EdR Buys 10% Stake in Elauwit Networks

EdR

announced it was providing additional details on its previously communicated purchase of a 10% interest in Elauwit Networks — an industry-leading provider of Internet access, high-definition video and telephone service. While the initial investment for this minority interest was nominal for EdR, it provides a variety of potential benefits including reduced network operating costs along with opportunities to create innovative enhancements and generate ancillary income. “Our equity investment in Elauwit will secure reliable and superior technology services for the No. 1 amenity desired by our residents, whose internet and bandwidth consumption grows every day,” said