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Anterix Deepens Collaboration with Qualcomm to Accelerate Utility Grid Connectivity

MWN-AI** Summary

Anterix (NASDAQ: ATEX), a leader in private wireless broadband for the utility sector, announced a significant expansion of its collaboration with Qualcomm Technologies Inc. on February 26, 2026. This partnership aims to enhance utility grid connectivity by transitioning the industry from mere spectrum access to a comprehensive private wireless connectivity platform. As utilities strive for safer operations and greater resilience, this collaboration will provide the necessary support for long-term grid modernization.

Qualcomm’s Vivek Khanna emphasized the importance of this partnership in reinforcing access to chipset innovations that ensure a secure and connected energy future for utilities and critical infrastructure operators. A pivotal outcome of this collaboration is the introduction of new industrial-grade IoT chipsets specifically tailored for utility applications at scale, including Qualcomm’s Snapdragon SDX35-3 and SDX32-3 IoT Modems. These modems will enhance 4G and 5G cellular connectivity within Anterix’s 900 MHz broadband platform, promoting operational visibility and resilience at the grid edge.

Currently, eight utilities have already selected Anterix's private wireless solutions as their backbone for next-generation grid connectivity. Anterix's Chief Technology & Engineering Officer, Carlos L’ Abbate, remarked that the collaboration with Qualcomm provides utilities with a clear and scalable roadmap to 5G, which offers immediate operational benefits while also supporting future network evolution.

Moreover, the integration of Qualcomm’s technology by members of the Anterix Active Ecosystem, such as Easymetering, showcases the potential of utility-owned private wireless networks. These advancements support electrification, distributed energy resources, and enhanced customer interactions, all while ensuring essential reliability and security. Anterix continues to empower critical infrastructure with efficient, resilient private wireless solutions that facilitate a transformative approach to connectivity.

MWN-AI** Analysis

Anterix (NASDAQ: ATEX) is poised for significant growth following its recent collaboration with Qualcomm, which aims to enhance private wireless connectivity for utility companies. This partnership signals a transformative shift for the utility sector, as Anterix expands its offerings beyond spectrum access to a comprehensive platform that supports critical infrastructure needs. Investors should view this development as a robust opportunity given the essential role of utilities in national security and economic stability.

The expanded collaboration focuses on the introduction of industrial-grade IoT chipsets, such as Qualcomm’s Snapdragon SDX35-3 and SDX32-3, optimized for utility applications. By incorporating 4G and 5G capabilities into Anterix’s 900 MHz broadband platform, the partnership promises to improve operational visibility and resilience at the grid edge. This is particularly crucial in an era where utilities are undergoing significant modernization to support smart grid initiatives and distributed energy resources.

With eight utilities already leveraging Anterix's solutions, the potential for growth in market adoption is substantial. The extension of the 900 MHz band reinforces this potential, providing a clear pathway to 5G while delivering immediate operational benefits. This strategic move could enhance Anterix’s competitive positioning as more utilities transition to private wireless networks, capitalizing on the need for enhanced security and reliability.

Investors should consider the long-term implications of Anterix’s strategy. The proactive stance in future-proofing utility connectivity—through partnerships and technology advancements—positions the company favorably against competitors. Given these developments and Anterix's commitment to transforming critical infrastructure, the stock presents a compelling prospect for investors seeking exposure to the growing utility tech sector. However, potential investors should remain cognizant of market risks and conduct thorough due diligence before executing trades.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: GlobeNewswire

WOODLAND PARK, N.J., Feb. 26, 2026 (GLOBE NEWSWIRE) -- Anterix (NASDAQ: ATEX), the market leader in mission-critical private wireless broadband spectrum for the utility sector, today announced an expanded collaboration with Qualcomm Technologies Inc. to accelerate adoption of next-generation connectivity for utilities and critical infrastructure operators nationwide.

The collaboration underscores Anterix’s role in moving the utility industry beyond spectrum access to a complete private wireless connectivity platform — one that enables utilities to deploy, operate, and evolve private wireless broadband networks that support safer operations, greater resilience, and long-term grid modernization.

“Utilities and other critical infrastructure industries are essential to the nation’s security and economic vitality,” said Vivek Khanna, Vice President of Product Management at Qualcomm. “By collaborating with Anterix, the market leader in private broadband connectivity for utilities, Qualcomm is reinforcing our commitment to the utility market and giving utilities access to the chipset innovation needed to build a more secure, resilient, and connected energy future.”

A key outcome of the collaboration between Anterix and Qualcomm is the development of new industrial-grade IoT chipsets optimized specifically for utility use cases at scale. Qualcomm’s Snapdragon SDX35-3 and SDX32-3 IoT Modems will deliver 4G and 5G cellular connectivity on Anterix’s 900 MHz broadband platform, enabling greater distributed intelligence, operational visibility, and resilient communications at the grid edge. To date, eight utilities have selected Anterix-enabled private wireless as the foundation for next-generation grid connectivity.

“By joining forces with Qualcomm, we are giving utilities a clear, scalable roadmap to 5G — one that delivers immediate operational value while supporting long-term network evolution,” said Carlos L’ Abbate, Chief Technology & Engineering Officer at Anterix. “Building on the FCC's decision to expand the 900 MHz band to 10 MHz, this collaboration further future-proofs the adoption of private wireless, with Anterix-enabled networks serving as a foundation for smarter operations, stronger resilience, and a future-ready energy system.”

The Snapdragon SDX35-3 IoT Cellular Modem already is being incorporated by members of the Anterix Active Ecosystem, including Easymetering, whose AMI 2.0 and grid-edge solutions demonstrate how utility-owned private wireless can support electrification, distributed energy resources, and enhanced customer engagement—while maintaining the reliability and security utilities require.

Shareholder Contact 

Natasha Vecchiarelli  
Vice President, Investor Relations & Corporate Communications  
Anterix 
973-531-4397  
nvecchiarelli@anterix.com 

Media Contact

Paul Gaige
Senior Vice President
Burson
504-957-1434
Paul.Gaige@bursonglobal.com

About Anterix

Anterix is transforming how critical infrastructure stays connected. As the market leader in mission-critical private wireless broadband spectrum, Anterix delivers more secure, private 900 MHz licensed spectrum and advanced intelligent infrastructure solutions that enhance efficiency, strengthen resilience, and accelerate digital transformation. Backed by a growing ecosystem of industry-leading partners, Anterix provides the connectivity foundation that powers a more resourceful and resilient future. Learn more at www.anterix.com.

Forward-Looking Statements

Certain statements contained in this press release may constitute forward-looking statements within the meaning of the federal securities laws that involve risks and uncertainties. Forward-looking statements include statements that may predict, forecast, indicate or imply future events or achievements such as statements in this press release related to Anterix’s business, plans and opportunities. Any such forward-looking statements are based on the current expectations of Anterix's management and are subject to a number of risks and uncertainties that could cause Anterix's actual future results to differ materially from those implied by the forward-looking statements. These risks and uncertainties are identified and described in more detail in Anterix's most recent filings on Forms 10-K and 10-Q and in other filings that it makes with the SEC from time to time. These documents are available on Anterix's website at www.anterix.com under the Investor Relations section and on the SEC's website at www.sec.gov. Accordingly, you should not rely upon forward-looking statements as predictions of future events. Except as required by applicable law, Anterix undertakes no obligation to update publicly or revise any forward-looking statements contained herein.


FAQ**

How does the collaboration between Anterix Inc. (ATEX) and Qualcomm specifically enhance utility operations in terms of security and resiliency in critical infrastructure?

The collaboration between Anterix Inc. and Qualcomm enhances utility operations by integrating private LTE and 5G technology, thereby improving cybersecurity measures and ensuring resilient communications for critical infrastructure in utility management.

What must investors consider regarding the risks associated with Anterix Inc. (ATEX)’s forward-looking statements related to its collaboration with Qualcomm?

Investors must consider potential uncertainties in market demand, regulatory approvals, technological advancements, and the overall success of Anterix Inc.’s collaboration with Qualcomm, as these factors could significantly impact its future performance and financial outcomes.

Can you detail the expected impacts of Anterix Inc. (ATEX)’s new IoT chipsets on the utility sector and their implementation on the 900 MHz broadband platform?

Anterix Inc.'s new IoT chipsets are expected to enhance connectivity, improve data management, and enable more efficient operations in the utility sector, facilitating the implementation of robust 900 MHz broadband solutions for better communication and smart grid advancements.

How is Anterix Inc. (ATEX) planning to leverage its collaboration with Qualcomm to pioneer advancements in private wireless connectivity for future energy systems?

Anterix Inc. (ATEX) plans to leverage its collaboration with Qualcomm to enhance private wireless connectivity for future energy systems by utilizing Qualcomm's expertise in advanced communication technologies to facilitate reliable, secure, and efficient data transmission in electric utilities.

**MWN-AI FAQ is based on asking OpenAI questions about Anterix Inc. (NASDAQ: ATEX).

Anterix Inc.

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