Rakuten Tunes Up for an Open RAN Unit IPO or Stake Sale
Rakuten Group announces that it plans to incorporate its recently created Open RAN networking product, solution, and services unit, called Symphony. According to a release by Rakuten, through incorporation of Symphony, “accountability (duties) will be clarified, flexible decision-making and business execution will be possible, and products, services, and solutions for telecommunications carriers will be consolidated across the board. The company “will be ready to provide 4G and 5G infrastructure and platform solutions to the global market.”
