Japanese operator Rakuten Mobile Inc. released on Wednesday its Q2 2021 financial report demonstrating a bursting operating loss increase of 85 percent year on year (YoY) amounting to $900 million credited to higher network-related expenses. Due to the semiconductor shortage, the firm’s costs soared as the network rollout was postponed for approximately three months. The […]
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Japanese e-commerce giant Rakuten sold on Monday 13 percent of its shares, worth $2.2 billion, to several new investors, as the company attempts to strengthen its balance sheet, while rolling out a more aggressive mobile strategy. The new investors into Rakuten are Japan Post – the country’s largest insurer and bank by deposit, as well […]
Japan’s postal system is investing 150 billion yen ($1.4 billion) in an 8% stake in the e-commerce venture Rakuten to strengthen a partnership in deliveries, fintech and other areas. Rakuten’s shares shot up 8.6% in Tokyo trading Friday on news of the tie-up with Japan Post. Japan Post’s gained 4.9%. Japan Post Holdings President Hiroya […]
On September 16, 2020, Japanese operator Rakuten Mobile has signed a Memorandum of Understanding MOU with Spanish telecom giant Telefónica. Under the new agreement, the partners will conduct trials of open RAN architectures and will develop proposals for the role of Artificial Intelligence in the RAN. On the other hand, the Spanish and Japanese operators […]
Network Operators Got $42.3 Million for Open RAN Their Testing Needs The U.S. federal government has granted $42.3 million to a consortium of major telecom network operators and suppliers to make their Open Radio Access Network ambitions come true. The National Telecommunications and Information Administration (NTIA) has granted $42.3 million for the deployment of Open […]
The battle to find new ways to cut costs and generate extra income is intensifyin in the fiercely competitive and high-stakes field of telecommunications. Since operators want to grow and gain a competitive edge, cost optimization models for telecom expenses in the telecom sector are a hot topic. A fundamental shift in organizational culture is […]
The telecommunication sector has been evolving at an extremely high pace. Operators have had to constantly work on upgrades and evolutions on their network infrastructure, while developing new services in parallel. As a result, they have been even forced to establish partnerships with many telecom vendors. Long gone are the days where operators had exclusive […]
The Saudi Telecommunication Company, known as STC, is the leading telecom operator in the Kingdom of Saudi Arabia (KSA), competing with United Arab Emirates (UAE)-based Etisalat for the number one spot in the region. Established in 1998, the company has been witnessing successive periods of evolution and portfolio diversification that often mirror the telecom landscape […]
The United Arab Emirates (UAE) has been witnessing consecutive waves of changes to the various constituent sectors shaping its economy. As part of its vision for decades to come, the gulf state is looking to secure a futureproof resilient strategy by unlocking potential economic growth opportunities that will allow different sectors to change, progress, and […]
Needless to say, 5G is the hype of the moment, not only among operators but also among big tech companies, industries, and governmental organizations. To the large audience, 5G is a Formula 1 car with the most advanced technological innovations. It is a precious stone of the highest quality. Yet, 5G clearly hasn’t achieved what […]