Anterix Inc.

Good day, and thank you for standing by. Welcome to Enteric's fiscal fourth quarter 2025 earnings conference call. At this time, all participants are on a listen-only mode. After the speaker's presentation, there'll be a question and answer session. To ask a question during the session, you will need to press star one one on your telephone. You will then hear an automated message advising your hand is raised. Please note that today's conference may be recorded. I will now hand the conference over to your first speaker host, Natasha Vaccarelli, please go ahead.

Thank you, Operator, and good morning, everyone. I'm Natasha Vaccarelli, Vice President of Investor Relations and Corporate Communications. Welcome to our Fiscal 25 Fourth Quarter Investor Update Call. Joining me today are Scott Lang, President and CEO, Tim Gray, CFO, Chris Gutman-McCabe, Chief Regulatory and Communications Officer, and Ryan Gerbrandt, COO. Before we begin, please note that today's discussion may include forward-looking statements regarding our outlook, operations, and expected performance. These are based on current assumptions and subject to risks and uncertainties. We do not undertake any obligation to update forward-looking statements. We encourage you to review our SEC filings, including Forms 10-K and 10-Q, for a detailed discussion of these risks. which are available on our website. With that, I'll turn the call over to Scott.

Good morning, everyone. I am excited to give you a brief update on the progress we have made since our last earnings call, where we announced three important initiatives to drive growth for Antarex that will return value to our shareholders, our employees, and deliver great benefits to our customers. First, we committed to focus on optimizing our cost structure and streamlining our operations. We are already seeing these benefits that Tim will cover in detail shortly. Second, we launched Antarex Accelerator, designed to test the correlation between price and action in the industry. We are very pleased with how this initiative has ramped up during the quarter As of today, we are oversubscribed with utilities that are in active discussions and negotiations for the $250 million of spectrum we made available as part of the program. What we are seeing is clear. The demand for 900 megahertz LTE continues to be strong. And finally, the strategic review process that Morgan Stanley is leading has been active and continues. We entered it from a position of strength with zero debt, nearly $150 million in outstanding contracted proceeds, a $3 billion pipeline, a proven deployment model, and a disciplined cost structure. we have no predetermined outcome, particularly at our current market cap. This initiative continues, and we will keep you updated as appropriate. Before I introduce Chris to give us an update on the FCC process, I want to address a question that we've been asked about other spectrum choices that may become available to the utility industry. One of those that might be more well-known is at 800 megahertz. We are confident that our economics along with our market leadership of actual deployments and our long-term commitment to the industry will continue to be the utilities preferred choice. To reinforce this, our current three by three offering is being deployed at scale and is already delivering the robust and powerful bandwidth that utilities need to meet today's demands and support virtually any use case well into the future. But as we have said before, we are not standing still. We are pushing forward. Our momentum toward a five by five future is accelerating, unlocking even greater potential for the digital grid. We are in a strong position as the market leader. We will continue to be aggressive to drive value for this company, and I am excited for our future. With that, I will hand it over to Chris.