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Telecom Industry

Can incumbents compete with DePIN business models?

It's the 90s all over again, except this time you can own a direct stake in critical infrastructure.

Subject

Context

DePIN MVNO

Growth by Acquisition

  • Target existing MVNOs with established user bases
  • Focus on operations with current 10% EBITDA margins
  • Transform profitability to 20% EBITDA through crypto integration

Value Model

Revenue Enhancement

  • Transform traditional MVNO economics through crypto integration
  • Increase average revenue per user from $4-5 to potentially $15-20
  • Add complementary services beyond basic mobile connectivity

User Experience

  • Abstract crypto complexity from end users
  • Focus on delivering core mobile services
  • Enable seamless integration of financial services

Strategic Vision

Market Expansion

  • Target international markets, particularly Latin America
  • Scale through strategic acquisitions
  • Build unified customer experience combining mobile and financial services

The strategy fundamentally aims to demonstrate how crypto rails can transform traditional telecom businesses while maintaining focus on core service delivery and user experience.

Technical

Which blockchain provides the best platform for growing a decentralized telco network?

Network Architecture

  • Deploy Helium network infrastructure in international markets
  • Utilize hybrid model combining Helium's decentralized network with traditional carriers
  • Leverage T-Mobile's network as backup coverage

Cost Optimization

  • Implement variable pricing structure instead of fixed rates
  • Maintain minimum threshold around $0.15 per gigabyte
  • Capture arbitrage opportunities through data offloading

DePIN Protocols

DePIN protocols that are eating into incumbent marketshare.

See DePIN Ecosystem

Inversion

Inversion Capital - Santi

Helium

Growing in the US