WOODLAND PARK, N.J. and CHICAGO, Might 27, 2021 /PRNewswire/ — Anterix (NASDAQ: ATEX) and Motorola Options (NYSE: MSI) introduced at this time that they’ve entered into an settlement to facilitate the deployment of personal LTE networks by utility firms as a part of the sector’s efforts to modernize the electrical grid. The collaboration follows final 12 months’s announcement of Motorola Solutions’ Private Broadband for Critical Infrastructure platform, and the FCC’s Report & Order enabling the transitioning of the 900 MHz band to broadband. Motorola Options can also be a constitution member of the lately established Anterix Active Ecosystem Program that brings collectively expertise innovators to help Anterix prospects deploying and working personal LTE on 900 MHz.  

“Our low-band, licensed spectrum can present utility firms with the power to deploy a non-public LTE community platform that may ship the superior capabilities wanted in addition to the management crucial as they evolve to a extra superior grid,” stated Anterix Chief Working Officer Ryan Gerbrandt. “By working with Motorola Options to scale back the complexity and value of deploying this personal wi-fi broadband platform, Anterix is giving management again to the utility firms in order that they’ll higher serve their prospects and communities.”

Motorola Options’ 900 MHz LTE broadband infrastructure consists of the LXN 7900 radio entry community and core to offer vital extensive space protection and long-range knowledge communications. The system’s core will be hosted on-premise or within the cloud, and it might probably concurrently management the corporate’s 900 MHz LTE community and its Nitro™ CBRS LTE community. The corporate’s high-power EDG 4200 Smart Gateway allows the seamless alternate of intelligence throughout broadband networks, and its cloud-based interoperability platform, Critical Connect, permits for interoperability with land cell radio (LMR) networks, in addition to service impartial and built-in LTE networks.

“Right this moment’s utilities want safe, high-power and interoperable communications to deal with their end-to-end wants throughout voice, knowledge and video,” stated Scott Schoepel, Vice President, World Enterprise, Motorola Options. “We’re excited to leverage our lengthy historical past within the supply of mission-critical personal networks and up to date collaboration with Anterix to help strong innovation and continued grid modernization.”

In January, Anterix and Motorola Options introduced they’d be aiding Xcel Energy within the analysis of a non-public LTE answer to ship higher grid intelligence, management and safety. The community is being developed by Motorola Options utilizing Anterix’s 900 MHz spectrum and shall be put in at two Xcel Power websites in Minneapolis.

About Anterix

At Anterix, we’re targeted on delivering transformative broadband that permits the modernization of vital infrastructure for the power, transportation, logistics and different sectors of our financial system. As the biggest holder of licensed spectrum within the 900 MHz band, with nationwide protection all through the contiguous United States, Hawaii, Alaska and Puerto Rico, we’re uniquely positioned to allow the personal LTE broadband options that help safe, resilient and customer-controlled operations. 

About Motorola Options

Motorola Options is a worldwide chief in mission-critical communications and analytics. Our applied sciences in land cell radio mission-critical communications, video safety & analytics and command heart software program, bolstered by managed & help companies, make communities safer and assist companies keep productive and safe. At Motorola Options, we’re ushering in a brand new period in public security and safety. Be taught extra at www.motorolasolutions.com.

Ahead-looking Statements
Any statements contained on this press launch that don’t describe historic information are forward-looking statements as outlined below the Federal securities legal guidelines. These forward-looking statements embody statements relating to the advantages to utilities, and the demand by utilities, to deploy personal 900 MHz LTE broadband networks. Any such forward-looking statements are primarily based on the Firm’s present expectations and are topic to a variety of dangers and uncertainties that would trigger its precise future outcomes to vary materially from its present expectations or these implied by the forward-looking statements, together with: (i) the Firm’s settlement with Motorola Options will not be commercially profitable; (ii) the Firm will not be profitable in qualifying for and acquiring broadband licenses on a well timed foundation, or in any respect; (iii) the Firm will not be profitable in commercializing its spectrum property to its focused utility and significant infrastructure prospects; and (iv) the Firm has no working historical past with its proposed marketing strategy, which makes it tough to judge its prospects and future monetary outcomes. These dangers and uncertainties and different components which will have an effect on the Firm’s future outcomes of operations are recognized and described in additional element in its filings with the Securities and Change Fee (the “SEC”), together with its Quarterly Report on Type 10-Q for the fiscal quarter ended December 31, 2020, filed with the SEC on February 8, 2021. You shouldn’t place undue reliance on these forward-looking statements, which communicate solely as of the date of this press launch. Besides as required by relevant legislation, the Firm doesn’t intend to replace any of the forward-looking statements to evolve these statements to precise outcomes, later occasions or circumstances or to replicate the prevalence of unanticipated occasions.

Contacts:

Anterix:

Natasha Vecchiarelli 
Director, Investor Relations & Company Communications
Anterix
973-531-4397
[email protected]
James Fuller
Govt Vice President
Hill+Knowlton Methods
240-393-1369
[email protected]

Motorola Options:

Amy Day
Senior Supervisor, North America Communications
Motorola Options
604-785-5637
[email protected]

SOURCE Anterix Inc.

Associated Hyperlinks

https://www.anterix.com



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