Helium Is Rapidly Deploying a Global LPWAN Network, Attracting Investment from European Telecom Players
This IDC market note discusses the recent announcement by Nova Labs, the company behind the Helium Network, that it had closed a new round of funding that valued the company at $1.2 billion and included notable European telecom-industry players Deutsche Telekom, Nokia and Liberty Global. The Helium Network is a global LoRaWAN network currently comprising more than 700,000 access points that uses cryptocurrency rewards to incentivize individuals to deploy network coverage.
Please Note: Extended description available upon request.
- Executive Snapshot
- In This Market Note
- IDC's Point of View
- The Success of an Innovative Approach
- The Telecom Industry Left an Opening for Alternatives
- The Telecom Industry's LPWAN Approach
- LoRaWAN Persists
- Helium and LoRaWAN Roaming
- Helium Versus Telcos
- Similarities to Consumer IoT Connectivity Offers from Apple and Amazon
- Telcos Are Hedging Their Bets
- Advice for Telecom Players
- Learn More
- Synopsis
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