Decentralized wireless network operator World Mobile announced on Thursday, July 13th, that it has secured licensed spectrum in the United States of America.
In a press release shared with Cryptowisser, the team said 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 revealed that it had secured up to 20MHz of spectrum across the states of California, New Mexico, Nevada and Utah, providing a solid foundation for World Mobile’s US expansion plans.
The spectrum will be crucial in enabling the company’s decentralized hybrid-connectivity solution, which combines blockchain technology with aerial and terrestrial infrastructure to provide connectivity at a cost multiples lower than traditional mobile network operators.
While commenting on this latest development, World Mobile CEO Micky Watkins stated that:
“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.”
The company’s licensed spectrum aligns with the US government’s plan to support connectivity across the country.
US President Joe Biden recently announced a $42 billion high-speed internet initiative. The initiative is designed to expand broadband access to rural and low-income areas, as well as to promote competition and affordability in the market.
World Mobile revealed that it intends 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.
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 around the world can operate nodes on its network and bring their communities online while earning revenue.