Anterix Inc. (NASDAQ: ATEX) announced a milestone sale agreement with NorthWestern Energy for the first planned deployment of its 10‑MHz broadband configuration in the 900‑MHz band. The deal follows the February 2026 FCC approval that expanded Anterix’s spectrum allocation to 10 MHz, enabling the company to offer higher‑capacity services to utilities.
The contract is valued at $7.7 million and is structured with payments on signing and as licenses are granted between 2026 and 2033. NorthWestern Energy becomes the tenth utility to secure Anterix’s 900‑MHz spectrum, underscoring the company’s growing traction in the utility sector and its strategy to move beyond a pure spectrum seller toward a recurring‑revenue platform through its TowerX and CatalyX initiatives.
"NorthWestern Energy's territory spans vast distances across remote, rugged terrain and extreme weather conditions – exactly where our 900 MHz wireless broadband spectrum delivers unmatched, mission‑critical connectivity for utility communications. We are proud to provide the foundation NorthWestern Energy needs to build a secure platform for a modern grid, enabling the delivery of safe, reliable energy for the communities they serve," said Scott Lang, Anterix President & CEO.
"The increased capacity gained from this 10 MHz broadband configuration is a solid foundation as we expand NorthWestern Energy's wireless communications network to securely and reliably modernize the grid and energy infrastructure serving our customers. That means real‑time control of remote distribution powerlines and equipment, redundant, reliable connectivity to field devices, real‑time monitoring and enhanced situational awareness of our energy systems in areas at high risk for wildfire and more efficient restoration of service when outages do occur," added Mark Maroney, NorthWestern Energy Director of Network Engineering and Operations.
The announcement was positively received by investors, reflecting confidence in the deal’s strategic importance and the company’s ability to monetize its expanded spectrum assets. The transaction demonstrates the commercial viability of Anterix’s new 10‑MHz offering and reinforces its position as a key enabler of utility grid modernization.
revised_sentiment_rating":5}]}
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.