other material
confidence high
sentiment positive
materiality 0.70
Anterix sells 900 MHz spectrum to CPS Energy for $13M, first Accelerator deal
Anterix Inc.
- Anterix sells 6 MHz (paired) 900 MHz broadband license in Bexar County, TX to CPS Energy for $13M.
- CPS Energy, the largest community-owned utility in the US, serves 970k electric and 390k gas customers.
- Deal marks first utility agreement under AnterixAccelerator funding program with dollar-for-dollar match discount.
- Eight utilities now use Anterix 900 MHz spectrum across 15 states; Texas coverage expands to >93% of counties.
- Broadband license transfer subject to FCC approval; final payment due by Jan 31, 2027, contingent on license grant.