London, England, July 13th, 2023, Chainwire
Decentralized wireless network operator World Mobile has secured licensed spectrum in the United States of America. This strategic move marks a significant milestone in the company’s mission to bring reliable and affordable internet access to under-connected areas of the United States.
World Mobile has secured up to 20MHz of spectrum across California, New Mexico, Nevada, and Utah, providing a solid foundation for World Mobile’s US expansion plans. The spectrum will play a pivotal role in enabling the company’s decentralized hybrid-connectivity solution, which combines blockchain technology with aerial and terrestrial infrastructure to provide connectivity at a cost multiple lower than traditional mobile network operators.
World Mobile CEO Micky Watkins said: “By securing licensed spectrum, we are signaling our intent to revolutionize the connectivity landscape in the United States. Securing spectrum strengthens our position to deploy our network and support a profitable sharing economy. We believe in harnessing the collective power of individuals and communities to create a more inclusive and connected world.”
World Mobile securing licensed spectrum aligns with the US government’s plan to support connectivity nationwide. President Biden recently announced a $42 billion high-speed internet initiative, which aims to expand broadband access to rural and low-income areas and promote competition and affordability in the market.
The Commerce Department has officially distributed the funding, awarding grants at the State level, ranging from roughly $27 million to more than $3.3 billion, based largely on local needs.
World Mobile plans to deploy its service in the US later this year, following a successful commercial launch in Tanzania and field tests in Kenya, Nigeria, and Mozambique. The company has recently been bolstered by the appointment of ex-Softbank India country head and Bharti Airtel CEO Manoj Kohli, who brings over 40 years of telecom experience to the leadership team.
About World Mobile
World Mobile was founded with a far-reaching goal: to connect everyone, everywhere while advocating for economic freedom and dignity. Unlike traditional mobile networks, World Mobile is based on blockchain and incentivizes people to be part of a sharing economy that taps into the trillion-dollar global telecom market. Individuals and business owners worldwide can operate nodes on its network and bring their community online while earning revenue.
Learn more: https://worldmobile.io/
Dan Edelstein[email protected]