Anterix Subsidiary PDV Spectrum Inks Agreement With Tampa Electric For 900 MHz Spectrum Usage
Portfolio Pulse from Benzinga Newsdesk
Anterix's subsidiary PDV Spectrum has signed an agreement with Tampa Electric to use 900 MHz spectrum. This deal could enhance Tampa Electric's communication capabilities and operational efficiency. The financial terms of the agreement were not disclosed.

November 27, 2023 | 12:08 pm
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Anterix's subsidiary PDV Spectrum's new agreement with Tampa Electric for 900 MHz spectrum usage could lead to increased demand for Anterix's services and potentially improve its financial performance.
The agreement between PDV Spectrum and Tampa Electric is directly related to Anterix's core business of spectrum management and leasing. This partnership could lead to increased utilization of Anterix's spectrum assets, enhancing the company's revenue streams. While the financial details are not disclosed, such agreements are typically positive for the service provider, suggesting a potential short-term positive impact on Anterix's stock price.
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