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Anterix Inc - ATEX STOCK NEWS

Welcome to our dedicated page for Anterix news (Ticker: ATEX), a resource for investors and traders seeking the latest updates and insights on Anterix stock.

Overview and Market Position

Anterix Inc, trading under the symbol ATEX, is a United States-based wireless communications company specializing in private broadband network solutions. With its exclusive access to licensed 900 MHz spectrum across the contiguous United States, Alaska, Hawaii, and Puerto Rico, Anterix provides utility-first communications strategies that underpin modernized grid infrastructure and secure data transmission.

Core Business and Operational Model

At its core, Anterix Inc commercializes spectrum assets to enable critical infrastructure sectors, including energy, transportation, logistics, and industrial applications, to deploy cutting-edge private LTE networks. The company’s business model is centered on its ability to offer a robust platform that integrates broadband capabilities, secure wireless communications, and advanced utility applications. These elements allow utilities and technology-focused partners to harness high-performance connectivity for grid automation, environmental monitoring, and enhanced operational productivity.

Industry Applications and Technological Innovations

Anterix's offering is strategically designed to cater to customers that require resilient and secure communications networks. Key industry segments benefiting from its technology include energy utilities, electric cooperatives, and other critical infrastructure operators. The company’s solutions support innovative applications such as:

  • Private broadband networks that enable secure, low-latency connectivity.
  • Advanced cybersecurity measures, including research and development in zero-trust architectures.
  • Wireless networking solutions that facilitate grid modernization and decentralized energy resource integration.

Competitive Landscape and Strategic Collaborations

Anterix distinguishes itself by focusing exclusively on the 900 MHz spectrum, a frequency well suited for wide-area coverage and penetration through various environments. This specialization brings forth a competitive edge in meeting the rigorous demands of modern utility operations. The company has actively engaged in strategic partnerships with renowned organizations and academic institutions to further develop secure communications technologies and support advanced grid solutions. These collaborations underscore its commitment to enhancing cybersecurity, improving network resilience, and driving industry standards in wireless communications.

Expertise and Industry Insights

The extensive technical expertise of Anterix is reflected in its ability to support mission-critical networks with flexible, scalable, and secure broadband solutions. The company’s in-depth understanding of wireless communications dynamics, paired with its active ecosystem of over 100 members, enables it to offer nuanced insights into the evolving needs of utilities. This comprehensive approach not only modernizes grid operations but also ensures that the advancements in private networking remain secure, reliable, and future-ready.

Operational Excellence and Value Proposition

Anterix positions itself as an essential partner for utilities looking to enhance their operational efficiency while ensuring robust communication security. Its value proposition lies in its tailored approach to integrating advanced broadband communications and its ability to address the unique requirements of grid connectivity. By focusing on a narrowly defined spectrum and a clear market segment, Anterix delivers utility-first solutions that are both technologically sophisticated and highly reliable.

Conclusion

In summary, Anterix Inc embodies a specialized approach in the wireless communications sector by leveraging its licensed 900 MHz spectrum to develop secure, resilient private broadband networks. Its operations are designed to meet the precise needs of utility and infrastructure clients, making it a pivotal player in the modernization of grid technologies and the advancement of cybersecurity measures across critical industry segments.

Rhea-AI Summary
Anterix (ATEX) and Tampa Electric (TECO) have signed an agreement for the use of Anterix's 900 MHz spectrum in West Central Florida. The agreement provides TECO dedicated use of the spectrum for 20 years, with two optional ten-year extensions. Anterix President & CEO, Rob Schwartz, expressed excitement for TECO joining the growing list of utilities and technology companies in the Anterix Active Ecosystem.
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Anterix (NASDAQ: ATEX) Announces Q2 Fiscal 2024 Results and 10-Q Filing, Reports Cash and Cash Equivalents of $48.5 Million, Spectrum Clearing Costs of $4.9 Million, and More
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Anterix (NASDAQ: ATEX) appoints Wassim Akhdar as senior vice president of product and innovation, leveraging 900 MHz private LTE networks for industry-wide value. Akhdar brings 24 years of experience in grid monitoring and control, previously at Itron, Inc., GE Digital Energy, Sentient Energy, and Varentec, Inc. Anterix COO Ryan Gerbrandt anticipates Akhdar's contributions to the company's growth and success.
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Anterix (NASDAQ: ATEX) to Release Q2 2024 Financial Results on November 13, 2023, followed by Analyst and Investor Conference Call on November 14, 2023. Interested parties can participate by dialing 833-816-1120 (412-317-1861 for international participants) and asking to be joined into the Anterix call. Replay of the call will be accessible on the Investor Relations section of Anterix's website.
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Anterix (NASDAQ: ATEX) authorizes $250 million share repurchase program over three years, building upon previous authorization. $34 million of stock has been repurchased, with $11 million spent this quarter. Repurchases may be made through various methods. The program's continuation depends on customer contracts, market conditions, and strategic considerations.
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Anterix (ATEX) Announces Q1 Fiscal 2024 Results: Cash & Equivalents of $29.0M, $30.0M Spectrum Sale Agreement, $10.8M Gain on License Exchange
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FAQ

What is the current stock price of Anterix (ATEX)?

The current stock price of Anterix (ATEX) is $32.71 as of April 15, 2025.

What is the market cap of Anterix (ATEX)?

The market cap of Anterix (ATEX) is approximately 608.0M.

What is the primary focus of Anterix Inc?

Anterix Inc specializes in commercializing its licensed 900 MHz spectrum to provide private wireless broadband solutions designed specifically for utilities and critical infrastructure.

How does Anterix generate revenue?

The company generates revenue primarily through licensing its spectrum assets and technology platforms, enabling customers to deploy private LTE networks and secure communications systems.

What industries does Anterix primarily serve?

Anterix caters primarily to the utility sector, energy providers, and other critical infrastructure industries by offering advanced communications solutions that support grid modernization and operational efficiency.

What sets Anterix apart in the competitive landscape?

Anterix stands out due to its exclusive focus on the 900 MHz spectrum, its utility-first approach, and its extensive ecosystem of technology partners that enhance its secure broadband solutions.

How does Anterix support grid modernization?

By deploying secure and resilient private LTE networks, Anterix enables utilities to modernize their grid infrastructure through enhanced connectivity, advanced cybersecurity measures, and real-time monitoring capabilities.

What is the significance of the 900 MHz spectrum for Anterix?

The 900 MHz spectrum is ideal for wide-area coverage and penetration, making it particularly effective for private broadband networks in complex utility environments. Anterix's exclusive access allows it to deliver reliable and secure communication solutions.
Anterix Inc

Nasdaq:ATEX

ATEX Rankings

ATEX Stock Data

607.97M
18.20M
2.07%
86.42%
4.05%
Telecom Services
Telephone Communications (no Radiotelephone)
Link
United States
WOODLAND PARK