Decentralized Telecom Networks Boost Small Businesses and Telcos

Frank Mong, COO of Nova Labs and creators of Helium, a decentralized network for wireless infrastructure, explains how this technology benefits both small businesses and telecom companies. 💸 According to him, smaller enterprises can generate revenue by expanding Wi-Fi networks and increasing coverage, while large telecommunications providers can leverage the Helium Network’s telemetry data to reduce costs and extend their reach in dead zones. 🗺️ 🌎 He adds that instead of building expensive towers, Telecom companies could share existing, secure Wi-Fi connections with large players like AT&T for increased efficiency. 🤝