Anterix (ATEX) said Tuesday it supports SpaceX's (SPCX) proposal to the US Federal Communications Commission regarding the buildout requirements for low-band spectrums.
SpaceX urged in a Monday ex-parte letter to the agency to allow technology-neutral buildout options for 5/5 megahertz broadband licenses in the 896 MHz to 901 MHz or 935 MHz to 940 MHz band via the existing regulatory terrestrial buildout requirements, according to the company.
Anterix concurred with SpaceX that optionality in buildout options could help bring this spectrum to market faster, according to a statement.
Price: $95.17, Change: $+2.38, Percent Change: +2.56%