ANTERIX INC (ATEX)
Communication · Licensed spectrum and critical infrastructure broadband · NASDAQ
Anterix is the nation's largest 900 MHz spectrum holder commercializing its unique licensed bandwidth through spectrum sales/leases and integrated connectivity solutions for critical infrastructure digital transformation.
What ANTERIX INC does
Anterix holds the nation's largest licensed 900 MHz spectrum portfolio (896–901/935–940 MHz) covering the contiguous US, Hawaii, Alaska, and Puerto Rico. The company has evolved from a predominantly spectrum-leasing model to an integrated operating model that secures, clears, sells, and leases spectrum to utility and critical infrastructure enterprises, while developing products and services including private broadband networks, tower access solutions (TowerX), and turnkey connectivity management (CatalyX) that generate recurring revenue as customers deploy and operate their networks.
Themes: ["Critical infrastructure connectivity","Spectrum assets and licensed wireless","Grid modernization and resilience","Private broadband networks","Digital transformation for utilities","Recurring revenue services"]
Fundamentals
- Price$106.86 as of 2026-07-09 close
- Market cap$2.1B as of 2026-07-10
- 1-year return+336.5% as of 2026-07-09 close
- P/E22.90 as of 2026-07-10
- Net margin+1394.2% as of 2026-07-10
- Gross margin+100.0% as of 2026-07-10
- ROE+39.3% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+7.8% as of 2026-07-10
- Revenue CAGR (3y)+50.2% SEC XBRL
- Beta0.84 as of 2026-07-10
Key risks (from latest filing)
["FCC regulatory decisions and spectrum policy changes could materially impact spectrum value, expansion opportunities, and the monetization model","Dependence on utility and critical infrastructure customer adoption and deployment timelines for spectrum sales/leases and recurring services revenue","Spectrum clearing and retuning complexity and execution risk in converting narrowband to broadband assets across thousands of licenses nationwide"]
Competitors & peers
- FirstNet (AT&T public safety band)
- Verizon (private network and broadband solutions)
- T-Mobile (spectrum and business connectivity)
- Crown Castle (tower and infrastructure)
- Digital Bridge / Towers Financial (infrastructure platforms)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.