The following is a summary of the Anterix, Inc. (ATEX) Q1 2025 Earnings Call Transcript:

Financial Performance:

• Financial performance specifics such as revenue or profit were not detailed in the call. The primary financial discussions centered around investment in utilities and strategic use of share repurchase programs.

• The company outlined the receipt of funds from spectrum deliveries totaling about $176 million by the end of the next fiscal year.

Business Progress:

• Anterix has secured 7 utility customers across 15 states, marking significant growth.

• Announced a strategic agreement with the National Rural Telecommunications Cooperative to expand 900 MHz spectrum services.

• Ongoing investments in broadband networks for utilities underscore Anterix's commitment to enhancing electric grid modernization.

Opportunities:

• The company sees increased opportunities in expanding its 900 MHz private wireless network services for utilities nationwide, including a new initiative with NRTC aimed at rural areas.

• Anterix plans to capitalize on growing demand for electricity and the ongoing modernization of electric grids.

Risks:

• Potential market risks such as economic conditions impacting utility investments were touched upon but not explicitly elaborated in terms of direct impact on Anterix.

More details: Anterix IR

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