Ahead of US Expansion, World Mobile Announces Licensed Spectrum

FinanceFeeds Editorial Team

World Mobile, a decentralized wireless network operator, has announced that it has acquired licensed spectrum in the United States of America. This is a major step in the company’s vision to provide fast and affordable internet access to underserved areas of the United States.

World Mobile

World Mobile has obtained up to 20MHz of spectrum in the states of California, New Mexico, Nevada, and Utah, which gives a strong basis for World Mobile’s US growth plans. The spectrum will be crucial for enabling the company’s decentralized hybrid-connectivity solution, which uses blockchain technology and aerial and terrestrial infrastructure to offer connectivity at a much lower cost than traditional mobile network operators.

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..”

World Mobile acquiring licensed spectrum is in line with the US government’s plan to support connectivity across the country. President Biden recently announced a $42 billion high-speed internet initiative, which aims to extend broadband access to rural and low-income areas, as well as to foster competition and affordability in the market.

The Commerce Department has officially allocated the funding, giving grants at the State level, ranging from about $27 million to over $3.3 billion, based mainly on local needs.

World Mobile plans to launch its service in the US later this year, after a successful commercial launch in Tanzania, and field tests in Kenya, Nigeria, and Mozambique. The company has recently been strengthened by the appointment of ex-Softbank India country head and Bharti Airtel CEO, Manoj Kohli, who brings over 40 years of telecom experience to the leadership team.

World Mobile was established with an ambitious goal: to connect everyone, everywhere while promoting economic freedom and dignity. Unlike traditional mobile networks, World Mobile is based on blockchain and encourages 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 run nodes on its network and bring their community online while earning revenue.

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