to share its vision of 900 MHz private broadband connectivity for critical infrastructure across all audiences, including regulators and media.

In his previous role as founder and CEO of CGM Advisors, LLC, Guttman-McCabe was instrumental in helping Anterix secure a Report and Order from the Federal Communications Commission transitioning the 900 MHz spectrum band to enable broadband deployment. As a result of this landmark order, Anterix is now poised to deliver on the promise of private broadband connectivity for key industries.

"Chris's strategic counsel has been instrumental in our success so far and we're excited to bring him on board as a key member of our leadership team," said Anterix President & CEO Rob Schwartz. "His extensive knowledge of the government relations, media and telecommunications landscape was invaluable as we pursued the FCC Report and Order and will be even more important as we pursue broadband customers. We feel confident, as we begin this new chapter with Chris, that he will continue to help Anterix deliver the benefits of private LTE to the utility, enterprise, and other critical infrastructure sectors."

At CGM Advisors, Guttman-McCabe worked with a range of Fortune 100 and startup tech ventures, providing counsel on strategic policy, market analysis, business development and communications issues.

Guttman-McCabe founded CGM Advisors after a 13-year career at CTIA as a spokesperson and advocate for the wireless industry, including testifying 19 times before Congress. At CTIA, Guttman-McCabe served as executive vice president overseeing a 90-person association with a $65 million annual budget. Guttman-McCabe previously led the association's advocacy efforts before the FCC and other agencies as well as the White House. 

Before joining CTIA, Guttman-McCabe was an Associate at Wiley Rein LLP, where he focused on a range of communications issues. He also was vice president and a co-founder of Jacobson & Associates, a strategic consulting firm. 

Guttman-McCabe will report to President & CEO Rob Schwartz.

About Anterix

At Anterix (NASDAQ: ATEX), we are focused on delivering transformative broadband that enables the modernization of critical infrastructure for the energy, transportation, logistics and other sectors of our economy. As the largest holder of licensed spectrum in the 900 MHz band, with nationwide coverage throughout the contiguous United States, Hawaii, Alaska and Puerto Rico, we are uniquely positioned to enable the private broadband solutions that support secure, resilient and customer-controlled operations. 

Forward-looking Statements

Any statements contained in this press release that do not describe historical facts are forward-looking statements as defined under the Federal securities laws. These forward-looking statements include statements regarding: (i) the Company's ability to qualify for and obtain broadband licenses pursuant to the terms of the Report & Order and (ii) the demand by utilities and critical infrastructure enterprises to enter into long-term lease arrangements for the Company's spectrum assets and to deploy broadband LTE networks and solutions. Any such forward-looking statements are based on the Company's current expectations and are subject to a number of risks and uncertainties that could cause its actual future results to differ materially from its current expectations or those implied by the forward-looking statements. These risks and uncertainties and other factors that may affect the Company's future results of operations are identified and described in more detail in its filings with the Securities and Exchange Commission (the "SEC"), including its Annual Report on Form 10-K for the fiscal year ended March 31, 2020, filed with the SEC on May 28, 2020. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results, later events or circumstances or to reflect the occurrence of unanticipated events.

Contact

Natasha Vecchiarelli 
Director, Investor Relations & Corporate Communications
Anterix
973-531-4397
nvecchiarelli@anterix.com

James Fuller
Executive Vice President
Hill+Knowlton Strategies
240-393-1369
James.Fuller@hkstrategies.com

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SOURCE Anterix Inc.

FAQ

Who is Chris Guttman-McCabe in relation to Anterix?

Chris Guttman-McCabe is the newly appointed chief regulatory and communications officer at Anterix.

What is the significance of the FCC Report and Order for Anterix?

The FCC Report and Order allows Anterix to deploy broadband services in the 900 MHz spectrum, a crucial step for developing private broadband solutions.

How does Anterix plan to use the 900 MHz spectrum?

Anterix aims to deliver private broadband connectivity for key industries such as energy, transportation, and logistics using the 900 MHz spectrum.

What are the implications of Guttman-McCabe's appointment for ATEX stock?

Guttman-McCabe's appointment may positively impact ATEX stock by enhancing investor confidence through strategic leadership in communications and regulatory affairs.

Anterix Inc.

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