Anterix (ATEX) Unveils $250M AnterixAccelerator

Anterix (NASDAQ: ATEX), the recognized market leader in private wireless broadband, has launched its highly anticipated AnterixAccelerator initiative with an investment of up to $250 million. During discussions with participants, which included more than 15 utilities in addition to current Anterix customers and Anterix Active Ecosystem® members, key aspects of the initiative were highlighted, including:

• Dollar-for-Dollar Match
• Ownership Terms
• Path to 5 MHz by 5 MHz
• Customized Commercial Structures
• Anterix White Glove Support

“This initiative reflects our unwavering commitment to helping utilities overcome the barriers to deploying 900 MHz private LTE networks. The significant interest we’ve seen across the industry to join the AnterixAccelerator initiative underscores the urgent need for reliable, secure, and scalable private networks in the utility sector,” said Scott Lang, President & CEO of Anterix.

“With a quarter-billion-dollar commitment, we’re not just enabling the next wave of broadband deployments—we’re helping to ensure that more of our nation’s utilities can move forward to realize the value of these critical communications systems. Anterix’s extensive expertise, valuable 900 MHz spectrum asset, and strong device and solution ecosystem uniquely position us to lead the industry in making private wireless networks more accessible and more deployable for utilities nationwide.

“As the market leader we are well positioned to deliver on this exciting initiative. We have never been stronger, with seven leading utility customers, more than 120 technology and solution providers, nearly $400 million of contracts to deploy 900 MHz private wireless broadband networks, and zero debt. We are poised to accelerate the utility industry’s technological evolution.”

-Scott Lang, Anterix President & CEO

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