Anterix Forges Private LTE Distribution Partnership Deals With Nokia, Motorola

  • Anterix Inc ATEX inked an agreement with Nokia Oyj NOK to fast-track the 900 MHz private LTE distribution across the U.S. utility sector.
  • They will combine Anterix's "beach-front" 900 MHz spectrum with Nokia's industrial-grade private LTE/4.9G wireless infrastructure to help the utility companies distribute private LTE solutions supporting advanced communications for grid transformation.
  • Separately Anterix inked another agreement with Motorola Solutions Inc MSI to distribute private LTE networks by utility companies.
  • The collaboration builds on last year's announcement of Motorola Solutions' Private Broadband for Critical Infrastructure platform and the FCC's order enabling the transitioning of the 900 MHz band to broadband.
  • Nokia and Motorola are charter members of the Anterix Active Ecosystem Program that support Anterix customers operating private LTE on 900 MHz.  
  • The Biden government prioritized cybersecurity funding following multiple hacks compromising the energy grids.
  • Price action: ATEX shares traded higher by 2.67% at $49.28 on the last check Thursday.
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