Decentralized Wireless Network Operator World Mobile Gains Licensed Spectrum for US Coverage

cryptonews.com:

Decentralized wireless network operator World Mobile has secured licensed spectrum in four US states. 

In a Thursday press release, the company said the licensed spectrum, obtained in states including California, New Mexico, Nevada, and Utah, provides a strong foundation for its expansion plans in the US.

The license allows the company to deploy its decentralized hybrid-connectivity solution, which combines blockchain technology with aerial and terrestrial infrastructure to deliver connectivity at a fraction of the cost compared to traditional mobile network operators, in the country. 

Courtesy of this technology, the company would be able to provide reliable and affordable internet access to under-connected areas across the US.

"By securing licensed spectrum, we are signaling our intent to revolutionize the connectivity landscape in the United States," World Mobile CEO Micky Watkins said in a comment. 

"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 also mentioned that its push into the decentralized wireless network in the US aligns with the government's initiative to enhance connectivity nationwide. 

Specifically, the company noted that President Biden has recently announced a $42 billion high-speed internet program, aiming to expand broadband access to rural and low-income areas while promoting competition and affordability in the market. 

The Commerce Department has already distributed the funding, granting awards at the state level based on local needs.

World Mobile is set to launch its services in the US later this year