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.
4RF announced FCC approval for its Aprisa LTE router to operate in Anterix Band 8 spectrum, enhancing private LTE networks for critical infrastructure. The device features high authorized power for better penetration and long-distance capabilities, making it suitable for utility applications. Key innovations include dual SIM support, built-in Wi-Fi, and robust security features. 4RF's products are currently utilized by major utilities in the U.S., enhancing operational efficiency and connectivity in challenging environments.
Anterix (NASDAQ: ATEX) has appointed Carlos Eduardo L'Abbate as Chief Technology Officer to spearhead the deployment of 900 MHz private broadband networks for utilities and critical infrastructure in the U.S. With experience from FirstNet Authority and Nextel International, L'Abbate aims to leverage Anterix's extensive spectrum holdings to modernize grid operations. This strategic move comes as Anterix announces its initial customer agreements, highlighting the company's commitment to serving critical infrastructure sectors.
Anterix Inc. (NASDAQ: ATEX) has appointed Mahvash Yazdi to its Board of Directors, effective February 18, 2021. Yazdi brings over 40 years of experience in the utility sector, information technology, and telecommunications, serving as the former senior vice president and CIO of Edison International. Her expertise includes cyber security and business transformation. Anterix Chairman Morgan O'Brien expressed confidence that Yazdi's background aligns perfectly with the company’s mission to provide private LTE communications networks amid grid modernization efforts in the utility sector.
Anterix (NASDAQ: ATEX) will announce its third-quarter fiscal 2021 financial results on February 8, 2021, after market close. A follow-up investor conference call is scheduled for 4:15 p.m. ET the same day, accessible via 888-267-2845 with conference code 515024. The call's replay will be available on Anterix's website. Anterix specializes in private broadband services, facilitating the modernization of critical infrastructure, and is the largest holder of licensed spectrum in the 900 MHz band across the contiguous U.S., Hawaii, Alaska, and Puerto Rico.
Xcel Energy has announced plans to implement a 900 MHz private wireless broadband network using Anterix's spectrum, intended to enhance response times for electric outages and support smart meters. The network, deployed by Motorola Solutions, will be operational at two sites in Minneapolis and aims to bolster grid security and communication. This initiative follows recent FCC actions allowing infrastructure providers to establish private networks, ultimately benefiting customers through improved service and advanced technology integration.
Anterix (NASDAQ: ATEX) announced its first long-term 900 MHz broadband spectrum lease agreements with Ameren Corporation, covering its service territories. An investor conference call is scheduled for December 21, 2020, at 9:00 am ET to discuss the transaction. Participants can join by calling 888-267-2845 with the conference code 852444. A replay will be available on Anterix's Investor Relations page. Anterix focuses on providing private broadband for critical infrastructure across various sectors, holding the largest licensed spectrum in the 900 MHz band in the U.S.
Anterix (NASDAQ: ATEX) announced a significant milestone with its first long-term 900 MHz broadband spectrum lease agreements with Ameren Corporation, covering service territories in Illinois and Missouri for 30 years. This collaboration aims to deploy a private LTE network, enhancing digital transformation and benefiting millions of Ameren customers. The agreements will provide Ameren with enhanced communications capabilities, supporting the utility's goal of transitioning over 20 legacy networks to a single platform for improved electric grid reliability and security.
Anterix (NASDAQ: ATEX) is set to release its second quarter fiscal 2021 financial results before the market opens on November 16, 2020. An investor conference call will follow on November 17, 2020 at 4:45 PM ET, where stakeholders can join by calling 888-267-2845 and using conference code 812943. A replay will be available on Anterix's website. The company focuses on enabling private broadband for critical infrastructure modernization, holding the largest licensed spectrum in the 900 MHz band nationwide.
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.
Anterix (NASDAQ: ATEX) has announced a partnership with the New York Power Authority (NYPA) to pilot a private LTE network at its Blenheim-Gilboa hydroelectric plant. This initiative is part of NYPA's Vision 2020 plan to become the first all-digital utility in the U.S. The private LTE system will utilize Anterix's 900 MHz spectrum, enhancing connectivity for operations such as remote repair crews and drone inspections. The project represents a significant step towards modernizing utility infrastructure and supporting emerging technologies.
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