Jun. 29, 2025 1:41 PM ETAnterix Inc. (ATEX) StockATEXSandeep Nital David494 FollowersSummaryAnterix is leveraging its licensed 900 MHz spectrum to enable the deployment of private LTE broadband networks for utilities across the US.The company has already signed sale and lease agreements with seven utilities, for $390 million in contracted proceeds.The cash from these deals is received upfront compared to the revenue which is recognized ratably over the lease period, which is typically around 20 years.The pipeline of opportunities is currently valued at over $3 billion, with $1 billion in near term opportunities across 18 utilities.Despite its attractive valuation, given its risk profile, I am recommending ATEX stock a speculative Buy.Trevor WilliamsInvestment thesisAnterix (NASDAQ:ATEX) has a market cap of close to half a billion, but remains largely unknown among investors and has low analyst coverage. The company has a unique license asset in the 900 MHz spectrum. Its target customers are fromThis article was written bySandeep Nital David494 FollowersAn individual investor primarily focused on undercovered companies, with more than 50 companies on my watchlist. My areas include technology, software, electronics and the energy transition. I have been investing my personal capital for over 7 years in a broad range of companies globally. Through my years of analyzing countless companies, I have accumulated professional investment experience within my circle of competence. I have a Masters degree in Electrical Engineering and currently work as an automotive battery RnD engineer in Sweden. My write-ups on SA are a good way for me to layout my investment thesis on companies and receive feedback from the broader investing community. I enjoy diligently studying and researching small to mid cap companies which are often researched to a lesser extent by others. Through my analysis of numerous companies, I seek to identify asymmetric investment opportunities with the goal of achieving market beating returns.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments