Anterix Inc. (ATEX)
Anterix Inc. operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Woodland Park, NJ, US. The stock last traded at $87.09, down 6.29% on the session, giving a market capitalisation of $1.70B. On trailing twelve-month figures it carries a trailing P/E of 24.81, a net margin of 933.0%. Its beta of 0.85 implies it has historically moved less than the broad market.
Anterix Inc. operates as a specialist in wireless communications, primarily focusing on monetizing its distinct radio spectrum holdings. The company's main objective is to empower essential utility and critical infrastructure clients by enabling them to deploy bespoke broadband networks, advanced technologies, and tailored solutions. Anterix holds exclusive licenses for 900 MHz spectrum, which provides extensive coverage throughout the continental United States, as well as Alaska, Hawaii, and Puerto Rico. Originally established in 1997, the firm was formerly recognized as pdvWireless, Inc. before officially rebranding to Anterix Inc. in August 2019. Its corporate headquarters are located in Woodland Park, New Jersey.
Anterix Inc. is most often compared with the following Communication Services names: