other material
confidence high
sentiment positive
materiality 0.60
Anterix sells 900 MHz broadband licenses to NorthWestern Energy for $7.7M
Anterix Inc.
- Agreement marks first planned 10 MHz broadband deployment in 900 MHz band for utilities.
- Total contract price of $7.7 million; payments due upon signing and as FCC grants licenses through 2033.
- NorthWestern Energy becomes tenth utility to secure Anterix's 900 MHz spectrum.
- Spectrum covers portions of Montana, South Dakota, and Wyoming; FCC approved expanded allocation in Feb 2026.
- Anterix to clear existing incumbents and deliver licenses; customary termination and refund provisions apply.