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Nova Labs Signs Agreement with T-Mobile and Plans to Launch Helium Mobile, the World's First Crypto-Powered Mobile Service

By: WebWire

New York, NY Sept. 20, 2022 — Nova Labs today announced that the company executed an exclusive multi-year agreement with T-Mobile, America's 5G leader. The announcement comes as Nova Labs plans to launch Helium Mobile, the world's first crypto-powered mobile service that will enable subscribers to earn crypto rewards for using the network while saving money. This industry-first Mobile Virtual Network Operator (MVNO) collaboration with T-Mobile enables users of Helium Mobile to access both the local Helium 5G network created by the people, as well as the T-Mobile 5G network.

“Nova Labs is committed to building out a decentralized network. Our new agreement with T-Mobile gives our subscribers nationwide 5G coverage and enables us to offer mobile products and services that use both networks,” said Amir Haleem, CEO of Nova Labs and founder of Helium. “5G infrastructure can be accessible to anyone at a much faster pace by enabling the community to help build and use the Helium network, especially in hard-to-reach places.”

“We believe Helium Mobile is pursuing a very nascent and exciting market segment,” said Dan Thygesen, Senior Vice President of T-Mobile Wholesale and head of T-Mobile's growing wholesale business. “T-Mobile is excited to support Nova Labs' innovation in this new crypto-powered space by enabling their mobility on the nation's largest, fastest, and most reliable nationwide 5G network.”

Through the Nova Labs service, Helium Mobile subscribers can opt-in to earn MOBILE token rewards for sharing data about coverage quality and helping identify Helium dead spot locations nationwide and save money on cellular data plans. While Helium Mobile is centered in a bring your own device (BYOD) market, Nova Labs is partnering with select cell phone manufacturers on specialized, crypto-friendly cell phone devices that will be more efficient at validating network coverage, earning more MOBILE token rewards for their users when compared to generic, BYOD phones. Commercial service is expected to launch into beta in Q1 2023 and will provide U.S. nationwide 5G coverage.

The Helium network is known as the fastest-growing decentralized wireless network providing open-sourced coverage worldwide, made up of a growing community of people who deploy wireless devices powered by crypto. Since the Network's 2019 launch to support the Internet of Things (IoT), 900,000+ hotspots using Helium Long Fi have been deployed around the world, with an astonishing 1,000 units added daily.

There are currently over 2,500 active Helium hotspots with 5G in 889 US cities since launching in August 2022. Those interested in participating can sign up for the Helium Mobile waitlist at hellohelium.com.

5G: Capable device required; coverage not available in some areas; see T-Mobile.com. Fastest: Based on median, overall combined 5G speeds according to analysis by Ookla® of Speedtest Intelligence® data 5G download speeds for Q2 2022. Ookla trademarks used under license and reprinted with permission. Most Reliable: According to an audit report conducted by independent third-party umlaut containing crowdsourced data for user experience including task completion collected from November 2021 to May 2022. Full details at: www.umlaut.com/en/benchmarking/USA.

About Nova Labs

Nova Labs (formerly Helium Inc.) is the pioneer of decentralized wireless communications and founder of the core technologies powering the Helium Network. The Helium Network provides public, long-range wireless coverage for a wide range of 5G and Internet of Things (IoT) devices. Available in 163 countries worldwide, Helium Hotspots enable people to own and operate their own wireless network, building “The People's Network” that connects 5G and IoT devices. More information can be found at nova.xyz

Media Contact

Maggie Philbin

VSC for Nova Labs

press@novalabs.com

— WebWireID294475 —


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