Expanding Mobile Coverage with Helium Hotspots
In a recent development, Nova Labs, the innovative minds behind the Helium Network, have joined forces with Telefónica, the telecommunications giant, to roll out new Helium Mobile Hotspots across select areas in Mexico. This strategic partnership aims to bolster mobile service coverage, providing enhanced connectivity to users in Mexico City and Oaxaca.
Seamless Integration for Movistar Customers
The collaboration introduces a unique offering based on the OpenWifi standard from the Telecom Infra Project. This will allow Movistar customers to conveniently access the Helium Mobile Network by authenticating with their existing Movistar SIM cards. Telefónica will be responsible for monitoring the hotspot status to ensure a secure and smooth data download experience over the Helium Network.
Token Price Soars on Partnership News
The announcement of the partnership has had an immediate impact on the cryptocurrency market, with Helium’s native token, HNT, experiencing a significant surge in value. Prices soared by an impressive 21%, with the token reaching a price point of $7, as indicated by the latest data from CoinGecko.
Helium Network: Empowering the Internet of Things
Since its inception in 2019, the Helium Network has been at the forefront of decentralized wireless technology, offering a blockchain-driven infrastructure that supports Internet of Things (IoT) devices. By encouraging individuals to set up wireless hotspots, the network rewards them with HNT cryptocurrency for contributing to the network’s coverage.
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