CONX Corp.
OOTC:CNXX6.00
USD
+0.44
(+7.91%)
ISIN
US2128731039
CUSIP
212873103
Return %
Stock
S&P 500
1Y
158.62
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
USD
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in mil. unless spec.Working Capital
USD
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in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
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in mil. unless spec.Quarterly Dividends Per Share
USD
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in mil. unless spec.Company Description
- CEO
- Kyle Jason Kiser
- Full Time Employees
- 13
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- 5701 South Santa Fe Drive Littleton CO United States 80120
- IPO Date
- Oct 3, 2020
- Website
- conxcorp.com
- Similar Companies
- Business
- CONX Corp. (CNXX) operates as a diversified holding company focused on investments in next-generation communications and connectivity infrastructure; it partners with emerging technology firms featuring scalable, differentiated business models in the technology, telecommunications, and real estate sectors. The company provides spectrum-sharing technologies and services through its majority-owned subsidiary RED Technologies SAS, including scalable cloud-based Spectrum Access System (SAS) solutions for Citizens Broadband Radio Service (CBRS) and Television White Space (TVWS); operated 5G connectivity platforms that enable private networks and rural broadband deployment; and advanced features such as GAA coexistence, Network Planner tools, and AI-based CBRS analytics. Incorporated in 2020 and headquartered at 5701 South Santa Fe Drive in Littleton, Colorado, CONX targets operators, enterprises, and stakeholders across the United States and Europe, with RED Technologies maintaining operations from Paris, France. In December 2024, CONX completed the acquisition of approximately 68% of RED Technologies SAS for a maximum of EUR 18.6 million in cash through its subsidiary RED Tech US LLC, with remaining shares contingent on future milestones; this transaction positions CONX as a challenger to the CBRS SAS duopoly and supports expansion of RED's 5G and spectrum innovations internationally. RED Technologies' co-founders, CEO Pierre-Jean Muller and COO Michael Abitbol, continue to lead operations, while CONX appointed telecom veteran Marc Rouanne, former DISH Wireless Chief Network Officer and Nokia executive, to RED's board to drive strategic growth. Previously a special purpose acquisition company (SPAC) without significant operations, CONX shifted to an active operating model via this deal, launching a warrant buyback program to enhance shareholder value amid its focus on wireless communications and infrastructure assets.
Company News
MobileX Secures Strategic Investment from CONX to Fuel Next Phase of Growth
CONX Corp. Announces Acquisition of Red Technologies SAS