XNET is a decentralized, neutral host mobile network that leverages Wi-Fi Passpoint and 3GPP cellular technologies to provide fast, reliable and inexpensive mobile connectivity.In order for the XNET network to operate, the economics must work for all participants. The $XNET Token unites two groups:<ul><li>Those who build the network's physical infrastructure (node operators mainly), and,</li><li>Mobile Network Operators who pay to use the footprint created by the deployers.</li></ul>Node operators, whether they be businesses or individuals, are who earn the $XNET Token. Mobile Network Operators are the end user of the XNET Network, and must pay to access XNET whether it be via LTE roaming or Carrier WiFi offload.

On May 22, 2025, XNET Mobile has raised funds from Alpha Sigma Capital.

XNET Mobile

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