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Anterix ( (ATEX) ) just unveiled an update.
Anterix has announced the retirement of Morgan E. O’Brien as Executive Chairman of the Board, effective December 31, 2024, after over 12 years with the company. O’Brien will continue to support Anterix as a consultant under a new agreement. His successor, Thomas R. Kuhn, will assume the role of Chairman of the Board and Chair of the newly established Utility Engagement Committee, effective January 1, 2025. Kuhn’s extensive experience in the utility industry is expected to strengthen Anterix’s relationships within the sector and drive growth and value creation for stakeholders.
More about Anterix
Anterix is a leading company in the utility and technology sector, leveraging 900 MHz broadband to provide modernized grid solutions. With an ecosystem of over 100 members, Anterix offers utility-first solutions aimed at addressing challenges faced by utilities today. As the largest holder of licensed spectrum in the 900 MHz band across the contiguous United States, Hawaii, Alaska, and Puerto Rico, Anterix is positioned to enable private LTE solutions for advanced communications in the energy sector.
YTD Price Performance: -7.74%
Average Trading Volume: 124,655
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $572.3M
Learn more about ATEX stock on TipRanks’ Stock Analysis page.
