Anterix Pivots to Solutions Leader with New CPO, COO Departs

WOODLAND PARK, N.J. – January 07, 2026 – Anterix Inc. today signaled a significant strategic evolution, moving decisively beyond its role as a spectrum holder to become a comprehensive solutions provider for the critical utility sector. The company announced the appointment of Ross Spero as its first Chief Product Officer, a move paired with the departure of Chief Operating Officer Ryan Gerbrandt, signaling a major leadership realignment focused on product-led growth and accelerated deployment.

This dual announcement underscores a pivotal moment for the NASDAQ-listed firm, which aims to shorten the time it takes for utilities to deploy private wireless networks and realize tangible value from grid modernization efforts.

A Strategic Pivot 'Beyond Spectrum'

For years, Anterix has been known as the nation's leading holder of 900 MHz licensed spectrum, a valuable asset for utilities seeking to build private, secure, and resilient communication networks. However, the company is now aggressively expanding its mission. The new strategy, described as moving "beyond spectrum," focuses on creating a complete ecosystem of products and services that help utilities navigate the complex journey from network planning to full-scale operational deployment.

This shift addresses a critical need in the market. While utilities recognize the necessity of private broadband for modernizing their grids, the path to implementation can be fraught with challenges, including complex integrations, deployment delays, and high upfront costs. Anterix aims to bridge this gap by offering a more holistic partnership.

"Connectivity is the foundational infrastructure for grid modernization, and our customers are clear about what matters next: speed to deployment and speed to value," said Scott Lang, President and Chief Executive Officer of Anterix, in a statement. The company's enhanced focus is on delivering repeatable outcomes at scale for the seven utilities it currently supports, whose collective footprint is equivalent to the fourth-largest wireless network in the United States.

New Leadership for a New Era

The appointment of Ross Spero as Chief Product Officer is the cornerstone of this strategic pivot. Spero will be responsible for the entire product lifecycle, from development strategy and operations to the commercialization of the Anterix Active Ecosystem (AAE), a network of over 125 technology partners. His background appears tailor-made for Anterix's new ambitions. Most recently, as Vice President at TPx Communications, he led portfolio transformations and commercialization programs that drove recurring revenue growth in connectivity and managed services.

Lang emphasized Spero’s qualifications, stating, "Ross is a proven product and commercial leader with deep experience building and scaling portfolios, driving recurring revenue growth, and turning strategy into adoption. His leadership will accelerate our product roadmap beyond spectrum, sharpen deployment execution, and expand the impact of the Anterix Active Ecosystem."

Spero’s role is to translate Anterix's strategic vision into tangible products that solve real-world problems for utilities. "Our customers have a true partner at the table who can help turn future plans into real-world outcomes," Spero stated. "As the market leader, we’re bridging that gap by simplifying the path from strategy to deployment, and from deployment to measurable gains in reliability, resilience, security, and performance."

Concurrent with Spero's hiring, Anterix announced that Chief Operating Officer Ryan Gerbrandt is leaving the company after five years. The COO role is being eliminated as part of an internal reorganization, a move that strongly suggests a streamlining of operations to align directly with the new product-centric focus under Spero's leadership. This shake-up consolidates a clear message to the market: Anterix is retooling its executive team to prioritize product innovation and market execution above all else.

From Strategy to Solutions: TowerX™ and CatalyX®

Anterix is backing its strategic shift with concrete new offerings designed to tackle major hurdles in private network deployment. The company recently launched two key solutions, TowerX™ and CatalyX®, which represent a potential annual market opportunity of approximately $1 billion.

TowerX™, developed in partnership with infrastructure giant Crown Castle, is a turnkey tower service. It addresses one of the most significant bottlenecks for utilities: securing and preparing tower sites for private LTE equipment. By providing access to a pre-qualified portfolio of over 40,000 tower sites and standardizing the site-development process, TowerX™ is designed to help utilities control costs, minimize project delays, and get their networks operational faster.

CatalyX® is the first commercial solution to emerge from the Anterix Active Ecosystem Platform. It functions as a turnkey connectivity management solution that allows utilities to begin using devices immediately, even before their private network is fully built. By leveraging secure roaming on commercial broadband networks, CatalyX® provides an immediate connectivity bridge, ensures coverage in hard-to-reach areas, and offers a backup path for enhanced resilience. The platform, which integrates advanced SIM/eSIM technology, allows utilities to manage all their devices from a single cloud dashboard, simplifying operations and reducing costs associated with manual updates and truck rolls.

These products demonstrate a clear transition from providing a raw asset—spectrum—to delivering integrated solutions that directly solve customer pain points and accelerate their digital transformation journey.

Navigating the Critical Infrastructure Market

Anterix's strategic pivot is well-timed. Utilities across the nation are facing immense pressure to modernize an aging grid, bolster cybersecurity defenses against increasing threats, and integrate a growing number of Distributed Energy Resources (DERs) like solar and wind power. Private wireless networks are seen as a critical enabling technology for this transformation, offering the control, security, and low-latency performance that public networks cannot guarantee.

By building out a solutions portfolio on top of its exclusive 900 MHz spectrum, Anterix is positioning itself not just as a vendor but as a central player in the future of the nation's power grid. The company's financial position appears solid enough to support this ambitious undertaking. Despite a recent revenue miss, Anterix reported having approximately $39 million in cash and no debt as of its last quarterly report, with over $100 million in contracted proceeds yet to be received.

With a "Strong Buy" consensus from several market analysts and a clear, well-funded strategy, Anterix is making a calculated bet that its future lies in becoming an indispensable technology partner for critical infrastructure. The recent leadership changes and product launches are the first major steps in turning that long-term vision into a near-term reality, connecting and securing every device that powers the modern grid.