Roth Capital links SpaceX’s $8B low-band deal to ATEX, NN, GOGO
Roth Capital said SpaceX’s reported $8B acquisition of Grain Management’s low-band frequencies could increase low-band spectrum value, potentially benefiting Anterix (ATEX), NextNav (NN) and Gogo (GOGO) amid rising wireless spectrum demand.
Roth Capital said Anterix (ATEX), NextNav (NN) and Gogo (GOGO) could benefit from rising demand for wireless spectrum after SpaceX’s (SPCX) reported $8 billion acquisition of Grain Management’s low-band frequencies. The firm said the deal could lift the value of low-band spectrum.