The operator of a decentralized wireless network, World Mobile, declared that it obtained licensed spectrum in the United States. This strategic initiative represents a critical turning point in the company’s effort to provide dependable and inexpensive internet connectivity to underserved parts of the United States.
World Mobile’s aspirations for US expansion are well-supported by the acquisition of up to 20MHz spectrum in California, New Mexico, Nevada, and Utah. The company’s decentralized hybrid-connection solution, which integrates blockchain technology with aerial and terrestrial infrastructure to provide connectivity at a cost many times cheaper than traditional mobile network operators, will be made possible thanks largely to the spectrum.
World Mobile CEO Micky Watkins said: “By securing licensed spectrum, we are signalling 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.”
Securing licensed spectrum by World Mobile aligns with the US government’s strategy to facilitate nationwide connectivity. A $42 billion high-speed internet project unveiled by President Biden promises to increase broadband access in low-income and rural areas while fostering market competition and affordability.
The money has been officially dispersed by the Commerce Department, which granted grants at the State level ranging from about $27 million to more than $3.3 billion, mostly depending on local needs.
After a successful commercial launch in Tanzania and field tests in Kenya, Nigeria, and Mozambique, World Mobile hopes to roll out its service in the US later this year. Manoj Kohli, the former CEO of Bharti Airtel and country head for Softbank India, has recently joined the company’s executive team and has over 40 years of telecoms experience.
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- Source: https://zycrypto.com/world-mobile-secures-licensed-spectrum-in-the-united-states-of-america/
