The operator of a decentralized wireless network, World Mobile, has said that it has obtained licensed spectrum in the United States. In the company’s effort to provide dependable and inexpensive internet connectivity to underserved parts of the United States, this strategic initiative represents a critical turning point.
World Mobile’s aspirations for US growth are well-supported by the acquisition of up to 20MHz of spectrum in the states of California, New Mexico, Nevada, and Utah. The company’s decentralized hybrid-connection solution, which integrates blockchain technology with aerial and terrestrial infrastructure to deliver connectivity at a cost many times cheaper than conventional mobile network providers, will be made possible thanks in large part to the spectrum.
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.”
Securing licensed spectrum by World Mobile is in line with the US government’s strategy to facilitate nationwide connectivity. A $42 billion high-speed internet project, recently unveiled by President Biden, promises to increase broadband access in low-income and rural regions while also fostering market competition and affordability.
The funds have been formally dispersed by the Commerce Department, which awarded grants at the State level ranging from around $27 million to more than $3.3 billion, mostly depending on local needs.
After a successful commercial debut in Tanzania and field testing in Kenya, Nigeria, and Mozambique, World Mobile hopes to roll out its service in the US later this year. Manoj Kohli, formerly the national head of Softbank India and the CEO of Bharti Airtel, was recently hired by the firm, which has resulted in a boost to the company’s leadership team. Kohli brings more than 40 years of expertise in the telecommunications industry to the table.