Anterix reports FY2025 progress: $147M contracted proceeds, $3B pipeline, strategic review ongoing

Anterix Inc.

Appointed Scott Lang CEO (Oct 2024), Thomas Kuhn Executive Chairman (Jan 2025). DI scorecard: 19 utilities, ~$1.1B potential proceeds.
Executed spectrum sale agreements with Oncor ($102.5M) and LCRA ($13.5M); received $44M from Oncor and $8.5M from Ameren.
Fiscal 2025 gains: $22.8M on license exchanges (67 counties) and $18.3M Q4 gain on sale of four Oncor broadband licenses.
Strategic review initiated Feb 2025 after inbound interest; ongoing. AnterixAccelerator program oversubscribed targeting $250M in spectrum incentives.
No debt; cash $47.4M; $227.7M available under $250M share repurchase; bought back $8.4M in FY2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.