Share this article
Telefónica Partners With Helium to Roll Out Mobile Hotspots in Mexico
Helium's native token is up by 5.71% over the past 24-hours.
Updated Mar 9, 2024, 2:16 a.m. Published Jan 24, 2024, 4:07 p.m.
One of the largest telecommunication services provider. Telefónica (TEF), is rolling out mobile hotspots in Mexico City and Oaxaca in partnership with Nova Labs, which is built atop the Helium blockchain.
Telefónica customers will be able to tap into Helium's mobile hotspots with the intention of improving mobile coverage using data sharing, according to a Helium blog post. The publicly traded telecom giant, with more than $20 billion market cap, has 383 million customers and operates in Europe and Latin America.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
"This program in Mexico is critical to evaluate performance and customer satisfaction of this solution and its associated costs," said José Juan Haro, chief wholesale and public affairs officer at Telefónica.
Helium's native HNT token is up by 5.71% over the past 24-hours, although the rise occurred before the news was released, according to CoinDesk data.
In 2021, Helium partnered with internet giant Dish as it built out its 5G network, which now has almost one million hotspots across 65,000 cities and 170 countries.
The partnership with Telefónica will also enable offloading of mobile data to the Helium Mobile Network, which is hoped to improve network coverage for customers, according to the blog post.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Tom Lee urges BitMine shareholders to approve share increase ahead of January 14 vote
The chairman of the former bitcoin miner-turned-ether treasury firm reiterated his view that Ethereum is the future of finance.
What to know:
- Tom Lee, chairman of Bitmine Immersion (BMNR), urged shareholders to approve an increase in the company's authorized share count from 500 million to 50 billion.
- Lee assured shareholders that the increase is not intended to dilute shares, but instead to enable capital raising, dealmaking, and future share splits.
- Shareholders have until January 14 to vote on the proposal, with the annual meeting scheduled for January 15 in Las Vegas.
Top Stories
