Company Overview - Elauwit Connection is a managed service provider that focuses on the conventional multifamily housing sector, having previously operated in the student housing space from 2012 to 2018 [2][3] - The company was initially sold to Boingo Wireless for a total combined value of $43 million, after which the original team regrouped to pursue their business plan independently [2] Business Strategy - The shift from student housing to conventional multifamily is driven by the potential for Net Operating Income (NOI) improvement, as opposed to the margin compression experienced in student housing due to Internet service being a cost of goods sold [3] - The company aims to leverage its past experience and expertise to capitalize on opportunities in the multifamily sector [3]