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Draft:XNET Mobile

From Wikipedia, the free encyclopedia

XNET Mobile is a decentralized wireless (DeWi) network and mobile carrier platform operating as a Decentralized Physical Infrastructure Network (DePIN). Headquartered in Irvine, California, the company utilizes the Solana blockchain to incentivize the deployment of carrier-grade Wi-Fi and cellular infrastructure. Unlike consumer-oriented decentralized networks, XNET operates as a neutral-host network, designed to offload data from major mobile network operators (MNOs) to improve network density in high-traffic environments.[1]

History

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XNET was founded in 2022 by a team of telecommunications and technology veterans, including Richard Devaul (formerly of Google X), Alex Luebke, Tom Beirith, and Donal O'Brien. The project was established to address capacity constraints in traditional cellular networks through a decentralized infrastructure model.

In August 2025, the company appointed James Childs as Chief Executive Officer. In December 2025, XNET appointed Stephen John, the former CEO of Westell Technologies (NASDAQ: WSTL), to its Board of Advisors to oversee carrier integrations and enterprise expansion.[2][3]

Technology

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XNET’s network architecture is built on the Solana blockchain for settlement and incentive distribution. The network utilizes several key technical standards:

  • Passpoint (Hotspot 2.0): Enables mobile devices to automatically discover and securely connect to XNET access points using existing carrier SIM credentials.
  • Hardware: The network primarily utilizes the X7-35X Wi-Fi 7 Indoor Access Point, a tri-radio device supporting 802.11be with an aggregate data rate of 9.2 Gbps.
  • Spectrum: XNET utilizes both Wi-Fi 6/7 frequencies and Citizens Broadband Radio Service (CBRS) Band 48 spectrum.[4]

Partnerships

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In April 2025, XNET entered into a roaming agreement with AT&T, allowing the carrier to offload mobile data traffic onto XNET's decentralized nodes in over 1,300 commercial locations.[5]

In December 2025, XNET partnered with Cambium Networks (NASDAQ: CMBM) to integrate its roaming technology into Cambium’s enterprise Wi-Fi solutions for use in hospitality and commercial real estate.[6]

Tokenomics

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The network utilizes a native utility token, $XNET, with a maximum supply of 2.4 billion. Rewards for node operators are distributed based on a "Proof-of-Connectivity" model, which weights rewards toward actual data volume offloaded (70%) and geographic coverage (30%). The network employs a "buy-and-burn" mechanism where a portion of carrier-generated revenue is used to purchase tokens from the market.

References

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  1. ^ Mike Dano (2025-04-15). "How AT&T learned to love DePIN". Light Reading. Retrieved 2025-12-19.
  2. ^ "XNET Appoints Industry Leader Stephen John to Board of Advisors". Business Wire. 2025-12-17. Retrieved 2025-12-19.
  3. ^ "Why a wireless veteran is backing password-free mobile connections". Stock Titan. 2025-12-17. Retrieved 2025-12-19.
  4. ^ "Helium, Xnet pivot from CBRS to Wi-Fi". Light Reading. 2024-11-05. Retrieved 2025-12-19.
  5. ^ "XNET signs agreement with AT&T to offload mobile traffic". Wi-Fi Now Global. 2025-04-10. Retrieved 2025-12-19.
  6. ^ "Cambium Networks and XNET Partner to Bring Faster, More Reliable Mobile Connectivity". Cambium Networks. 2025-12-09. Retrieved 2025-12-19.
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