Anterix (ATEX) Spectrum Powers Oncor's Private Wireless Network
Anterix(ATEX) ZACKS·2024-06-28 00:46
Anterix Inc. (ATEX) signed an agreement with Oncor Electric Delivery Company LLC, enabling the latter to acquire 900 MHz broadband spectrum essential for establishing a private wireless broadband network across its service territory. The strategic move aims to revolutionize Oncor’s communication capabilities, enhancing grid awareness and operational intelligence.The Spectrum License Sale agreement, valued at $102.5 million, provides Oncor with 900 MHz broadband licenses, facilitating the deployment of a pri ...