Rakuten Mobile hikes capex as its EBITDA leaves the red
Rakuten Mobile plans to lift capital spending to JPY200 billion (about US$1.3 billion) as it pushes to build out its network faster in response to growing subscriber numbers. The company says it needs to accelerate construction work to keep pace with demand, even as its earnings before interest, tax, depreciation and amortization (EBITDA) have moved into positive territory.
The capex increase marks a shift from a period of heavy losses tied to network rollout toward a focus on scaling and improving service with a now-viable core business. Rakuten Mobile is betting that higher upfront investment will support continued subscriber growth and strengthen its position in Japan’s mobile market.
More from Telecom
Telefónica is reworking its network strategy to squeeze more revenue out of data traffic and AI-era services. Speaking at OFC, the company’s CTO outli...
Pakistani mobile operator Jazz has switched on 5G services after receiving a 5G licence from the Pakistan Telecommunication Authority (PTA). The launc...
India added 7.86 million telecom subscribers in January, lifting the total base to 1.314 billion, according to data from the Telecom Regulatory Author...
Globe Telecom is extending its LTE and 5G networks across the Philippine province of Tarlac to keep up with growing demand for faster, more reliable m...
Satellite services provider Globalsat Group has signed a reseller agreement with Amazon’s planned low Earth orbit (LEO) satellite network, Project Kui...
BT says it has finished taking Huawei equipment out of its 5G radio access network and is now relying on Ericsson and Nokia. According to BT CTO Greg...