Anterix (NASDAQ: ATEX) is focused on empowering the modernization of critical infrastructure and enterprise businesses by enabling private broadband connectivity. Our foundational spectrum provides the ability to transform our customers operations to meet new business complexities while achieving higher levels of reliability, resiliency and security. Anterix is the largest holder of licensed spectrum in the 900 MHz band, with nationwide coverage throughout the contiguous United States, Hawaii, Alaska and Puerto Rico. Anterix is currently pursuing a regulatory proceeding at the Federal Communications Commission to modernize and realign the 900 MHz band to increase its usability and capacity by allowing it to be utilized for the deployment of private broadband networks, technologies and solutions. Our chairman and our CEO co-founded Nextel Communications and have over 60 years of combined experience in telecom operations and innovative spectrum initiatives.
The people that brought you Nextel Communications and pdvWireless, now bring you the future of digital transformation. Anterix was originally founded as pdvWireless in 2004 and is led by Chairman, Brian McAuley, and CEO, Morgan O’Brien, also co-founders of Nextel Communications. They have over 60 years of combined experience in telecom operations and in successfully developing regulatory driven spectrum initiatives to address the unmet wireless communications needs of businesses.
In September 2014 pdvWireless acquired Sprint Corporation’s 900 MHz spectrum, which had been used to operate Nextel’s iDEN network. With this purchase, pdvWireless became the largest holder of licensed and contiguous 900MHz spectrum which provides the optimal balance of capacity and coverage for wide area deployments and licensed Private LTE networks.
Anterix has been advocating the Federal Communications Commission (FCC) to modernize and realign a portion of the 900 MHz band to increase its usability, capacity and accommodate the future deployment of broadband technologies and services. On March 14, 2019 the FCC adopted a Notice of Proposed Rulemaking for the 900 MHz band that endorses Anterix’s objective of creating a broadband opportunity for utilities and other enterprise users. Anterix intends to work collaboratively with the FCC and all affected parties toward adoption of final rules that enable Anterix to deliver transformative broadband that supports the modernization of critical infrastructure for energy, transportation, logistics and others.