ATEX - Anterix inks private LTE Technology agreement with Motorola Solutions Nokia
Anterix (ATEX) entered into an agreement with Motorola Solutions (MSI) and Nokia (NOK) for facilitating the deployment of private LTE networks by utility companies as part of the sector's efforts to modernize the electric grid.These collaborations are post last year's announcement of Motorola Solutions' Private Broadband for Critical Infrastructure platform, and the FCC's Report & Order enabling the transitioning of the 900 MHz band to broadband.Motorola and Nokia are part of the Anterix Active Ecosystem Program that brings together technology innovators to support Anterix customers deploying and operating private LTE on 900 MHz.Anterix shares trade 2.1% higher premarket
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Anterix inks private LTE Technology agreement with Motorola Solutions, Nokia