Benzinga | May 27, 2021 07:09AM EDT

Anterix, Nokia Announce Agreement To Offer Private LTE Over Low-band, Dedicated Spectrum; Financial Terms Not Disclosed

Anterix (NASDAQ:ATEX) and Nokia (NYSE:NOK) today announced an agreement designed to accelerate the deployment of 900 MHz private LTE across the U.S. utility sector. The companies will work together to combine Anterix's "beach-front" 900 MHz spectrum with Nokia's industrial-grade private LTE/4.9G wireless infrastructure so that utility companies can more easily deploy private LTE solutions that support advanced communications for modernizing their grids. Nokia is also a charter member of the recently announced Anterix Active Ecosystem Program that brings together technology innovators to support Anterix customers deploying and operating private LTE on 900 MHz.