Anterix signed four new utility spectrum customers in fiscal year 2026, expanding its customer base beyond early adopters and signaling that 900 MHz private broadband is gaining mainstream utility sector acceptance. Each new customer typically represents a multi-year spectrum licensing agreement, contributing to the company's long-duration recurring revenue model. The growing customer count also validates the Catalyx platform as an enterprise-grade solution rather than a niche trial product. With the utility grid modernization cycle still in early stages, Anterix's pipeline of potential new utility customers remains a key metric for investors to monitor.