Anterix
Anterix holds the largest licensed 900 MHz broadband spectrum block in the U.S. and sells private wireless spectrum rights and deployment solutions to U.S. electric utilities for mission-critical grid modernization, supported by a 150+ partner ecosystem.
- Company typePublic
- Founded2006
- HeadquartersMclean, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Anterix does
Anterix is a publicly traded company (NASDAQ: ATEX) that holds the largest block of licensed 900 MHz broadband spectrum in the United States, spanning the contiguous U.S., Alaska, Hawaii, and Puerto Rico. The company monetizes this scarce, FCC-licensed resource by selling or leasing spectrum rights to U.S. electric utilities for the deployment of private LTE and future 5G networks supporting mission-critical grid operations, including distribution automation, AMI 2.0, direct transfer trip systems, grid edge intelligence, and storm response communications.
The company's platform consists of the core 900 MHz Private Wireless spectrum foundation augmented by two deployment accelerator modules. TowerX provides pre-negotiated access to Crown Castle's 40,000+ tower sites to remove siting friction, and CatalyX delivers SIM/eSIM provisioning and lifecycle management across private and public networks. Anterix wraps these offerings in the Anterix Active Ecosystem, a network of 150+ certified technology partners (Qualcomm, Nokia, Ericsson, Cisco, Motorola Solutions, GE Vernova, Getac, Digi International, Ubiik) whose badged devices and integrations reduce deployment friction. Direct-to-device satellite integration is being tested with Lynk Global under an FCC experimental license.
Anterix generates revenue primarily through spectrum license sales recognized on a gross basis under ASC 606, with multi-year contracts featuring upfront and milestone-based payments. Secondary revenue streams include TowerX tower access fees and CatalyX device management services, designed to expand recurring revenue. The company sells exclusively to U.S. electric utilities through enterprise field sales supplemented by the partner ecosystem. As of FY2026, Anterix had 11 utility customers deploying (including CPS Energy, Xcel Energy, Ameren, Evergy, Benton PUD, NorthWestern Energy, Oncor, SDG&E, TECO, TNMP, and LCRA), more than $400M in total contracted proceeds, $127M in FY2026 cash receipts, $98.5M in cash, and zero debt.
Anterix firmographics
Firmographics- Name
- Anterix
- Legal name
- Anterix Inc.
- Website
- https://anterix.com
- Company type
- Public
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Anterix holds the largest licensed 900 MHz broadband spectrum block in the U.S. and sells private wireless spectrum rights and deployment solutions to U.S. electric utilities for mission-critical grid modernization, supported by a 150+ partner ecosystem.
- Ownership category
- akta.pro rank
Anterix industry classification
Industry- Product category
- Private Wireless Telecommunications Infrastructure
- NAICS
- Wireless Telecommunications Carriers (except Satellite) (517112)
- SIC
- Radiotelephone Communications (4812)
- akta.pro primary industry
- Private Cellular Networks for Utilities (Private LTE/5G Core, RAN, SIM/eSIM) (EUADAIAF)
- akta.pro secondary industry
- Network Engineering, Integration & Field Deployment Services (Design, Build, Test) (EUADAIAM)
Keywords
Where Anterix is headquartered
LocationHeadquarters
- HQ city
- Mclean
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Anterix business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Spectrum License Sales: Anterix sells or leases exclusive 900 MHz broadband spectrum licenses to utilities for private wireless network deployment. Revenue is recognized on a gross basis under ASC 606. Payments are often structured with upfront and milestone components. Contracted proceeds have exceeded guidance, with $127 million in cash receipts in FY2026 against an $80 million initial expectation, and over $400 million in total contracted proceeds to date.
- Deployment Solutions (TowerX, CatalyX): Anterix generates additional revenue through TowerX (tower access fees) and CatalyX (device management and SIM provisioning services) as deployment accelerators that complement spectrum licensing. These services are designed to compress time-to-value for utility customers and expand the company's recurring revenue footprint.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Spectrum license sales with milestone-based payments |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels8 records
Anterix product offering
Product offeringCore offering
Anterix sells and licenses the largest U.S. holding of licensed 900 MHz broadband spectrum (896-901/935-940 MHz) to U.S. electric utilities and critical infrastructure operators for deployment of private LTE/5G wireless networks. It complements this spectrum foundation with TowerX, a turnkey tower access service developed with Crown Castle, and CatalyX, a SIM/eSIM provisioning and lifecycle management platform, supported by the Anterix Active Ecosystem of 150+ certified technology partners.
Product overview
Anterix is a platform-plus-modules company providing the licensed 900 MHz spectrum foundation for private wireless broadband networks to U.S. electric utilities. The core offering is the 900 MHz Private Wireless spectrum, which utilities use to deploy private LTE networks for mission-critical grid communications. Two deployment accelerator modules sit atop the spectrum foundation: TowerX provides pre-negotiated tower access via Crown Castle's 40,000+ site portfolio to remove siting friction, while CatalyX enables SIM/eSIM device provisioning and lifecycle management across private and public networks. The Anterix Active Ecosystem (AAE) is a validated technology partner network of 150+ companies offering certified 900 MHz-compatible devices and solutions, with the Anterix Security Collective providing specialized cybersecurity offerings within that ecosystem.
Differentiator
Problem solved
Functional benefit
Brands
- TowerX: Pre-negotiated tower access and deployment support service to accelerate 900 MHz private LTE buildouts, partnering with Crown Castle's 40,000+ tower sites.
- CatalyX
- Anterix Active Ecosystem
- Anterix Security Collective
Products and services
- 900 MHz Private Wireless Licensed 900 MHz broadband spectrum (896-901/935-940 MHz) sold and licensed to U.S. electric utilities and critical infrastructure operators for deployment of utility-owned private LTE and 5G networks with mission-critical communications priority, operational control, and lifecycle control free from public cellular congestion.
- TowerX Turnkey tower access service providing utilities with pre-negotiated access to 40,000+ Crown Castle tower sites, standardized terms, and deployment support to remove siting friction and accelerate 900 MHz private LTE network buildouts for utilities and critical infrastructure operators.
- CatalyX SIM/eSIM provisioning and lifecycle management platform enabling utilities to activate devices early, centrally monitor connectivity, and manage private-to-public roaming across private 900 MHz LTE and public networks, supporting device onboarding before private network buildout is complete.
Quantifiable outcome
- FY2026 cash collections of $127 million exceeded initial $80 million guidance by 59%
- +5 more outcomes
Companies that use Anterix
Customer profileNamed customers11 records
Segments1 record
Ideal customer profiles2 records
Anterix technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Anterix partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered flagship and core.
- Lynk GlobalflagshipAnterix and Lynk Global received FCC approval for a one-year experimental license to test direct-to-device (D2D) satellite links using Anterix's 900 MHz terrestrial spectrum across seven U.S. locations. The tests leverage Lynk's seven existing low Earth orbit satellites to evaluate integration with smartphones, computers, and routers for private utility networks, potentially extending coverage to underserved and remote areas beyond terrestrial reach.
- Qualcomm TechnologiescoreAnterix and Qualcomm Technologies expanded collaboration to develop industrial-grade IoT chipsets optimized for utility use cases, leveraging Qualcomm's Snapdragon SDX35-3 and SDX32-3 modems on Anterix's 900 MHz broadband platform to enable 4G and 5G connectivity for grid modernization. Eight utilities have already selected Anterix-enabled private wireless networks. The collaboration builds on the FCC's decision to expand the 900 MHz band to 10 MHz, providing utilities a roadmap to 5G.
- NokiacoreNokia is a charter member of the Anterix Active Ecosystem and offers the first FCC-certified radio supporting Anterix spectrum that power utilities can deploy for private LTE solutions. Nokia supports critical utility use cases that transform grid operations and business models.
- Motorola SolutionscoreMotorola Solutions is a charter member of the Anterix Active Ecosystem, bringing decades of experience providing mission-critical communications infrastructure and purpose-built devices in the 900 MHz spectrum. They have helped define the broadband opportunity in the band for utilities.
- CiscocoreCisco is a member of the Anterix Active Ecosystem, providing networking hardware, software, and telecommunications equipment to support enterprise-grade private wireless deployments for utilities.
- Crown CastlecoreAnterix and Crown Castle launched TowerX, a turnkey tower service providing utilities with pre-negotiated access to 40,000+ Crown Castle tower sites across the U.S. TowerX streamlines site development, reduces costs, and accelerates private LTE deployments in the 900 MHz band. The partnership leverages Crown Castle's extensive tower infrastructure and Anterix's spectrum assets and ecosystem.
- GE VernovacoreGE Vernova is a charter member of the Anterix Active Ecosystem, contributing to the first FCC-certified gateway for 900 MHz. Their technology supports utility grid modernization use cases including distribution automation and grid edge intelligence on Anterix's private wireless platform.
- EricssoncoreEricsson was appointed to deploy private LTE for LCRA's smart-grid across Texas as part of the Anterix Active Ecosystem. Ericsson provides network deployment, maintenance, and infrastructure development services for Anterix-enabled utility networks.
- Mandiant (Google subsidiary)coreMandiant is a charter member of the Anterix Security Collective, providing cyber threat intelligence capabilities for utilities deploying 900 MHz private wireless networks. Their Mandiant Advantage platform provides threat data and analysis expertise to enhance utility cybersecurity defenses.
- Q-Net SecuritycoreQ-Net Security is a charter member of the Anterix Security Collective and the Anterix Active Ecosystem, providing quantum-resistant, end-to-end encryption hardware that creates a barrier between defined endpoints within Anterix-enabled networks.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Anterix competitors and assessment
Company assessmentDirect peers
- Federated Wireless: Federated Wireless is a CBRS spectrum manager and private wireless network provider that, like Anterix, enables private LTE/5G networks for enterprises and critical infrastructure operators. Both companies sell dedicated spectrum and network enablement to organizations that need carrier-grade private wireless without depending on public carrier networks.
- Betacom: Betacom is a managed private 5G provider that has publicly targeted utilities and critical infrastructure as primary verticals, with deployments and partnerships in the same U.S. utility market Anterix addresses. Both companies position private cellular as the foundation for grid modernization and industrial IoT.
Emerging players
- Celona: Celona provides an enterprise private 5G/LTE platform that competes in the same private cellular market Anterix serves for utilities and industrial customers. Both companies bundle spectrum access (CBRS for Celona, 900 MHz for Anterix) with network orchestration and SIM/device management to deliver turnkey private wireless.
- Geoverse: Geoverse is a private cellular network operator that delivers LTE/5G to enterprises, municipalities, and utilities using CBRS and licensed spectrum. The company targets similar use cases to Anterix (utility field operations, smart grid, critical infrastructure) and competes for the deployment services layer that Anterix now offers via TowerX and CatalyX.
- InfiniG: InfiniG provides neutral-host and private CBRS cellular services for enterprises, including industrial and utility customers. Like Anterix, InfiniG packages spectrum access with managed network services, though it focuses on CBRS rather than licensed utility-grade spectrum.
- JMA Wireless: JMA Wireless manufactures private 5G/LTE cellular infrastructure (RAN, core, edge) that competes for the same utility and industrial private wireless deployments where Anterix supplies spectrum. Both companies serve utilities seeking carrier-grade, utility-owned private cellular networks.
Broad incumbents
- Nokia (Private Networks / MXIE): Nokia is a charter member of the Anterix Active Ecosystem and offers the first FCC-certified radio for Anterix spectrum. As a global infrastructure incumbent with its MX Industrial Edge and anyhaul private wireless portfolio, Nokia competes for the same utility private LTE deployments where Anterix sells its spectrum, though Nokia also partners with Anterix rather than always competing.
- Ericsson (Private Networks): Ericsson is deploying private LTE for Anterix customers such as LCRA under the Anterix Active Ecosystem. As a major RAN and private cellular incumbent, Ericsson competes for end-to-end utility private wireless contracts that include the spectrum, RAN, and core layer where Anterix operates.
- Itron (Smart Grid Networks): Itron is a utility-focused smart grid and AMI networking vendor that, through its acquisition of Silver Spring Networks, operates one of the largest utility field area networks in the U.S. Itron competes with Anterix-enabled private LTE by offering alternative utility networking (RF mesh, PLC) for distribution automation and AMI applications.
- DISH Network (spectrum holdings): DISH holds substantial licensed wireless spectrum across multiple bands and has explored private network opportunities. While primarily a consumer wireless carrier, DISH's spectrum portfolio and its AWS-4/600 MHz holdings make it a comparable large-scale spectrum holder that could compete for private wireless enterprise and utility contracts.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Anterix social profiles
Digital presenceAnterix financial estimates
Financial estimateRevenue estimate
Valuation estimate
Anterix leadership team
Management profileNumber of profiles
Profiles9 records
Anterix funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Anterix M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Anterix
What does Anterix do?
Anterix sells and licenses the largest U.S. holding of licensed 900 MHz broadband spectrum (896-901/935-940 MHz) to U.S. electric utilities and critical infrastructure operators for deployment of private LTE/5G wireless networks. It complements this spectrum foundation with TowerX, a turnkey tower access service developed with Crown Castle, and CatalyX, a SIM/eSIM provisioning and lifecycle management platform, supported by the Anterix Active Ecosystem of 150+ certified technology partners.
Is Anterix a public or private company?
Anterix is a public company. It is classified as public and is currently operating.
When was Anterix founded?
Anterix was founded in 2006. It employs 51 to 100 people.
Where is Anterix based?
Anterix is headquartered in Mclean, United States, in the North America region.
How does Anterix make money?
Two revenue lines are on record. Spectrum License Sales are the primary driver. The others are deployment Solutions (TowerX, CatalyX).
Who are Anterix's main competitors?
Direct peers on record are Federated Wireless and Betacom. Emerging players are Celona, Geoverse, InfiniG and JMA Wireless. Broad incumbents are Nokia (Private Networks / MXIE), Ericsson (Private Networks), Itron (Smart Grid Networks) and DISH Network (spectrum holdings).
Does Anterix have an API?
No public API is recorded for Anterix.
What industry is Anterix in?
Anterix's product category is Private Wireless Telecommunications Infrastructure. Its primary akta.pro industry code is EUADAIAF, Private Cellular Networks for Utilities (Private LTE/5G Core, RAN, SIM/eSIM), with a secondary code of EUADAIAM, Network Engineering, Integration & Field Deployment Services (Design, Build, Test). Its NAICS code is 517112 and its SIC code is 4812.