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Elauwit reports 94% rise in activated units and 163% jump in billed units, signaling strong growth in broadband services.

Company Fundamentals
18 Aug 2026
Newsfile Corp
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Bullish
pluang ai news

Elauwit Connection, Inc. reported a 94% increase in activated units and a 163% increase in billed units year-over-year for Q2 2026, driven by signing over 10,000 new units across 37 properties. Despite a 46% revenue decline due to timing of construction projects, the company expects growth in construction and recurring service revenue in the second half of 2026. Elauwit focuses on large multi-property operators and plans to exceed 50,000 contracted units by year-end, aiming for a 46% annual increase. Investments in cost-efficiency and new platforms are expected to improve profitability later this year.

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