Anterix

Anterix helps utility companies build their own private high-speed wireless networks. These networks let power and water companies monitor equipment and manage their grids safely. The company provides the specific airwaves needed to send data across long distances.

Wireless Assets and Services

• Broadband Spectrum: Private high-speed wireless airwaves that allow utilities to run secure communication networks for their infrastructure.
• TowerX: Support service that provides access to pre-negotiated tower sites to speed up network construction.
• CatalyX: Digital platform used to manage and activate devices across different wireless networks.

Building the Utility Network

• Signed a $13 million spectrum sale agreement with CPS Energy in January 2026 to support grid innovation.
• Partnered with Crown Castle in November 2025 to help utilities access tower sites more quickly.
• Transferred broadband licenses to Lower Colorado River Authority and Oncor Electric Delivery Company during late 2025.
• Launched a spectrum agreement with Tampa Electric Company in June 2025 to provide cleared wireless airwaves.

Unique Reach and Reliability

Anterix holds the largest amount of licensed airwaves in the 900 MHz frequency range across the United States. These specific frequencies are valuable because they can travel through buildings and over long distances to reach remote equipment.

A Look at the Numbers

• Revenue reached $1.6 million in Q3 2026, up 0.4% from $1.6 million in Q3 2025.
• Operating income worsened to a loss of $9.1 million in Q3 2026 from a $7.0 million profit.
• Net income fell to a loss of $6.6 million in Q3 2026, worsened from a $7.7 million profit.
• Free cash flow worsened to negative $4.3 million in Q3 2026 from negative $2.3 million in Q3 2025.

Evolution of the Business

Anterix has transitioned from a spectrum holder into a service provider for critical infrastructure. By combining its airwave assets with tower access and device management, it provides a complete network solution for utilities.