Anterix announces FCC's approval for expanded 900 MHz band, enhancing private broadband opportunities for utilities and critical sectors.
Quiver AI Summary
Anterix (NASDAQ: ATEX) has announced that the Federal Communications Commission (FCC) has unanimously adopted a Report and Order to expand the 900 MHz band for broadband deployment from 6 MHz to 10 MHz. This decision comes after a joint petition from Anterix and a coalition of energy and technology organizations, highlighting the necessity for mission-critical private wireless broadband. The expansion is expected to benefit utilities and critical infrastructure sectors by providing more secure, dedicated communications and stimulating economic growth. Anterix executives praised the FCC's decision as a transformative step for private connectivity, emphasizing the growing opportunity for reliable and secure communications across various industries.
Potential Positives
- Anterix has gained a significant regulatory victory with the FCC's unanimous adoption of a Report and Order that expands the 900 MHz band for broadband deployment, creating new business opportunities.
- This decision unlocks a 10 MHz segment of the 900 MHz band, which is expected to drive innovation and economic growth across utilities and critical infrastructure sectors, bolstering Anterix's market position.
- CEO Scott Lang emphasized that this expansion positions the 900 MHz band as a foundational layer for all critical connectivity, enhancing Anterix's relevance in multiple industries.
- The R&O is seen as a pivotal moment for Anterix and its partners, suggesting a potentially transformative impact on how critical infrastructure operates with private wireless broadband solutions.
Potential Negatives
- Potential inability to successfully commercialize spectrum assets on favorable terms or in a timely manner, which could hinder business growth.
- Dependence on securing broadband licenses from the FCC, posing a risk if this does not occur efficiently.
- Fluctuation in the value of spectrum assets due to supply and demand, as well as regulatory changes, indicating financial instability.
FAQ
What did the FCC's recent decision on the 900 MHz band entail?
The FCC adopted a Report and Order to enable broadband deployment across the full 10 megahertz of the 900 MHz band.
How does Anterix benefit from the FCC's decision?
The decision expands Anterix's private wireless broadband capacity, unlocking new opportunities for innovation and connectivity in critical infrastructure.
Who collaborated with Anterix for the FCC petition?
Anterix collaborated with a coalition of energy and technology organizations, including major utilities and industry alliances, to advocate for the expansion.
What is the significance of the 10 MHz expansion for industries?
The expansion to 10 MHz offers a robust spectrum for mission-critical communications, improving connectivity for utilities and other sectors.
How can interested parties learn more about this FCC decision?
More information is available in the FCC’s press release announcing the Report and Order on the 900 MHz band.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ATEX Insider Trading Activity
$ATEX insiders have traded $ATEX stock on the open market 4 times in the past 6 months. Of those trades, 3 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $ATEX stock by insiders over the last 6 months:
- SCOTT A. LANG (President and CEO) has made 3 purchases buying 8,260 shares for an estimated $174,024 and 0 sales.
- GENA L ASHE (Chief Legal Officer & Corp Sec) sold 6,564 shares for an estimated $138,303
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ATEX Hedge Fund Activity
We have seen 58 institutional investors add shares of $ATEX stock to their portfolio, and 80 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DG CAPITAL MANAGEMENT, LLC removed 723,299 shares (-97.1%) from their portfolio in Q4 2025, for an estimated $15,789,617
- JEFFERIES FINANCIAL GROUP INC. added 454,508 shares (+inf%) to their portfolio in Q4 2025, for an estimated $9,921,909
- MILLENNIUM MANAGEMENT LLC added 404,838 shares (+1153.1%) to their portfolio in Q4 2025, for an estimated $8,837,613
- FMR LLC removed 236,745 shares (-82.3%) from their portfolio in Q4 2025, for an estimated $5,168,143
- SCOGGIN MANAGEMENT LP removed 225,000 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $4,911,750
- CLEARBRIDGE INVESTMENTS, LLC removed 203,541 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $4,370,025
- POTOMAC CAPITAL MANAGEMENT, INC. added 161,400 shares (+inf%) to their portfolio in Q4 2025, for an estimated $3,523,361
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
WOODLAND PARK, N.J., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX), the market leader in mission-critical private wireless broadband spectrum, is pleased to report that the Federal Communications Commission (FCC) has unanimously adopted a groundbreaking Report and Order (R&O), “Maximizing the Potential of the 900 MHz Band,” enabling broadband deployment across the full 10 megahertz of the 900 MHz band, unlocking opportunities for Anterix and its ecosystem of innovators.
The decision by the Commission is the culmination of a joint petition filed by Anterix, alongside a coalition of leading energy and technology organizations including Ameren, Enterprise Wireless Alliance, Evergy, Lower Colorado River Authority, Portland General Electric, San Diego Gas & Electric, Southern Company’s Southern Linc, Utility Broadband Alliance, and Xcel Energy, seeking authority to expand the 900 MHz broadband segment from 6 MHz to a robust 10 MHz 5x5 configuration.
According to the FCC’s press release, “The spectrum resources made available through today’s Commission action will stimulate the American economy by driving innovation by utilities, critical infrastructure, and other sectors.”
“Anterix applauds Chairman Carr, Commissioner Gomez, Commissioner Trusty, and the Commission staff for recognizing the value of modern private broadband communications and that high-quality, low-band spectrum is a finite resource,” said Anterix Chief Regulatory and Corporate Communications Officer Christopher Guttman-McCabe.
“By expanding this band to 10 MHz, the FCC has unlocked a super pipe for mission-critical communications across a range of sectors,” Guttman-McCabe continued. “As our ecosystem of innovators continues to grow, we believe this spectrum is rapidly becoming a gold standard for any entity that cannot afford to share its connectivity with the public or risk its operations on congested bands. Together with the products that Anterix has launched and will launch, as well as the innovation occurring across our ecosystem, the future of this band and the enterprises that adopt it is incredibly bright. The Commission’s vote is a sterling example of sound spectrum policy that is a win-win both for America, as well as for the innovators that will drive value through the evolution and deployment of this spectrum.”
“Enabling broadband across the full 10 MHz of this band expands our opportunity to bring modern connectivity for any device that requires reliable, private, and secure communications,” said Anterix President & CEO Scott Lang. “While this spectrum historically has been the bedrock for utilities, the expansion to 10 MHz signals a new era where 900 MHz is a foundational layer for all critical connectivity. The window of opportunity to secure this unique, high-penetration spectrum is narrowing as more industries recognize that it is the only viable path to true operational sovereignty at scale. I am grateful to the FCC for their efforts to maximize the 900 MHz band.”
More information is available in the FCC’s press release announcing the R&O.
Shareholder Contact
Natasha Vecchiarelli
Vice President, Investor Relations & Corporate Communications
Anterix
973-531-4397
[email protected]
Media Contact
Paul Gaige
Senior Vice President
Burson
504-957-1434
[email protected]
About Anterix
Anterix is transforming how critical infrastructure stays connected. As the market leader in mission-critical private wireless broadband spectrum, Anterix delivers more secure, private 900 MHz licensed spectrum and advanced intelligent infrastructure solutions that enhance efficiency, strengthen resilience, and accelerate digital transformation. Backed by a growing ecosystem of industry-leading partners, Anterix provides the connectivity foundation that powers a more resourceful and resilient future. Learn more at www.anterix.com .
Forward-Looking Statements
Certain statements contained in this press release may constitute forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include statements that may predict, forecast, indicate or imply future events or achievements such as statements in this press release related to Anterix’s business, plans and opportunities. Any such forward-looking statements are based on the current expectations of Anterix's management and are subject to a number of risks and uncertainties that could cause Anterix's actual future results to differ materially from those implied by the forward-looking statements. These risks and uncertainties include, but are not limited to: (i) Anterix may not be successful in commercializing its spectrum assets to its targeted utility and critical infrastructure customers on a timely basis and on favorable terms; (ii) Anterix may be unable to secure broadband licenses from the FCC on a timely and cost-effective basis; and (iii) the value of Anterix's spectrum assets may fluctuate significantly based on supply and demand, as well as technical and regulatory changes. These, and other risks and uncertainties are identified and described in more detail in Anterix's most recent filings on Forms 10-K and 10-Q and in other filings that it makes with the SEC from time to time. These documents are available on Anterix's website at www.anterix.com under the Investor Relations section and on the SEC's website at www.sec.gov . Accordingly, you should not rely upon forward-looking statements as predictions of future events. Except as required by applicable law, Anterix undertakes no obligation to update publicly or revise any forward-looking statements contained herein.