Overview
- Noble Mobile announced the acquisition of Helium Mobile on Tuesday, June 2, taking ownership of Helium’s subscriber business and its customer list.
- Company statements say financial terms were not disclosed and that Helium Mobile customers can keep their phone numbers and expect no immediate service disruptions.
- Nova Labs will retain the Helium Network and its token operations, a distinction that Helium co-founder Amir Haleem reiterated after community concerns about selling a project tied to decentralized infrastructure.
- Noble has agreed to use the Helium Network’s community-run hotspots alongside the spectrum it already leases from T-Mobile, combining a crowd-built coverage layer with a traditional MVNO setup.
- The deal comes as Helium Mobile reported about 600,000 cumulative sign-ups and acknowledged it was not profitable, while the HNT token remains under technical price pressure despite daily network data-credit burns that add on-chain demand.