Rakuten Mobile reports Q1 2024 EBITDA profit on subscriber growth

Rakuten Mobile reported EBITDA profitability in the first quarter of 2024, supported by subscriber growth, higher revenue, and lower network costs.

TL;DR

• Rakuten Mobile said it remained EBITDA-profitable in Q1 2024.
• The company attributed the result to subscriber growth, rising revenue, and lower network costs.
• The report was cited by telecoms.com in coverage of Rakuten Mobile's quarterly performance.

Rakuten Mobile is a mobile network operator in Japan. In Q1 2024, the company said subscriber growth contributed to higher revenue during the quarter.

Rakuten Mobile also said lower network costs supported its EBITDA result in Q1 2024. EBITDA means earnings before interest, taxes, depreciation, and amortization.

The telecoms.com report described Rakuten Mobile's Q1 performance as staying on the positive side of EBITDA profitability. The source excerpt did not provide subscriber totals, revenue figures, or margin data.

Related questions

• What did Rakuten Mobile say supported its Q1 2024 EBITDA profitability?
• Which country does Rakuten Mobile operate in?
• Did the source provide subscriber or revenue figures for Rakuten Mobile's Q1 2024 results?