secwatch.observer — SEC 8-K summary
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Issuer:     Anterix Inc. (ATEX)
CIK:        0001304492
Form:       8-K
Filed at:   2023-04-24T23:59:59+00:00
Accession:  0001304492-23-000020
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Anterix signs $30M spectrum license agreement with LCRA for 900 MHz broadband in Texas
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- Agreement covers 68 counties and 30+ cities; total payment $30M plus contribution of select LCRA 900 MHz narrowband spectrum.
- LCRA is first non-investor owned utility to deploy 900 MHz private LTE; will serve >100 external customers across 73,000 sq mi.
- Payment schedule: 50% initial by July 2023, ~25% in 2024, remaining ~25% through 2026.
- Spectrum delivery by county starting 2023, expected completion by 2026, contingent on FCC licensing and incumbent clearing.
- Anterix and LCRA to collaborate on accelerating 900 MHz private network adoption in Texas and the Anterix Active Ecosystem.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1304492/000130449223000020/0001304492-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1304492/000130449223000020/atex-20230420.htm
  HTML page:      https://secwatch.observer/filing/0001304492-23-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer