TO OUR SHAREHOLDERS:Anterix Inc. • October 31st, 2022 • Telephone communications (no radiotelephone)
Xcel Energy (“Xcel”) and Anterix signed a definitive agreement for the long-term usage of 900 MHz broadband spectrum for a prepayment of $80 million. The agreement, which covers a majority of Xcel’s service territories in 8 states including Colorado, Michigan, Minnesota, New Mexico, North Dakota, South Dakota, Texas and Wisconsin, will enable Xcel to deploy a private LTE network providing critical broadband communications capabilities in support of its grid modernization and resiliency initiatives.
