ANTERIX INC - REVEALS DEAL TO TRANSFER 10 MHZ 900 MHZ SPECTRUM LICENSE TO BENTON PUD - SEC FILING
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy ATEX?
Source: moomoo
Announcement of Agreement: Anterix Inc. has announced an agreement to sell a 10 MHz 900 MHz spectrum license.
Buyer Information: The spectrum license is being sold to Benton PUD, a public utility district.
Purpose of Sale: The transaction is part of Anterix's strategy to enhance its business operations and expand its market presence.
Regulatory Filing: The agreement is subject to regulatory approval and will be filed with the SEC.
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Analyst Views on ATEX
Wall Street analysts forecast ATEX stock price to fall
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 44.200
Low
44.00
Averages
44.00
High
44.00
Current: 44.200
Low
44.00
Averages
44.00
High
44.00
About ATEX
Anterix Inc. is a wireless communications company, which is focused on commercializing its spectrum assets to enable its targeted utility and critical infrastructure customers to deploy private broadband networks and solutions. The Company holds licensed spectrum in the 900-megahertz (MHz) band (896-901/935-940 MHz) with nationwide coverage throughout the contiguous United States, Hawaii, Alaska, and Puerto Rico. The Company is focused on providing transformative broadband solutions for critical infrastructure industries and enterprises, including private wireless connectivity on 900 MHz spectrum and next-generation communications platforms. The Company owns licenses of the 399 channels in the 900 MHz band in approximately 20 metropolitan market areas in the United States. The Company is positioned to enable the private Long-Term Evolution (LTE) broadband solutions that support customer-controlled operations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Anterix Signs 900 MHz Spectrum Agreement with Benton PUD in Washington
- Spectrum Agreement: Anterix has signed an agreement with Benton PUD in Washington to sell a 10 MHz 900 MHz spectrum license, marking the first deployment of private wireless broadband among publicly owned utilities in the Pacific Northwest, expected to enhance service quality for over 58,000 customers.
- Network Development Goals: Benton PUD will establish a 900 MHz network specifically designed for its 927-square-mile service area, aimed at achieving advanced grid automation and enhanced outage detection capabilities, thereby improving operational efficiency and meeting the obligations of Washington's Clean Energy Transformation Act.
- Industry Transformation Trend: This agreement underscores the accelerating adoption of private wireless technology in the utility sector, as community-owned public utility districts are increasingly aligning with investor-owned utilities to drive the standardization of private wireless, reflecting a strategic necessity for dedicated connectivity.
- Technological Platform Advantage: Anterix provides not only spectrum but also a comprehensive private wireless platform, integrating solutions like TowerX™ and CatalyX®, which assist utilities in swiftly transitioning from agreement to operational network, significantly reducing buildout time and costs while enhancing market competitiveness.
See More
ANTERIX INC - REVEALS DEAL TO TRANSFER 10 MHZ 900 MHZ SPECTRUM LICENSE TO BENTON PUD - SEC FILING
Announcement of Agreement: Anterix Inc. has announced an agreement to sell a 10 MHz 900 MHz spectrum license.
Buyer Information: The spectrum license is being sold to Benton PUD, a public utility district.
Purpose of Sale: The transaction is part of Anterix's strategy to enhance its business operations and expand its market presence.
Regulatory Filing: The agreement is subject to regulatory approval and will be filed with the SEC.
See More
Anterix: A Leader in Wireless Networks for the Electric Utility Sector
- Earnings Beat: Anterix (ATEX) has reported four consecutive quarters of earnings beats, with a recent loss of $0.35 compared to an expected loss of $0.57, resulting in a positive earnings surprise of 38.6%, indicating effective management communication of market expectations.
- Upward Earnings Revisions: Earnings estimates for fiscal year 2026 have been revised upward from $3.06 to $3.30, while the 2027 loss estimate has improved from $2.26 to $2.11, reflecting increased market confidence in the company's future profitability.
- Attractive Valuation: Anterix's forward P/E ratio stands at a low 9.8x, suggesting an appealing valuation, although its price-to-sales ratio is high at 130x, indicating strong market interest in its growth potential.
- Increased Market Competition: The electric utility sector is facing unprecedented competition, with companies like Oklo and Eagle Nuclear Energy planning to significantly enhance grid capacity through small-scale nuclear reactors, prompting Anterix to enhance its network capabilities to meet new challenges.
See More
Anterix and NorthWestern Energy Sign Milestone Agreement
- Milestone Agreement: Anterix and NorthWestern Energy have signed a significant agreement for the first planned deployment of a 10 MHz broadband configuration, marking a major advancement in the 900 MHz band that is expected to nearly double utility capacity, enhancing communication capabilities in extreme weather conditions.
- FCC Approval: This agreement follows the unanimous approval from the FCC in February 2026 to expand Anterix's broadband spectrum allocation, underscoring the company's leadership in the private wireless broadband market and strengthening its competitive position in the utility sector.
- Network Modernization: NorthWestern Energy plans to leverage the new 10 MHz broadband configuration for real-time control of remote distribution powerlines and equipment, improving service restoration efficiency and ensuring reliability in high wildfire risk areas, thereby providing safer energy services to customers.
- Industry Transformation: This partnership makes NorthWestern Energy the tenth utility to secure Anterix's 900 MHz spectrum, reflecting a broader industry shift towards private utility-controlled networks, which is essential for building the infrastructure needed for the energy transition.
See More
Anterix and TNMP Sign 900 MHz Spectrum Sale Agreement
- Spectrum Sale Agreement: Anterix has signed a 900 MHz spectrum sale agreement with Texas-New Mexico Power (TNMP), enabling TNMP to deploy a mission-critical private wireless network that enhances grid reliability and supports service improvements.
- Market-Ready Ecosystem: As a subsidiary of TXNM Energy serving over 280,000 homes and businesses, TNMP's choice of Anterix's established ecosystem mitigates risks associated with unproven alternatives, ensuring a scalable infrastructure foundation.
- System Resiliency Plan: TNMP's investment is a cornerstone of its 2025-2027 System Resiliency Plan, aimed at facilitating faster outage response, real-time monitoring of critical infrastructure, and seamless integration of advanced energy technologies to enhance service quality.
- Texas Grid Modernization: By joining a network of Texas utilities including LCRA, Oncor, and CPS Energy, TNMP reinforces the state's leadership in grid modernization, providing a scalable foundation for future developments.
See More
DHT Holdings Sees Surge in Options Trading Volume
- Surge in Options Volume: DHT Holdings Inc experienced an options trading volume of 54,953 contracts, equivalent to approximately 5.5 million shares, representing 80.3% of its average daily trading volume of 6.8 million shares over the past month, indicating strong market interest.
- High Strike Price Focus: Notably, the $19 strike call option expiring on April 17, 2026, saw 33,493 contracts traded today, representing about 3.3 million underlying shares, suggesting investor expectations for future price increases.
- Anterix Options Activity: In comparison, Anterix Inc recorded an options trading volume of 3,200 contracts, equivalent to approximately 320,000 shares, which is 77.1% of its average daily trading volume of 414,895 shares, reflecting active market engagement.
- Liquid Strike Price: The $45 strike call option for Anterix saw a trading volume of 1,944 contracts today, representing about 194,400 underlying shares, indicating optimistic sentiment among investors regarding the stock's future performance.
See More
Anterix Signs 900 MHz Spectrum Agreement with Benton PUD in Washington
- Spectrum Agreement: Anterix has signed an agreement with Benton PUD in Washington to sell a 10 MHz 900 MHz spectrum license, marking the first deployment of private wireless broadband among publicly owned utilities in the Pacific Northwest, expected to enhance service quality for over 58,000 customers.
- Network Development Goals: Benton PUD will establish a 900 MHz network specifically designed for its 927-square-mile service area, aimed at achieving advanced grid automation and enhanced outage detection capabilities, thereby improving operational efficiency and meeting the obligations of Washington's Clean Energy Transformation Act.
- Industry Transformation Trend: This agreement underscores the accelerating adoption of private wireless technology in the utility sector, as community-owned public utility districts are increasingly aligning with investor-owned utilities to drive the standardization of private wireless, reflecting a strategic necessity for dedicated connectivity.
- Technological Platform Advantage: Anterix provides not only spectrum but also a comprehensive private wireless platform, integrating solutions like TowerX™ and CatalyX®, which assist utilities in swiftly transitioning from agreement to operational network, significantly reducing buildout time and costs while enhancing market competitiveness.
See More
ANTERIX INC - REVEALS DEAL TO TRANSFER 10 MHZ 900 MHZ SPECTRUM LICENSE TO BENTON PUD - SEC FILING
Announcement of Agreement: Anterix Inc. has announced an agreement to sell a 10 MHz 900 MHz spectrum license.
Buyer Information: The spectrum license is being sold to Benton PUD, a public utility district.
Purpose of Sale: The transaction is part of Anterix's strategy to enhance its business operations and expand its market presence.
Regulatory Filing: The agreement is subject to regulatory approval and will be filed with the SEC.
See More
Anterix: A Leader in Wireless Networks for the Electric Utility Sector
- Earnings Beat: Anterix (ATEX) has reported four consecutive quarters of earnings beats, with a recent loss of $0.35 compared to an expected loss of $0.57, resulting in a positive earnings surprise of 38.6%, indicating effective management communication of market expectations.
- Upward Earnings Revisions: Earnings estimates for fiscal year 2026 have been revised upward from $3.06 to $3.30, while the 2027 loss estimate has improved from $2.26 to $2.11, reflecting increased market confidence in the company's future profitability.
- Attractive Valuation: Anterix's forward P/E ratio stands at a low 9.8x, suggesting an appealing valuation, although its price-to-sales ratio is high at 130x, indicating strong market interest in its growth potential.
- Increased Market Competition: The electric utility sector is facing unprecedented competition, with companies like Oklo and Eagle Nuclear Energy planning to significantly enhance grid capacity through small-scale nuclear reactors, prompting Anterix to enhance its network capabilities to meet new challenges.
See More
Anterix and NorthWestern Energy Sign Milestone Agreement
- Milestone Agreement: Anterix and NorthWestern Energy have signed a significant agreement for the first planned deployment of a 10 MHz broadband configuration, marking a major advancement in the 900 MHz band that is expected to nearly double utility capacity, enhancing communication capabilities in extreme weather conditions.
- FCC Approval: This agreement follows the unanimous approval from the FCC in February 2026 to expand Anterix's broadband spectrum allocation, underscoring the company's leadership in the private wireless broadband market and strengthening its competitive position in the utility sector.
- Network Modernization: NorthWestern Energy plans to leverage the new 10 MHz broadband configuration for real-time control of remote distribution powerlines and equipment, improving service restoration efficiency and ensuring reliability in high wildfire risk areas, thereby providing safer energy services to customers.
- Industry Transformation: This partnership makes NorthWestern Energy the tenth utility to secure Anterix's 900 MHz spectrum, reflecting a broader industry shift towards private utility-controlled networks, which is essential for building the infrastructure needed for the energy transition.
See More
Anterix and TNMP Sign 900 MHz Spectrum Sale Agreement
- Spectrum Sale Agreement: Anterix has signed a 900 MHz spectrum sale agreement with Texas-New Mexico Power (TNMP), enabling TNMP to deploy a mission-critical private wireless network that enhances grid reliability and supports service improvements.
- Market-Ready Ecosystem: As a subsidiary of TXNM Energy serving over 280,000 homes and businesses, TNMP's choice of Anterix's established ecosystem mitigates risks associated with unproven alternatives, ensuring a scalable infrastructure foundation.
- System Resiliency Plan: TNMP's investment is a cornerstone of its 2025-2027 System Resiliency Plan, aimed at facilitating faster outage response, real-time monitoring of critical infrastructure, and seamless integration of advanced energy technologies to enhance service quality.
- Texas Grid Modernization: By joining a network of Texas utilities including LCRA, Oncor, and CPS Energy, TNMP reinforces the state's leadership in grid modernization, providing a scalable foundation for future developments.
See More
DHT Holdings Sees Surge in Options Trading Volume
- Surge in Options Volume: DHT Holdings Inc experienced an options trading volume of 54,953 contracts, equivalent to approximately 5.5 million shares, representing 80.3% of its average daily trading volume of 6.8 million shares over the past month, indicating strong market interest.
- High Strike Price Focus: Notably, the $19 strike call option expiring on April 17, 2026, saw 33,493 contracts traded today, representing about 3.3 million underlying shares, suggesting investor expectations for future price increases.
- Anterix Options Activity: In comparison, Anterix Inc recorded an options trading volume of 3,200 contracts, equivalent to approximately 320,000 shares, which is 77.1% of its average daily trading volume of 414,895 shares, reflecting active market engagement.
- Liquid Strike Price: The $45 strike call option for Anterix saw a trading volume of 1,944 contracts today, representing about 194,400 underlying shares, indicating optimistic sentiment among investors regarding the stock's future performance.
See More
