Anterix Inc. (NASDAQ: ATEX) was founded in 2004, formerly known as pdvWireless, Inc. (NASDAQ: PDVW), changed to its current name in June 2019, and then formerly named Pacific DataVision, Inc. in November 2015 Changed to pdvWireless, headquartered in Woodland Park, New Jersey, USA, with 58 full-time employees. It is a wireless communication company that mainly provides network and mobile communication solutions for infrastructure and corporate customers in the United States.
Anterix Inc. (ATEX):
Anterix Inc. was established in 2004 and is led by a senior management team with a good record. The company’s chairman Brian McAuley and CEO Morgan O’Brien are the co-founders of Nextel Communications. They have more than 60 years of combined experience in telecommunications operations and have successfully developed a regulatory-driven spectrum plan to meet unsatisfied corporate Wireless communication requirements.
In September 2014, pdvWireless acquired Sprint Corporation ‘s 900 MHz spectrum, which has been used to operate Nextel’s iDEN network. Through the acquisition, pdvWireless has become the largest holder of licenses for this frequency band (896-901 / 935-940 MHz) nationwide. Many licensees in this 900 MHz band are key infrastructure entities, such as utilities and energy companies, as well as airlines, major manufacturers, municipal transportation, and entities that provide professional mobile radio (SMR) license commercial services.
In order to improve spectrum efficiency and enable critical infrastructure industries to use next-generation broadband services, PDV and Enterprise Wireless Alliance (EWA) submitted a rulemaking application to the Federal Communications Commission (FCC) on November 17, 2014. The Federal Communications Commission An announcement was published on November 26, 2014.
In August 2017, the Federal Communications Commission issued a joint petition with pdvWireless and a notice of investigation (NOI) related to other proposals involving the 900MHz frequency band. In the NOI, the Federal Communications Commission announced that it has begun to consider whether it is in the public interest to change the existing rules governing the 900 MHz frequency band in order to increase spectrum access, improve spectrum efficiency and expand the flexibility of various frequency bands. Potential uses and applications, including broadband and other advanced technologies and services.
Anterix Inc. (ATEX) product and service:
Anterix provides TeamConnect service, which combines pdvConnect, a set of proprietary mobile communication and workforce management applications, and digital network architecture and mobile devices provided by Motorola Solutions, Inc.
Anterix’s mobile communication and workforce management solutions enable companies to locate and communicate with field workers, and enhance the recording of work incidents and work status.
Anterix, Inc. mainly sells its TeamConnect services to customers indirectly through third-party distributors, and provides sales, marketing and advertising support through its internal sales and marketing teams.