Anterix sells additional 900 MHz licenses to LCRA for $13.5M covering 34 Texas counties

Anterix Inc.

LCRA expands private LTE network with 6 MHz of broadband spectrum in 34 additional Texas counties.
Total payment of $13.5 million; delivery expected between 2027 and 2029 after incumbent clearing.
Builds on 2023 agreement covering 68 counties; combined with other partners, 93% of Texas counties will be served by 900 MHz private LTE.
Anterix and LCRA will collaborate to accelerate utility industry momentum for 900 MHz private networks.
Agreement approved by both companies' boards; includes incentives to address remaining 7% of Texas counties.

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