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Cryptocurrency News Articles

Helium Mobile Launches Unmatched Group Cell Plans, Unleashing Affordable Connectivity

May 03, 2024 at 12:04 am

Helium Mobile, powered by Helium Network, introduces group plans with unlimited services for $20 per user in the US. These plans include unlimited calls, text, and data per line, with groups up to eight people eligible. Helium Network incentivizes network building and maintenance with HNT tokens, which can be used to pay Helium Mobile bills. Helium Mobile's expansion aims to challenge traditional mobile carriers and offer affordable wireless services.

Helium Mobile Launches Unmatched Group Cell Plans, Unleashing Affordable Connectivity

Helium Mobile Embarks on Ambitious Expansion with Unbeatable Group Plans

Breaking into the highly competitive U.S. mobile carrier market, Helium Mobile, a wireless telecommunications provider powered by the groundbreaking Helium Network, has unleashed an arsenal of group plans that are set to revolutionize the industry paradigm. These enticing offerings provide groups of up to eight individuals with unlimited calls, text, and data, all for a budget-friendly $20 per user.

Acknowledging the escalating financial burden faced by American families, a recent report by Dexo, an online billing aggregator, revealed that the average annual expenditure on mobile services hovers around $1,300. Recognizing this pain point, Helium Mobile's group plans distribute data costs equitably among members based on usage, fostering a sense of shared responsibility.

"The majority of Americans rely on multi-line wireless plans," stated Helium Mobile. "However, the dominant carriers in this space have a history of imposing excessive fees on group subscribers."

Powering the Revolution with Decentralized Infrastructure

At the heart of Helium Mobile's innovative approach lies Helium Network, a pioneering decentralized physical infrastructure (DePIN) project. This visionary initiative incentivizes users to establish and maintain mobile networks by rewarding them with HNT tokens. These tokens serve not only as a form of compensation but also as a means of settling user bills.

In December, Helium Mobile took its nationwide expansion to new heights, partnering with T-Mobile to offer a nationwide unlimited plan for a nominal $20, with data speeds decreasing after 30 GB of usage.

Surging Subscription Numbers and Token Value

The Helium Network's unwavering commitment to innovation and accessibility has resulted in a remarkable 62,463 subscribers signing up for its unlimited plans since the beginning of 2024, as reported by Arman Dezfuli-Arjomandi of the Helium Foundation on Twitter.

Mirroring this surge in popularity, HNT tokens have witnessed a significant 5% increase in value over the past 24 hours, currently trading at $5.38. Boasting a market capitalization of $886 million, HNT stands tall as the 101st largest cryptocurrency globally.

Unlimited Possibilities, Limitless Savings

Helium Mobile's group plans represent an unparalleled opportunity for individuals and families to reap the benefits of unlimited connectivity without sacrificing their financial well-being. The decentralized infrastructure model empowers users to take control of their mobile experience, breaking free from the constraints and exorbitant fees imposed by traditional carriers. As Helium Mobile continues its rapid expansion, it is poised to disrupt the status quo, delivering affordable, reliable, and truly unlimited wireless services to a vast and underserved market.

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Other articles published on Jan 10, 2025