No central communications benefit small companies and communications companies – Web3 Exec
The decentralized communication networks of small companies and communications companies alike, according to Frank Mong, the CEO of Operations (COO) at Nova Labs, the founding team behind the decentralized decentralized infrastructure network.
In an interview with Cointelegraph in consensus 2025 in Toronto, Canada, Mong said that small companies including bars, restaurants, shops and other local operators can generate revenues by hosting the wireless hotspots and covering the expanded network.
Large communications companies and service providers can also take advantage of a dimension of the helium network to reduce operating costs and expand network coverage in dead areas.
The CEO added: “It costs about 300,000 dollars for telecommunications company, one tower. You need one for each bloc to work effectively.”
“Instead of doing this and making the phone plans more expensive, what if anyone with a Wi-Fi network is useful for that Wi-Fi and allows, not only to use them safely, but large companies such as AT & T are allowed to see the remote measurement for that network.”
Decentralized physical infrastructure networks are still an example of how Blockchain technologies provide value in the real world and make the current infrastructure more flexible in interruptions, turmoil, control and decisive failure.
Related to: Countries should add DePin symbols to their digital asset stocks In January 2024, Nova Labs announced a cooperative partnership with the Telefónica telecom company to expand the coverage of the telecommunications company in dead areas and help reduce network congestion. Recently, in April 2025, Helium has made a partnership with AT & T – Global Communications Giant – to allow AT&T users to automatically access to the helium network when it is within the scope of the network coverage area of the hot phone hotspots. Data From the helium network, which shows that the United States currently has the highest concentration in the 95272 network. In addition, Helium 284,053 has active internet points of things (IOT) around the world. “In the end, what we have done in the United States and Mexico should be the world,” Mong told Cointelegraph. Nova Labs is currently focusing on expanding coverage by securing cooperative partnerships with communications infrastructure providers in new areas. magazine: Most DePin projects hardly use Blockchain: right or wrong?Helium inhibits cooperative partnerships with telecommunications companies