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Rakuten Faces Surge in 4G and 5G Costs as KDDI Ends Roaming

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Sig3.60Sen-5.20Env0.00Soc-2.60Gov-1.40

Rakuten Group has poured more than $11B into Rakuten Mobile since late 2018, overshooting its original basestation budget, yet lacks enough sites to deliver a nationwide mobile experience. It plans to spend an extra 200B yen this year on basestations across multiple spectrum bands, and is insourcing site negotiations to speed deployment. Second-quarter operating loss shrank to JPY32.3B as sales rose.

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