Rakuten Mobile loss almost doubled in Q2

Operating loss incurred at Japan’s challenger operator increased by 85% in Q2 to reach $900 million, which the company attributed to aggressive investment in network rollout and rising roaming cost.
Rakuten announced its Q2 financial results today, which saw the whole group having generated the “highest revenue in the second quarter of a fiscal year”. Meanwhile, Rakuten Mobile, Japan’s newest and greenfield mobile operator, reported an 85% expansion over the JPY 53,825 mi