Rakuten Mobile Partners with South Korean Operator Stage X for Joint Technology Venture

Rakuten Mobile, in conjunction with Rakuten Symphony, has recently established a momentous collaboration with South Korean mobile network operator STAGE X. The three companies have formalized their partnership by signing a Memorandum of Understanding (MoU), outlining a comprehensive framework for strategic cooperation in technology and business exchange. The primary objective of this partnership is to facilitate mutual growth and innovation within the telecommunications industry.

The key focus of this collaboration revolves around the mutual exchange of technological expertise and business strategies between the mobile network operators. Rakuten Mobile, renowned for its pioneering efforts in building and deploying the world’s first fully virtualized, cloud-native mobile network, is poised to share its industry knowledge with Stage X. Additionally, Rakuten Symphony is prepared to provide cutting-edge telecom solutions to support the growth and development of Stage X in South Korea.

The discussions between the three companies will encompass various aspects of Stage X’s upcoming projects, including business operations and technical areas. Furthermore, the collaboration will also consider future expansion to mid-band frequency and the development of a 6G-based national network. This forward-thinking approach serves as a testament to the long-term perspective of the partnership.

Sangwon Seo, CEO of Stage X, expressed his enthusiasm for the collaboration with Rakuten Mobile and Rakuten Symphony, emphasizing his eagerness to learn and benefit from their vast expertise. His vision entails a fruitful and extensive cooperation, aimed at leveraging the knowledge and resources of the partnering companies to enhance Stage X’s position in the telecommunications market.

In response, the CEO of Rakuten Mobile and President of Rakuten Symphony conveyed their excitement for the collaboration with South Korea’s newest mobile network operator. The partnership between the companies is expected to yield significant synergies and create groundbreaking opportunities for Stage X to thrive and excel in the industry.

This collaboration represents a significant milestone for Rakuten Mobile, Rakuten Symphony, and Stage X, as it sets the stage for a transformative phase in the telecommunications landscape. By leveraging each other’s strengths, these companies are poised to propel technological advancements and bring about industry-changing innovations, ultimately benefiting consumers and industries alike in Japan and South Korea.