Rakuten Mobile, Rakuten Symphony, and South Korean mobile network operator STAGE X have signed a Memorandum of Understanding to establish a comprehensive framework for strategic collaboration in technology and business exchange. The agreement focuses on technological collaboration and business synergies between the three companies, including sharing industry knowledge and expertise from Rakuten Mobile, as well as the provision of industry-leading telecom solutions from Rakuten Symphony.
The discussions between the companies 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, expressed his enthusiasm for the collaboration with Rakuten Mobile and Rakuten Symphony as the companies represent their respective countries and aim to continue broad cooperation.
As Stage X builds out its infrastructure to provide 5G services in the 28 GHz spectrum, there is excitement about working with Rakuten and learning from their experience across a wide range of areas. The CEOs of Rakuten Mobile and Rakuten Symphony are optimistic about collaborating with South Korea’s newest mobile network operator. They believe that significant synergies exist between the companies and that this MoU will leverage their expertise to create industry-changing opportunities for Stage X.
Rakuten Mobile is praised for building and deploying the world’s first fully virtualized, cloud-native mobile network with a modern infrastructure that ensures stable telecommunication services as the newest mobile network operator in Japan. As Stage X builds its own infrastructure, it can learn from Rakuten’s experience in deploying cutting-edge technologies across multiple areas such as virtualization, automation, and artificial intelligence.
Rakuten Symphony is also recognized for its industry-leading telecom solutions that enable operators to launch new services quickly while reducing costs. With its expertise in software-defined networking (SDN) and network functions virtualization (NFV), it can help Stage X build an efficient and scalable 5G network infrastructure.
Overall, this MoU represents a significant opportunity for all three companies to leverage their strengths and create innovative solutions together. By working closely together on various aspects of 5G deployment and expansion to mid-band frequency, they can pave the way for future developments in telecommunications technology.
