Karrier One Acquires Canadian Spectrum Access

Karrier One Secures Spectrum Blocks in Recent ISED Auction

Toronto, 2024–07–26 — Karrier One is thrilled to announce its recent acquisition of two mid-band spectrum blocks in the latest residual auction conducted by Innovation, Science and Economic Development Canada (ISED). This strategic win underscores Karrier One’s commitment to expanding and enhancing its telecommunications services Globally.

The spectrum blocks, obtained through a competitive bidding process, will enable Karrier One to significantly bolster its network capacity and provide superior connectivity solutions to underserved regions as a full Mobile Network Operator (MNO). This acquisition aligns with Karrier One’s mission to democratize spectrum access and build decentralized physical infrastructure even faster with our orchestration platform and tools.

“We are extremely pleased with the outcome of this auction” said Samer Bishay, CEO/President of Karrier One. “Securing these spectrum blocks is a pivotal step in our growth strategy and reinforces our dedication to connecting more Canadians with high-quality telecommunications services. This investment will allow us to innovate and improve our offerings, ensuring that our customers receive the best possible experience.”

Gap Kim, Global Head of Marketing for Sui Foundation said, “With its latest spectrum acquisition success, KarrierOne is making leaps in the telecommunications industry. Leveraging Sui, KarrierOne is poised to offer superior connectivity solutions across North America and beyond.”

About Karrier One

Karrier One is the first carrier-grade decentralized mobile network that connects smart phones and users seamlessly and anonymously using the SUI blockchain. Karrier One is the only network of its kind to power Micro Networks or Mobile Independent Network Operators agnostic of any frequency or spectrum limitations.

Contacts

For more information:
https://karrier.one/
pr@karrier.one
or call +1 416 900 0010