Helium Mobile, the mobile service provider built on the decentralized, crypto-powered Helium network, has been acquired by Noble Mobile, the affordability-focused telecommunications company of former presidential candidate Andrew Yang.
“We were drawn to Noble Mobile because of a deep alignment in values, vision, and the people leading the organization,” Helium Mobile COO Frank Mong told Decrypt.
“Our subscribers deserve a home that shares our conviction that connectivity should be affordable and accessible to everyone,” he added. “Noble Mobile embodies that, and it gave us confidence that our subscribers would be in the right hands long-term.”
It's this opportunity that is most pressing for Nova Labs, the firm that founded the Helium network and launched the Helium Mobile service.
“Our network business is the largest opportunity in front of us,” said Mong. “We've recently onboarded major U.S. carriers to offload traffic at scale and the Helium network now serves millions of users daily. To capture this momentum, we needed to find Helium Mobile the right steward while our team focuses on accelerating network expansion.”
