Anterix signs $30.2M 20-year spectrum lease with Evergy for private LTE

Anterix Inc.

Long-term lease of 6 MHz 900 MHz broadband spectrum for Evergy's Kansas/Missouri territory (28,130 sq mi, 3.88M people).
Initial 20-year term with two 10-year renewal options; lease payment of ~$30.2M due within 30 days of execution.
Third utility contract in nine months for Anterix, following Ameren and SDG&E.
Evergy plans to deploy private LTE network for grid modernization and digital transformation.
Delivery of spectrum per county to commence by June 30, 2022; earlier clearing of incumbents underway.

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