REALLY Wireless explained

REALLY is a privacy focused telecommunications company, with headquarters in Austin, Texas. The company offers mobile phone plans on its encrypted wireless mobile network, powered by T-Mobile and REALLY DeWi.

History

REALLY was founded by serial entrepreneur Adam Lyons, who also founded The Zebra.[1] [2] REALLY operates a decentralized wireless mobile network started in Austin, Texas and plans to expand its wireless network worldwide.[1] [3] [4] [5]

In February 2023, REALLY secured $18 million in funding, led by Polychain Capital and Mike Maples Jr.[3] [4] [6] According to Crunchbase and The New York Times, this was the largest telecommunications seed round in United States history.[4] [6] [2] [7] The company planned to use funding to develop REALLY Wireless, a mobile network operator (MNO) service which provides security, privacy, speed, and coverage.[3]

In September 2023, the company partnered with T-Mobile to accelerate the nationwide availability of their phone service. This allowed members to “roam seamlessly” between both networks, providing expanded coverage including international.[1] [2]

Features

REALLY is built on a “DeWi” network of small wireless towers, drawing on existing infrastructure to provide service. Tower hosts are compensated by the company, with REALLY handling all equipment installation.[1] [7]

Lyons has stated: “With decentralized wireless [DeWi], the idea is that the community itself can create cell coverage.[7]

The company offers two phone plans, Limitless which includes unlimited voice, text and data and Clutch which is data only.[6]

Notes and References

  1. Web site: Distributed wireless company REALLY strikes deal with T-Mobile. Fierce Network. September 21, 2023. Linda Hardesty. July 13, 2024.
  2. Web site: This Serial Entrepreneur Struck a Key Deal to Scale Up. Here Are His Tips for Achieving Fast Growth. Inc.. September 21, 2023. Sarah Lynch. July 13, 2024.
  3. Web site: Adam Lyons’ REALLY Raises $18M for Decentralized Mobile Network. Built In Austin. February 28, 2023. Abel Rodriguez. July 13, 2024.
  4. Web site: Adam Lyons' new startup, blockchain phone network Really, raised $18M. Austin Business Journal. February 28, 2023. Brent Wistrom . July 13, 2024.
  5. Web site: TheZebra.com’s Founder Adam Lyons Launches REALLY, a Mobile Phone Service with $18 Million in Funding. Silicon. March 4, 2023. Laura Lorek. July 13, 2024.
  6. Web site: An Austin Start-up’s (Expensive) Plan to Transform the Wireless Business. Texas Monthly. January 22, 2024. Michael Agresta. July 13, 2024.
  7. Web site: Reshaping Corporate America With Billions in Giveaways . February 28, 2023. Andrew Ross Sorkin. Ravi Mattu. Bernhard Warner. Sarah Kessler. Michael J. de la Merced. Lauren Hirsch. Ephrat Livni. July 13, 2024.