Anterix Secures $7.7M Spectrum Deal with NorthWestern Energy, Marking First 10 MHz Deployment
ATEX has more than doubled off its 52-week low of $17.58.
Summary
Anterix Inc. entered into a $7.7 million spectrum license sale agreement with NorthWestern Energy, marking a key milestone for its 10 MHz broadband configuration and expanding its utility customer base.
Key Events · M&A and Partnerships · ATEX
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Spectrum License Sale Agreement
Anterix's subsidiary, PDV Spectrum Holding Company, LLC, entered into a spectrum license sale agreement with NorthWestern Energy (NWE).
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Financial Terms
The total contract price is $7.7 million, with an initial payment upon signing and final payments scheduled between 2026 and 2033 as broadband licenses are granted by the FCC and assigned to NWE.
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Strategic Deployment Milestone
This agreement marks the first planned deployment of Anterix's 10 MHz broadband configuration in the 900 MHz band, following the FCC's February 2026 approval to expand Anterix's broadband spectrum allocation.
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Expanded Customer Base
NorthWestern Energy becomes the tenth utility to secure Anterix's 900 MHz spectrum, underscoring the industry's shift towards private, utility-controlled networks.
Analysis · ATEX · Technology
Anterix Inc. announced a significant spectrum license sale agreement with NorthWestern Energy for $7.7 million. This deal is strategically important as it represents the first planned deployment of Anterix's 10 MHz broadband configuration, following the FCC's recent approval to expand their spectrum allocation. The revenue generated, while spread out until 2033, is substantial for the company, especially considering its reported net loss of $6.6 million and flat spectrum revenue in the last quarter. This agreement validates Anterix's business model and demonstrates continued traction in securing utility customers for its mission-critical private wireless broadband solutions, with NorthWestern Energy becoming the tenth utility to adopt Anterix's 900 MHz spectrum.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, ATEX was trading at $38.86 on NASDAQ in the Technology sector, with a market capitalization of approximately $756.6M. The 52-week trading range was $17.58 to $41.00. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.