Robert H. Schwartz
In connection with the CEO Transition, Mr. Schwartz will resign from his service on the Company’s Board.
Highest-materiality recent filing
Anterix reports FY2026: new spectrum sales, FCC expansion, $98.5M cash, no debt
Executed new spectrum sale agreements for total proceeds of $23.9M in FY2026; subsequent deal with Benton PUD for $0.8M.
Anterix sells 900 MHz broadband licenses to NorthWestern Energy for $7.7M
Agreement marks first planned 10 MHz broadband deployment in 900 MHz band for utilities.
Anterix reports $123M contracted proceeds; FCC expands 900 MHz broadband to 10 MHz
Approximately $123M in contracted proceeds outstanding; >$80M expected in Q4 FY2026.
Anterix sells 900 MHz spectrum to CPS Energy for $13M, first Accelerator deal
Anterix sells 6 MHz (paired) 900 MHz broadband license in Bexar County, TX to CPS Energy for $13M.
Anterix reports contracted proceeds of $114M outstanding; $3B pipeline; launches TowerX and CatalyX
Received $29M in contracted proceeds in Q2; $114M total outstanding; $19M accelerated into FY2026, expects >$60M by year-end.
Anterix appoints Elena Marquez as CFO and Heather Martin as CMO; CFO Tim Gray departs
CFO Tim Gray resigns effective Sept 19, 2025; Elena Marquez (VP Finance & Controller) named CFO effective Sept 22.
Anterix Q1 FY2026: $137M contracted proceeds, $33.9M gain on license exchange, $3B pipeline
First fiscal quarter: >$10M received from customers; $70M expected through FY2026.
Anterix reports FY2025 progress: $147M contracted proceeds, $3B pipeline, strategic review ongoing
Appointed Scott Lang CEO (Oct 2024), Thomas Kuhn Executive Chairman (Jan 2025). DI scorecard: 19 utilities, ~$1.1B potential proceeds.
Anterix initiates strategic review, appoints new chairman; Q3 cash $28.8M, $3B pipeline
Tom Kuhn appointed Executive Chairman after Morgan O'Brien retirement; strategic review started after inbound interest.
Anterix sells additional 900 MHz licenses to LCRA for $13.5M covering 34 Texas counties
LCRA expands private LTE network with 6 MHz of broadband spectrum in 34 additional Texas counties.
Anterix Chairman O'Brien retires; Tom Kuhn appointed Chairman effective Jan 1, 2025
Morgan O'Brien retires as Executive Chairman and director effective Dec 31, 2024; continues as advisor under consulting agreement.
Anterix Q2 FY2025: Cash $43.1M, no debt; new CEO Scott Lang; 18 utilities above DI threshold
Cash and equivalents $43.1M, no debt; $7.5M milestone payment from Ameren.
Anterix appoints Scott Lang as President and CEO; Rob Schwartz steps down after a decade
Robert H. Schwartz steps down as CEO effective November 1, 2024, and will serve as an advisor to the Board.
Anterix signs $102.5M spectrum agreement with Oncor; cash $51.7M; pipeline ~$3B
Executed $102.5M spectrum sale with Oncor Electric; $10M received in June 2024.
Anterix signs $102.5M spectrum license agreement with Oncor for 95-county Texas network
Oncor to pay Anterix $102.5M total; $44M within 12 months, balance by FYE2026.
Anterix reports FY2024 cash flow positive on $106.5M contracted proceeds; pipeline at $3B
Full year contracted cash proceeds of $106.5M; cash and equivalents $60.6M at March 31, 2024.
Anterix and coalition file FCC petition to expand 900 MHz broadband segment to 5x5 MHz
Petition seeks FCC adoption of paired 5x5 MHz broadband segment (up from current 3x3 MHz) at 900 MHz.
Anterix reports Q3 FY2024: $34.5M utility lease, $13.7M gain, DI pipeline $3B+
Cash and equivalents of $62.0M as of Dec 31, 2023.
Former EEI CEO Tom Kuhn appointed Vice Chairman of Anterix Board
Thomas Kuhn, former President & CEO of Edison Electric Institute (EEI) for 30+ years, appointed as director and Vice Chairman effective Dec 29, 2023.
Anterix Q2 FY2024: $7.3M gain from SDG&E license sale, $10.7M buyback, 16 utilities in DI threshold
Cash $48.5M at Sept 30; transferred San Diego broadband license to SDG&E, recorded $7.3M gain.
Anterix FY2023: $80M Xcel lease, 14 utilities high-intent, $100.8M proceeds due FY2024
Cash $43.2M, signed $80M spectrum lease with Xcel Energy ($8M received Dec 2022).
Anterix signs $30M spectrum license agreement with LCRA for 900 MHz broadband in Texas
Agreement covers 68 counties and 30+ cities; total payment $30M plus contribution of select LCRA 900 MHz narrowband spectrum.
In connection with the CEO Transition, Mr. Schwartz will resign from his service on the Company’s Board.
On October 8, 2024, Anterix Inc. (the “ Company ”) announced that Robert H. Schwartz is stepping down from his role as the Company’s President and Chief Executive Officer and will provide advisory services to the Board of Directors (the “ Board ”) to support a successful leadership transition through November 1, 2024 (the “ CEO Transition ”).
Further, as part of the CEO Transition, the Board appointed Scott A. Lang, who has served as director since August 2024, as the Company’s President and Chief Executive Officer.
On February 6, 2024, Paul Saleh delivered notice to Anterix Inc. (the “Company”) of his resignation from the Company's board of directors, effective immediately, following his appointment as the Chief Executive Officer of the Atos Group.
On December 29, 2023, the Board of Directors (the “Board”) of Anterix Inc. (the “Company”), based on the recommendation of the Board’s Nominating and Corporate Governance Committee, increased the size of the Board to ten directors and appointed Thomas Kuhn as a director and Vice Chairman of the Board, effective immediately.
Max materiality 0.75 · Median 0.60 · Most common event other_material