Rakuten Mobile loses close to $1 billion in Q3

Rakuten Mobile is growing its customer base, but the cost of building a new national mobile network is still taking a significant toll on its finances.
Revenues are ticking up at Japan’s fourth mobile operator as it starts to attract paying customers. Its topline came in at close to 55 billion yen in the three months to the end of September, a 21% on the third quarter of last year. The numbers refer to Rakuten’s overall mobile segment, the bulk of which comes from its core mobile ope