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.
Anterix Inc. (NASDAQ: ATEX) is a premier wireless communications company dedicated to revolutionizing broadband infrastructure for critical industries across the United States, including energy, transportation, and logistics. Incorporated in 1997 and headquartered in Woodland Park, New Jersey, Anterix rebranded from PDVWireless, Inc. in August 2019, reflecting its mission to enable private LTE solutions through its extensive spectrum assets.
Anterix's unique value proposition lies in its exclusive ownership of licensed spectrum in the 900 MHz band (896-901/935-940 MHz), covering the contiguous United States as well as Hawaii, Alaska, and Puerto Rico. This strategic asset allows Anterix to offer robust, secure, and resilient private broadband networks tailored for utilities and critical infrastructure sectors.
The company's core service, Private LTE for utilities, facilitates the modernization of the power grid by automating processes, enhancing environmental monitoring, integrating artificial intelligence, and significantly boosting productivity. Anterix's solutions are pivotal in addressing the growing demands for secure, customer-controlled operations in a rapidly digitizing world.
Recent milestones highlight Anterix's commitment to growth and innovation. These include the first quarter fiscal 2024 results, demonstrating strong financial performance, and the authorization of a $250 million share repurchase program, reflecting robust shareholder value creation. Additionally, Anterix's partnership with Tampa Electric (TECO) exemplifies its expanding customer base and the long-term strategic agreements facilitating the deployment of 900 MHz broadband spectrum.
In collaboration with prominent entities such as EPRI, George Mason University, Southern Company, and Virginia Tech, Anterix is also at the forefront of enhancing cybersecurity for critical energy infrastructure. This initiative, supported by significant funding from the U.S. Department of Energy, underscores Anterix's role in pioneering resilient and secure grid solutions.
To learn more about Anterix's transformative solutions and join the movement towards a modernized, secure energy future, visit their website at www.anterix.com.
Anterix (NASDAQ: ATEX) will participate in the Morgan Stanley Technology, Media & Telecom Conference on March 7, 2023, in San Francisco. CFO Tim Gray will engage in a fireside chat at 1:30 PM PT, accessible via a live webcast on Anterix's Investor Relations site. Investors can also arrange meetings throughout the day through their Morgan Stanley representatives. Anterix is focused on providing transformative private broadband solutions, holding the largest licensed spectrum in the 900 MHz band across the continental United States, including Hawaii, Alaska, and Puerto Rico.
Anterix Inc. (NASDAQ: ATEX) appointed Jeffery Altman, Founding Partner of Owl Creek Asset Management, to its Board of Directors, effective February 13, 2023. Altman brings extensive experience in enhancing shareholder value and has been a supporter of Anterix since 2014. He aims to expedite customer contract signings, which have affected the company's share price performance. Altman anticipates potential revenue opportunities exceeding $3 billion and will assess strategies including share buybacks and dividends to maximize shareholder returns. His focus will include evaluating strategic initiatives to further enhance Anterix's business objectives.
Anterix (NASDAQ: ATEX) will release its third quarter financial results for the fiscal year 2023 on February 9, 2023, after market close. Anterix's management will provide a business update on February 14, 2023, at 8:30 A.M. ET during an analyst and investor conference call. Participants can join the call by dialing 800-346-7359 and using conference code 465478. A replay will be available on the Investor Relations section of their website. Anterix focuses on delivering transformative private broadband for critical infrastructure sectors, holding the largest licensed spectrum in the 900 MHz band across the continental U.S., Hawaii, Alaska, and Puerto Rico.
Anterix (NASDAQ: ATEX) announced that CFO Tim Gray will present at the Oppenheimer 5G Summit on December 13 at 9:05 AM ET. This virtual event will allow investors to meet with Anterix management throughout the day. Interested investors can reach out to their Oppenheimer representative to schedule meetings. A live webcast and replay of the presentation will be accessible on the Anterix Investor Relations website. Anterix focuses on delivering private broadband solutions that modernize critical infrastructure across various sectors.
Anterix (NASDAQ: ATEX) will hold a conference call on October 31, 2022, at 9:00 am ET to discuss its recently announced contract with Xcel Energy. The company will also file its Quarterly Report on Form 10-Q for the quarter ending September 30, 2022 on the same day after market close, leading to the cancellation of the previously scheduled analyst and investor conference call on November 8, 2022.
Anterix focuses on providing private broadband solutions to enhance critical infrastructure across various sectors.
Xcel Energy has signed a 20-year agreement with Anterix for the use of its 900 MHz spectrum across eight states, enhancing its grid modernization efforts for 3.7 million electricity and 2.1 million natural gas customers. The collaboration supports a private LTE network aimed at improving energy delivery and reliability. Xcel, now part of the Utility Strategic Advisory Board, will also assist with technology trials and participate in the Anterix Active Ecosystem. This move positions Xcel Energy as a key player in the utility broadband sector.
Anterix (NASDAQ: ATEX) will announce its second quarter financial results for fiscal year 2023 after market close on November 8, 2022. A conference call for analysts and investors is scheduled for the same day at 4:30 P.M. ET, where management will discuss the results. Interested participants can join the call by dialing 888-267-2845 with the conference code 591414. A replay will be available on Anterix's website. The company focuses on providing private broadband solutions, leveraging its extensive licensed spectrum in the 900 MHz band.
Anterix (NASDAQ: ATEX) has partnered with Future Technologies Venture to integrate its 900 MHz spectrum into Future Technologies' digital transformation solutions. This collaboration targets the increasing demand for private wireless networks across sectors including oil & gas, manufacturing, and smart agriculture. With over 180 clients, Future Technologies provides extensive experience in implementing private LTE and 5G networks. Anterix aims to leverage this partnership to enhance private LTE capabilities, bringing innovative solutions to various industries while maintaining a focus on utilities.
Anterix (NASDAQ: ATEX) will release its first quarter financial results for the 2023 fiscal year on August 8, 2022, after market close. A conference call for investors and analysts will be held the same day at 4:30 P.M. ET to discuss these results. Interested parties can join by calling 888-267-2845 using the code 961551. A replay will be available on Anterix's Investor Relations webpage.
Anterix (NASDAQ: ATEX) has announced the participation of its management team in several upcoming investor conferences. CFO Tim Gray will engage in a fireside chat at J.P. Morgan's 50th Annual Global Technology, Media and Communications Conference on May 24, 2022, in Boston. He will also speak at B. Riley Securities' Institutional Investor Conference on May 25, 2022, in Los Angeles, alongside 1:1 meetings. Additionally, Tim Gray and VP Natasha Vecchiarelli will conduct meetings virtually at Craig-Hallum's conference on June 1, 2022. Interested investors may schedule meetings and view webcasts at Anterix's Investor Relations site.
FAQ
What is the current stock price of Anterix (ATEX)?
What is the market cap of Anterix (ATEX)?
What does Anterix Inc. do?
What is Anterix's core service?
Where is Anterix Inc. headquartered?
What spectrum does Anterix own?
When did Anterix change its name from PDVWireless, Inc.?
What recent financial achievements has Anterix made?
Who are Anterix's notable partners?
How does Anterix contribute to cybersecurity?
What is Anterix's role in the energy sector?
Where can I find more information about Anterix?
