So far, Helium (HNT) has focused on creating a network for the Internet of Things (IoT). According to the self-description, almost 1 million hotspots have been created since 2019, which are paid for their service in HNT. IoT devices can send and receive data over the network. Since August 2022, 5G has also been supported in the Helium network, which enables higher data rates and thus also telephone calls and mobile Internet.
Nova Labs as the crypto company behind Helium (HNT) has agreed to cooperate with T-Mobile in the USA. The aim is to improve the mobile 5G network with privately operated nodes.
Quick Summary
In the USA, an exciting project called Helium Mobile is in the starting blocks. According to the press release, Nova Labs, the crypto company behind Helium (HNT), is cooperating with the US subsidiary of T-Mobile. Helium Mobile is designed as a 5G network that accesses both the infrastructure of T-Mobile and a decentralized network for 5G that is currently being set up. The official launch of Helium Mobile has been announced for the first quarter of 2023.
T-Mobile and Nova Labs have initially agreed on a five-year exclusive collaboration for Helium Mobile. Prospective Helium Mobile customers can purchase monthly subscriptions from $5 upwards and then use T-Mobile's 5G network in the US and Helium's 5G network.
Switching between the networks should take place in the background and work with standard smartphones. T-Mobile hopes the deal will improve nationwide mobile phone coverage and save on its own infrastructure expansion. If you use Helium Mobile with your smartphone, you can also earn MOBILE by allowing data on online behavior to be released anonymously for analysis purposes. Nova Labs is also in talks with cell phone manufacturers to launch models optimized for Helium Mobile.
Just WOW!
By the way, I do not own any HNT yet, but I might buy some in the future.
