Anterix Highlights Operational Reset, Utility Momentum in Q3 Earnings Call

Company points to growing interest in private wireless networks using 900 MHz spectrum, new products, and improved financial position.

Published on Feb. 12, 2026

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Anterix NASDAQ: ATEX executives used the company's fiscal 2026 third quarter investor update call to highlight a broad operational reset over the past year, point to growing utility interest in private wireless networks using 900 MHz spectrum, and discuss steps taken to reduce costs and improve cash generation. Management also flagged a near-term Federal Communications Commission (FCC) milestone that could expand broadband deployment across the full 10 megahertz of the 900 MHz band.

Why it matters

Anterix's 900 MHz broadband spectrum is seen as increasingly critical infrastructure for utilities looking to modernize their networks and connect more devices at scale. The company's operational and financial improvements, along with regulatory developments, could accelerate adoption of its private wireless solutions.

The details

Anterix President and CEO Scott Lang said the company has significantly reduced operating expenses, strengthened its balance sheet, launched new products, and built out a senior leadership team as part of a 'complete and total refresh.' He pointed to growing customer momentum, including Evergy supporting 4,500 connected devices with plans to reach over 1 million, and new customer CPS Energy's strong presence at a recent industry event. Lang also discussed new products aimed at reducing deployment barriers and creating recurring revenue opportunities. CFO Elena Marquez highlighted a 20% reduction in the company's operating expense run rate, the highest number of spectrum licenses delivered in a single year, and an $80 million cash infusion expected in the current quarter.

  • On February 18, the FCC is expected to consider a report and order that would enable broadband deployment across the full 10 megahertz of the 900 MHz band.

The players

Anterix

An American telecommunications company focused on delivering private broadband networks for utilities and other critical infrastructure industries.

Scott Lang

President and CEO of Anterix.

Elena Marquez

Chief Financial Officer of Anterix.

Evergy

A utility company that is an Anterix customer, supporting roughly 4,500 connected devices with plans to reach over 1 million.

CPS Energy

A utility company that is Anterix's newest customer, with more than 20 team members at a recent industry event.

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What they’re saying

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— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

What’s next

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The takeaway

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