Elauwit Connection Earns Honorable Mention for Multifamily Partner of the Year at 2026 Broadband Communities Awards

Elauwit also completed a full 12-month SOC 2 Type 2 audit in 2026.

Rhea-AI Summary

Elauwit Connection (ELWT) received Honorable Mention in the Multifamily Partner of the Year category at the 2026 Broadband Communities Awards. The award was presented August 26 at the Broadband Communities Summit in Houston. Elauwit was one of seven finalists.

The recognition covered its managed WiFi service model and relationships with GoldOller, Hanover and Thompson Thrift. Separately, Elauwit ended the second quarter of 2026 with 42,687 contracted units, up 33 percent year over year, and 27,134 activated units, up 94 percent. The company expects to reach 50,000 contracted units by year-end 2026.

4 points · 0 major

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0 major · 0 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointContracted units reached 42,687 at second-quarter 2026 end, up 33 percent year over year.
• Moderate pointActivated units reached 27,134 at second-quarter 2026 end, up 94 percent year over year.
• Moderate point. Forward-looking: it has not happened yet and may not happen.Elauwit expects 50,000 contracted units by year-end 2026.
• Minor pointA full 12-month SOC 2 Type 2 audit was completed in 2026.

Negative

• None.

Key Figures

Resident support calls answered: 87% to 96% in under 30 seconds Thompson Thrift deployment: 4,500+ units across 15+ communities Contracted units: 42,687 units, up 33% year over year +2 more

Resident support calls answered

87% to 96% in under 30 seconds

November 2025 to February 2026

Thompson Thrift deployment

4,500+ units across 15+ communities

Managed WiFi deployment

Contracted units

42,687 units, up 33% year over year

Second quarter of 2026

Activated units

27,134 units, up 94% year over year

Second quarter of 2026

Contracted-unit target

50,000 units

Expected by year-end 2026

Key Terms

net operating income, wi-fi 6, soc 2 type 2

3 terms

net operating income financial

"driving a measurable boost to annual net operating income"

Net operating income is the profit a business makes from its core operations after subtracting the costs directly related to running those operations, but before accounting for taxes, interest, or other expenses. It shows how efficiently a company is generating income from its main activities. Investors use this figure to assess the company's operational performance and profitability.

wi-fi 6 technical

"with Wi-Fi 6 access points delivering gigabit-capable speeds"

Wi‑Fi 6 is the latest mainstream wireless networking standard that makes home and business Wi‑Fi faster, more reliable, and better at handling many connected devices at once. For investors it matters because companies that adopt or enable Wi‑Fi 6 can offer improved customer experiences and support higher device density—think of adding highway lanes and smarter traffic lights to reduce congestion—potentially boosting sales, product value, and network-related revenue.

soc 2 type 2 technical

"completed a full 12-month SOC 2 Type 2 audit in 2026"

SOC 2 Type 2 is an independent audit that verifies a service provider’s operational controls for security, availability, processing integrity, confidentiality and privacy over a sustained period. Think of it as a multi-week inspection that checks not just that security measures exist but that they actually work day to day; for investors, a clean SOC 2 Type 2 report lowers the risk of data breaches, downtime and regulatory problems and signals stronger operational reliability.

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Judges recognized Elauwit's turnkey managed WiFi model, human-answered resident support, and portfolio results with GoldOller, Hanover, and Thompson Thrift

Columbia, South Carolina--(Newsfile Corp. - October 20, 2026) - Elauwit Connection, Inc. (NASDAQ: ELWT) ("Elauwit" or the "Company"), a national managed services provider of turnkey broadband and property-wide WiFi networks serving multifamily, student housing, and senior living communities, today announced it received Honorable Mention in the Multifamily Partner of the Year category at the 2026 Broadband Communities Awards, presented August 26 at the Broadband Communities Summit in Houston, Texas.

The Multifamily Partner of the Year category recognizes companies that help multifamily owners and operators deliver reliable, high-performance connectivity to residents. Elauwit was one of seven finalists selected from a national field of nominees.

Elauwit's submission addressed the multifamily industry's connectivity gap: 82 percent of apartment buildings older than 10 years experience internet connectivity challenges, the average U.S. apartment building is 45 years old, and fewer than 12 percent of multifamily properties had adopted managed WiFi as of 2025. Elauwit exists to close that gap across every property type and every stage of the building lifecycle.

The submission highlighted three owner relationships:

• GoldOller, Woodbridge Apartments. When GoldOller acquired the 450-unit community and needed to compete immediately in a tight market, Elauwit had a full fiber-based network live within 120 days, driving a measurable boost to annual net operating income and stronger resident acquisition.

• Hanover Company, Preston Hollow. At a 200+ unit luxury Class A community in Dallas, Elauwit deployed an end-to-end Cambium Networks ONE Network solution with Wi-Fi 6 access points delivering gigabit-capable speeds to every unit. Connectivity-related support tickets dropped and resident feedback was overwhelmingly positive. "Elauwit and their use of the Cambium's ONE Network helped us provide the level of service our residents expect, without overburdening our operations team," said Bruce Fay, Manager of Information Technology, Hanover Company.

• Thompson Thrift. Starting at new construction, Elauwit is deploying managed WiFi across 4,500+ units in 15+ communities spanning Florida, Georgia, Indiana, and Colorado, standardizing best-in-class connectivity across villa, garden, and mid-rise formats before a single resident moves in.

"This recognition belongs to the people who answer the phone at 2 a.m., the technicians on ladders in August, and the engineers who keep all of our activated units online," said Taylor Jones, President and CTO of Elauwit Connection. "Broadband Communities judges the whole partnership, not just the hardware. Being named alongside the strongest companies in our industry confirms that owners value what we value: a network that works and a human who picks up."

The submission also documented the service model behind those results. Between November 2025 and February 2026, Elauwit answered 87 to 96 percent of resident support calls in under 30 seconds; the Company's standard is that humans answer in under 35 seconds, 24 hours a day, 365 days a year. Elauwit completed a full 12-month SOC 2 Type 2 audit in 2026.

Elauwit's growth since the submission underscores the judges' recognition. In the second quarter of 2026, the Company reported its largest quarter-over-quarter and year-over-year increase in contracted units in company history, ending the quarter with 42,687 contracted units and 27,134 activated units, up 33 percent and 94 percent year over year respectively. The Company expects to reach 50,000 contracted units by year-end 2026.

Broadband Communities is the leading trade publication and event organizer covering broadband deployment in multifamily communities, planned developments, and municipalities across the United States.

About Elauwit Connection (NASDAQ: ELWT)

Elauwit is a publicly traded connectivity MSP dedicated to rental communities, including multifamily properties, student housing, and senior living. Elauwit designs, builds, and operates managed networks, backed by a service model that treats property teams and residents like a relationship, not an account number.

With dependable connections, exceptional resident support, and no-upfront-cost options, Elauwit helps owners deliver premium connectivity as a competitive advantage, supporting new revenue, resident retention and increased asset value.

Visit: www.elauwit.com

Forward-Looking Statements

This press release contains forward-looking statements, including with respect to the Company's future financial results, the Company's growth strategies and pipeline, and its performance as a public company. The words "anticipate," "believe," "can," "expect," "future," "opportunities," "potential," "will," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including market and other conditions and the Company's ability to improve its financial performance and achieve its growth objectives, and other factors set forth in the Company's filings with the SEC, including the Company's Annual Report on Form 10-K filed with the SEC on March 31, 2026 and subsequent quarterly reports on Form 10-Q. Actual results might differ materially from those explicit or implicit in the forward-looking statements. The Company undertakes no obligation to update any such forward-looking statements after the date hereof to conform to actual results or changes in expectations, except as required by law.

Contacts

For Media:
Elauwit Connection Inc.
Katie Hayward, VP RevOps
+1-704-558-3099
sales-pr@elauwit.com

For Investors:
Darrow Associates
Matt Kreps, Managing Director
+1-214-597-8200
mkreps@darrowir.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/319907

FAQ

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What recognition did Elauwit Connection receive at the 2026 Broadband Communities Awards?

Elauwit received Honorable Mention in the Multifamily Partner of the Year category. It was one of seven finalists, and the award was presented August 26 at the Broadband Communities Summit in Houston, Texas.