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A Solana-based (SOL) wi-fi crypto mission is skyrocketing after partnering up with a telecom agency.
In a brand new press release, Nova Labs, the staff behind Helium Cellular (MOBILE), says it’s collaborating with Spanish telecom agency Telefónica to launch cellular hotspots in choose elements of Mexico.
Based on Nova Labs, Helium and Telefónica collectively won’t solely enhance the cell phone community’s service space however will even provide a singular function – the flexibility for customers to entry cellular WiFi utilizing only a cellphone’s SIM card.
“Nova Labs, a pioneer in decentralized wi-fi communication applied sciences, have partnered to launch Helium Cellular Hotspots in Mexico. The answer, applied with choose clients in Mexico Metropolis and Oaxaca, will prolong Telefónica’s protection and allow the offloading of cellular information to the Helium Cellular Community and enhance total cellular protection service for patrons…
Helium Cellular Hotspots are linked to a proprietary administration system developed by Telefónica, which controls its clients’ computerized entry to the Helium Cellular Community for cellular information classes. Telefónica maintains full management of the shopper expertise and displays hotspot standing earlier than permitting entry and downloading information over the Helium Cellular Community.”
As said by Amir Haleem, the chief government of Nova Labs, within the press launch,
“Alongside Telefónica, Nova Labs has solved one of many predominant challenges for telecommunications and pioneered an answer that helps safe information offload that may be applied globally. It is a main development for the telco business and can considerably scale back infrastructure price whereas sustaining high-quality service.”
Information of the collaboration triggered MOBILE to spike, going from a weekly low of $0.0023 to a excessive of $0.0032 in simply two days, a 39% acquire. The digital asset has since retraced and is buying and selling for $0.0029 at time of writing.
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Featured Picture: Shutterstock/Falookii/WindAwake
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