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Rakuten Mobile, Rakuten Symphony and South Korean mobile network operator STAGE X announced the signing of a Memorandum of Understanding. The MoU aims to establish a comprehensive framework for strategic collaboration in technology and business exchange between Rakuten Mobile, Rakuten Symphony and Stage X, South Korea’s new greenfield mobile network operator preparing to provide 5G services in the 28 GHz spectrum.
Bringing together the newest mobile network operators in Japan and Korea, the MoU focuses on technological collaboration and business synergies between the three companies. The agreement includes the sharing of industry knowledge and expertise from Rakuten Mobile, as well as the provision of industry leading telecom solutions from Rakuten Symphony. Discussions will also encompass various aspects of Stage X’s upcoming projects ranging from business operations to technical areas. In addition, the three companies will pursue cooperation considering expansion to mid-band frequency and the development of a 6G-based national network from a long-term perspective.
Sangwon Seo, CEO of Stage X
Rakuten Mobile and Stage X are the latest mobile network operators representing their respective countries, and together with Rakuten Symphony we wish to continue broad cooperation. Rakuten Mobile built and deployed the world’s first fully virtualized, cloud-native mobile network*1 with a modern infrastructure that ensures stable telecommunication services as the newest mobile network operator in Japan. As Stage X builds out its infrastructure to provide 5G services in the 28 GHz spectrum, we look forward to working with Rakuten and learning from their experience across a wide range of areas.
CEO of Rakuten Mobile and President of Rakuten Symphony
We are excited about collaborating with South Korea’s newest mobile network operator. I believe we share significant synergies, and this MoU will see us leveraging our expertise to create industry-changing opportunities for Stage X.
Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.
For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma
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