18-10-2021 15:15 via telecoms.com

Rakuten Mobile buys into the towers business

Rakuten Mobile is acquiring a stake in towers operator JTower, a move that should help it to roll out its network more quickly and cost-effectively.
Japan’s newest mobile operator said it has agreed to buy an undisclosed number of JTower shares from its president and chief executive Atsushi Tanaka for – wait for it – an undisclosed sum. As such, it will gain an equity stake in the company…but of course we don’t know what size of stake.
The deal will “strength
Read more »