Anterix's Catalyx offering is a private broadband solution targeting utility companies that need licensed, interference-free 900 MHz spectrum for grid modernization and operational communications. Demand for Catalyx more than doubled according to fiscal 2026 results, reflecting accelerating utility sector interest in private LTE networks. Unlike shared public spectrum, Anterix's licensed 900 MHz band provides utilities with dedicated connectivity critical for smart grid and SCADA applications. The strong demand trajectory positions Anterix as a key infrastructure play in the utility digitization theme.