Rakuten

Rakuten Mobile loss almost doubled in Q2

Operating loss incurred at Japan’s challenger operator increased by 85% in Q2 to reach $900 million, which the company attributed to aggressive investment in network rollout and rising roaming cost.

Rakuten to build mobile network for 1&1

Rakuten announced partnership with 1&1 to build “Europe’s first fully virtualised mobile network” for the German greenfield operator. The company also set up a separate unit to drive global expansion.

Rakuten acquires OpenRAN partner Altiostar

Rakuten announced that it has completed the acquisition of the software company Altiostar, which it had already partly owned and has collaborated closely on OpenRAN.

Rakuten says it will have “No More Secrets”

Rakuten’s CTO Tareq Amin told analysts and media that the company will soon disclose all prices it pays its suppliers, in a new drive for commoditisation of telecoms hardware and software.

Rakuten decides to compete on price, again

The Japanese greenfield operator Rakuten Mobile has seen its low-price strategy driving fast subscriber growth, so it has decided to double down on its iPhone 12 offers.

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