Telecom network is equally benefited by financially small businesses and telecommunications corporations, according to Frank Mong, Chief Operating Officer (COO) of Nova Labs, the founder team behind the helium wireless decentralized physical infrastructure (depin) network.
In an interview with cointelegraph in unanimous 2025 in Toronto, Canada, Mong said that small businesses, including bar, restaurant, convenience store and other local operators, can generate revenue by hosting wireless hotspots and expanding network coverage.
Large telecom companies and service providers can also tap in the telemetry of the helium network to reduce operating costs and expand network coverage in dead areas.
“It costs about $ 300,000 for a telecom company to erect a tower;
“Instead of doing so and to make phone plans more expensive, what if anyone shares and allows any Wi-Fi with a useful Wi-Fi network, not only one to use it safely, but also allows big companies like AT & T to watch the telemetry of that network.”
Decentralized physical infrastructure networks remain an example of how blockchain technologies can provide real -world values and make the existing infrastructure more flexible for outage, disruption, sensorship and significant failure.
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Helium secures collaborative partnership with telecom companies
In January 2024, Nova Labs announced a associate partnership with the Latin American telecom company telephonica to help expand the coverage of the telecom company in the dead zone and reduce the network congestion.
Recently, in April 2025, Helium participated with AT&T – a global telecom giant – AT&T users to allow automated access to the helium network when the coverage of the network’s coverage area of the network of mobile hotspots to allow automated access to the helium network.
data Helium network suggests that the network currently has the highest concentration of 95,272 mobile hotspots in the United States. Additionally, helium has 284,053 active Internet of Things (IOT) hotspots worldwide.
“Finally, what we did in the United States and Mexico should be global,” Mong told the Cointalagraph.
Nova Labs currently focuses on expanding coverage through securing collaborative partnership with telecom infrastructure providers in new areas, said the executive said.
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