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Anterix Gains Traction as Digi International Launches New Router Supporting 900 MHz Private LTE Spectrum

Anterix Inc. (NASDAQ:ATEX) is one of the best telecom stocks to buy according to Wall Street analysts. On June 23, Digi International Inc. (NASDAQ:DGII) announced the market launch of the Digi IX30-0EG4. The edge computing industrial IoT cellular router solution has achieved the “Anterix Active” designation, which signifies its full support for Anterix’s nationwide 900 MHz private LTE spectrum.

The Digi IX30-0EG4 is engineered for hazardous and mission-critical applications within both public and private LTE networks. It is tailored for energy and utilities applications. The router is C1D2 and NEMA TS2-rated, which ensures secure and reliable connectivity for industrial assets even in challenging environments.

A technician working on an aerial view of a critical infrastructure, emphasizing the importance of the company’s utility services.

Anterix is the largest holder of licensed spectrum in the 900 MHz band across the contiguous US, as well as Alaska, Hawaii, and Puerto Rico. The low-band spectrum is particularly well-suited for wide-area coverage, deep penetration through obstacles, and consistent performance over vast and difficult terrains. The Digi IX30-0EG4 is fully integrated with Digi Remote Manager (Digi RM) and powered by Digi Accelerated Linux (DAL OS).

Anterix Inc. (NASDAQ:ATEX) is a wireless communications company that commercializes its spectrum assets for targeted utility and critical infrastructure customers to deploy private broadband networks and broadband solutions. Digi International Inc. (NASDAQ:DGII) provides business and mission-critical IoT connectivity products, services, and solutions.

While we acknowledge the potential of ATEX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

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  • 140 Metas
  • 84 Googles
  • 65 Microsofts
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  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
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