Elauwit Connection, Inc. (ELWT) Presents at IAccess Alpha Virtual Best Ideas Spring Investment Conference 2026 Transcript

Unknown Attendee

Good day, and welcome to the IAccess Alpha Virtual Best Ideas Spring Investment Conference 2026. Our next presenting company is Elauwit Connection. [Operator Instructions] I’d now like to turn the floor over to today’s host, Dan McDonough, Founder and Executive Chairman with Elauwit Connection. Please go ahead.

Daniel McDonough
Founder & Executive Chairman

Thanks, a bunch, and thanks, everybody, for being here and being interested in learning about our company Elauwit. I’ll tell you something interesting about this opportunity is that we — this is a second iteration of what we’ve done in the past. We built a small managed service provider from 2012 to 2018 in the student housing space. And in 2018, sold it to Boingo Wireless for a total combined value of $43 million. A bunch of us went to go work for Boingo but Boingo shifted gears and was sold and ended up not wanting to pursue this space.

So we got the band back together. So myself, and Barry Rubens and Taylor Jones were all part of the original team, and we decided to execute on the business plan that we were going to do with Boingo, but just on our own and this time with our focus being on primarily conventional multifamily, not student housing. A big reason for that is because student housing Internet service is a cost of goods sold, so there’s a lot of margin compression, whereas in the conventional multifamily space, it’s an opportunity for NOI improvement. And these are themes I hope to hit on in a little bit more detail as we get through the deck