Elauwit Surges with 59K New Units | Business and Finance News

episode

Business News Today | 2 Min News | The Daily News Now! not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Business News Today | 2 Min News | The Daily News Now!

Japanese Capsule Hotels: Budget Solution for London Hybrid Workers 1 min · 20 Dec 2025

Russia's War Economy: Sustainable or Unsustainable? 2 min · 20 Dec 2025

All episodes from Business News Today | 2 Min News | The Daily News Now! →

Report any issue

Source

Recorded19 Aug 2026

Publisherfeeds.acast.com ↗

Handlerec:20059519

Show notes

Elauwit is exploding with growth, signing nearly 5,900 new units across 21 properties in Q2 alone — a 16% quarter-over-quarter and 33% year-over-year surge. With over 10,000 units under contract so far this year, they’re on track to hit 50,000 by year-end, a 46% annualized leap. Their broadband-as-a-service model turns internet into a lease staple, creating a win-win-win for residents, landlords, and the company itself. Though revenue dipped slightly due to construction timing, activated and billed units soared 94% and 163% YoY, signaling robust pipeline strength. They’re boosting efficiency with AI and BI tools, sharpening their sales focus on high-density markets, and locking in verbal commitments that fuel future growth. With a $38M backlog and confidence in stronger H2 results, Elauwit is building a durable, industry-leading business. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f387e6151216c6ab

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.