https://rakuten.de/kategorie
 

Allerdings sind die Cash-Back-Prozente nicht berauschend.  

Rakuten Symphony and Grameenphone have announced that they will collaborate on a pilot project to build an Open RAN comprising 4G and 5G Non-Standalone (NSA) sites in Bangladesh

September 19, 2025

Rakuten Symphony and Grameenphone have announced that they will collaborate on a pilot project to build an Open RAN comprising 4G and 5G Non-Standalone (NSA) sites in Bangladesh

Rakuten Symphony and Bangladesh-based mobile network operator Grameenphone, a Telenor Group Company, have announced that they will collaborate on a pilot project to build an Open Radio Access Network (Open RAN) comprising 4G and 5G Non-Standalone (NSA) sites within the country.

The pilot project will position Grameenphone – who currently boasts over 86 million mobile network subscribers – as one of the first mobile operators in South Asia to deploy Open RAN and will serve as a precursor to a nationwide Open RAN deployment in Bangladesh.  

Rakuten Symphony will supply the Centralised Unit (CU) and Distributed Unit (DU) infrastructure, the 4G/5G Radio Units, along with its OSS solutions. Rakuten Symphony will engage its partners to support the project and provide necessary expertise throughout the pilot phase.

https://www.cxoinsightme.com/business/channel/...to-advance-open-ran/

 

Rakuten Travel Launches “Tokutabi Campaign” Offering Up to 15x Points on Domestic Stays in Japan

Saturday, February 21, 2026

Rakuten Group will hold the “Tokutabi Campaign” on its Japanese travel booking site “Rakuten Travel,” offering up to 15 times more Rakuten Points on domestic hotel stays in Japan.

For stays, including day-use and daytime-only plans, at properties featured on the campaign page, guests will receive 10 times the points for check-ins from February 5 to check-outs on March 31, and 15 times the points for check-ins from March 31 to check-outs on April 30. The entry and booking period runs from 10:00 a.m. on February 5 to 9:59 a.m. on February 26.

Entry into the campaign is required to participate. The usual 1% equivalent in base points is included in these rates. The maximum number of bonus points that can be earned through the campaign is 100,000 points, while Rakuten Diamond members can earn up to 500,000 points.

In addition, for check-ins from February 28 to check-outs on March 31, Rakuten Mobile subscribers will receive an extra 1% in points.

https://en.traicy.com/posts/2026022133013/
 

Originally announced in February 2022, the extended agreement aims to replace legacy systems and software with the implementation of Rakuten Symphony’s automated platform. This tool enhances productivity for AT&T employees and contractors managing cell site builds, offering real-time data visibility to lay the foundation for future AI-led operations, the Japanese company said.

AT&T plans for 70% of its wireless traffic to run over open and interoperable platforms by late 2026. To achieve this, the operator needed to consolidate fragmented legacy tools supporting site design and construction. With Rakuten Symphony site management platform, AT&T has transitioned to an end-to-end integrated solution — a move completed in just 18 months from pilot to full deployment, with no service disruptions.

Now used by more than 10,000 registered users across AT&T and its contractor network, Rakuten Symphony’s platform also supports AT&T’s massive fiber expansion initiative.

Rakuten Symphony site management platform provides lifecycle management of telecom sites, from planning to deployment. It uses artificial intelligence (AI) and digital workflows to streamline network builds and maximize efficiency.

https://www.rcrwireless.com/20250617/carriers/rakuten-att-partnership

 

Rakuten Symphony achieved profitability at the non-GAAP operating income level for fiscal year 2025. In RAN, we have steadily shifted our revenue structure from delivery of low-margin hardware to a major customer to high-margin software and its customization and maintenance. In the Cloud segment, we are expanding our sales channels through Google Cloud Marketplace and we'll continue to expand our revenue base for various services.

Source: Conference Call
 

Warum das net-income ein schlechter Maßstab ist,

hängt u.a. mit der von Rakuten vorgenommenen Kurssicherung von in Dollar begebenen Anleihen zusammen. Rakuten hat diese Kreditaufnahmen bei ihrer Entstehung sofort gegen einen Kursrückgang des Yen mit Hilfe von Derivaten abgesichert.

Durch die Yen-Abwertung ist der Wert der zur Kurssicherung verwendeten Derivate gestiegen, aber diese Wertsteigerung fließt nicht in das net-income ein – sondern diese Werte werden erst dann wieder freigesetzt, wenn das Darlehen getilgt und die Kurssicherung aufgelöst wird.

Der in Dollar aufgenommene Kreditbetrag führt aber bei einer Abwertung des Yen zu einer höheren Kreditsschuld in Yen, die wiederum ausgewiesen werden muss.

Es entsteht also ein auszuweisender Einkommensrückgang, der real gar keiner ist.
 

Käme es dagegen wieder zu einer Yen-Aufwertung würde der Wert der zur Kurssicherung eingesetzten Derivate fallen, aber diese Wertminderung  fließt nicht in das net-income ein – sondern kommt erst dann ans Licht, wenn das Darlehen getilgt und die Kurssicherung aufgelöst wird.

Der in Dollar aufgenommene Kreditbetrag führt aber bei einer Aufwertung des Yen zu einer niedrigeren Kreditschuld in Yen, die wiederum ausgewiesen werden muss.

Es entsteht also ein auszuweisender Einkommensanstieg, der real gar keiner ist.
 

könnt Ihr daran erkenenen, dass sowohl die von Google als auch die von Microsoft bereitgestellten Analyse-Tools auf die diversen Incomes, ihre Zusammenhänge untereinander und ihre jeweilige Aussagekraft fast gar nicht eingehen. Meist toben sie sich an einem Income-Wert aus, häufig auch noch am wenigsten geeigneten. Und auf Zusammenhänge, wie in meinen beiden letzten Postings geschildert verzichten sie i.d.R. meist ganz.  

Nach 20 Jahren steht diese High-Tech-Schmiede wieder dort wo sie startete. Das ist krebserregend beispiellos. Die Kosten für KI-Servernetzwerke kann Rakuten aus eigener Kraft nicht mehr wuppen. Also Fremdleistung einkaufen und den „Gewinn“ weiter belasten.  

Rakuten ist wie fast alle Unternehmen auf der Welt Anwender von KI-Grundmodellen. Rakuten entwickelt sie mit seinem Datenschatz weiter - und es gibt weltweit nur wenige Unternehmen mit einem Datenschatz wie Rakuten. Die notwendigen Investitionen in KI halten sich in Grenzen.

Dagegen hat Rakuten in den vergangenen Jahren massiv in den Ausbau seines mobilen Telekomnetzes investiert -  und setzt dies auf niedrigerem Niveau, da der Grundausbau steht, fort.

Rakuten raises capex as user growth accelerates
February 12, 2026
The Japanese operator added 1.7 million mobile subs year-on-year to end 2025 with about 10 million, picking up 594,000 additions in the final quarter. To keep up with mobile user and traffic growth and attract new customers, Mikitani said it will focus on measures to strengthen network quality.
https://www.mobileworldlive.com/rakuten/...s-user-growth-accelerates/

Richtig ist,  dass die gigantischen Zukunftsinvestitionen und die daraus erwarteten Ergebnisse bisher noch nicht im Kurs antizipiert wurden.


 

Connection stories - from the first meeting to the relationship, through concrete insights and authentic experiences from Viber Dating

19.02.2026.15:58

On the occasion of the first anniversary of Viber Dating, an integrated online dating platform within the Viber application, Rakuten Viber today presents its first report, titled "The State of Modern Dating." The report provides insight into how users communicate on Viber Dating and what their journey looks like - from the initial connection to the creation of serious and lasting relationships.

The material includes key indicators, practical tips and predictions for the future, designed to help users navigate the dynamic and ever-changing scene of modern dating.

The results of the survey - intended exclusively for informative and entertainment purposes - are based on anonymous and aggregated statistical data, as well as on the voluntary participation of users in internal Viber Dating surveys, conducted during 2025 in Serbia, the Philippines, Vietnam, Greece, Ukraine, Bulgaria and Bosnia and Herzegovina.

https://www.sd.rs/it/vesti/...taj-stanje-modernog-dejtinga-2026-02-19
 

Zusätzlich rückt die Effizienz der Open-RAN-Technologie in den Mittelpunkt. Da 1&1 auf eine vollständig virtualisierte Netzarchitektur setzt, ist ein Beleg für operative Kostenvorteile gegenüber klassischen Netzstrukturen für Marktteilnehmer von hoher Bedeutung. Ein solcher Nachweis gilt als wichtiges Signal für die langfristige Profitabilität in einem wettbewerbsintensiven Marktumfeld.

Der Telekommunikationssektor in Deutschland ist weiterhin durch hohe Investitionsanforderungen und regulatorische Entscheidungen über Mobilfunkfrequenzen geprägt. In diesem Kontext wird die Fähigkeit, das neue Netz effizient auszulasten, zum entscheidenden Wettbewerbsfaktor.

https://www.stock-world.de/11-aktie-netz-ausbau-entscheidet/
 

The global open RAN market size was estimated at USD 3.18 billion in 2025 and is predicted to increase from USD 4.23 billion in 2026 to approximately USD 46.33 billion by 2035, expanding at a CAGR of 30.72% from 2026 to 2035.

https://www.precedenceresearch.com/open-ran-market
 

Warum wird diese Zukunft auch nicht ansatzweise in Kursen eskomptiert, sondern passiert  eher  dass Gegenteil?
Meines Erachten setzen die Anbieter der alten Produkte gigantische Propaganda und Publicity ein, um Open RAN zu verzögern - verhindern können sie es jedoch nicht.  Und nicht wenige Telekom-Anbieter sitzen hier mit im  Boot, wenn kein Störenfried mit dann günstigeren Kostenstrukturen vorprescht - denn noch nicht abgeschriebene veraltete Einrichtung  zu entsorgen ist teuer. Und die Finanziers  der alten Apparatur hoffen auch noch, dass die Abschreibungen verdient werden, damit die Kredite zurückbezahlt werden können.  

Conference-Call unterschlagen uns die diversen KI-Analyse und -Zusammenfassungen fast komplett: "Consolidated non-GAAP operating income increased significantly by JPY 99.2 billion year-on-year to JPY 106.3 billion."

Bei der gleichen Steigerung von JPY 99.2 billion in 2026 wären wir schon bei JPY 205.5 billion - das sind immerhin ca. 1.3 Milliarden Dollar und bei einer Bewertung auch nur mit 15-fachen schon ein Unternehmenswert von ca. 20 Milliarden Dollar - zwischen 9 und 10 Dollar pro Aktie.  

https://flixpatrol.com/top10/rakuten-tv/world/2026-02-24/
 

Co-Innovation at the core: reflections on Rakuten Symphony’s first global partner summit

December 3, 2025

Hosting the first-ever Rakuten Symphony Global Partner Summit in Tokyo from November 16–18, 2025, marked a meaningful milestone for our organization and our partner ecosystem. Much more than a gathering, this summit brought together leaders from across the industry to celebrate collaboration, share insights, and explore opportunities for co-creating the future of connectivity.

From the outset, the energy in the room was palpable. Partners from technology, services, and infrastructure sectors came together-not just to listen, but to engage with Rakuten Symphony. The summit mirrored precisely what we try to do every day: co-innovation to make a difference for customers and partners alike.

https://symphony.rakuten.com/blog/...onys-first-global-partner-summit
 

Rakuten Mobile and Cape Validate Cellular Connectivity During Joint Japan-US Military Exercise
- Demonstrating critical security, privacy and resilience capabilities, as well as the power of Open RAN cloud-native network infrastructure in a multinational military exercise

Tokyo & Arlington, VA, February 25, 2026 – Rakuten Mobile, Inc., Japan’s newest and most modern mobile network, and Cape, a leading force in privacy-first mobile technologies dedicated to making commercial cellular secure, resilient and mission-ready, today announced their critical role in multinational military command, control and communication during a biennial Japan-US exercise.  

The joint military exercise is designed to enhance interoperability and readiness between the U.S Forces Japan and Japan Self-Defense Forces (JSDF). Multinational forces connected to Cape's mobile network with proprietary, mission-critical capabilities via Rakuten Mobile's Open RAN infrastructure to achieve a wide variety of objectives, including joint communication and command decision-making. Together, Rakuten Mobile and Cape demonstrated cellular’s unique value as a ubiquitous, resilient and secure communication channel in even the most demanding operational environments.

Multinational operations have traditionally relied on proliferated Low Earth Orbit (pLEO) systems. This demonstration showed cellular networks can provide strong coverage, speed and ease of use at both command and operational levels across regions of allied countries – further strengthened by Cape’s advanced security, privacy and resilience capabilities.

Rakuten Mobile provided the underlying network infrastructure, including deploying and managing the necessary Open RAN elements. Cape integrated its software-defined capabilities with Rakuten Mobile's Open RAN hardware infrastructure, validating the reliability, throughput and connection speed under operational load.

Rakuten Mobile was selected for the integration due to its pioneering work in developing and operating the world's first fully virtualized, cloud-native mobile network. The company’s network technology offers superior agility, cost-effectiveness and advanced Open RAN capabilities, making it uniquely suited to support dynamic and demanding communication requirements.

Cape delivers ultra-secure network capabilities that allow the most sensitive communications to securely move across networks. The result is scalable, high-bandwidth connectivity designed for mission-critical use anywhere in the world, including complex military operations.

Kazuhiro Suzuki, Co-CEO, Rakuten Mobile, commented, "We are pleased to collaborate with Cape on this biennial exercise. Cape is the leader in secure cellular networks, and this provided a valuable opportunity to demonstrate the practical application of our cloud-native network architecture and advanced Open RAN capabilities in a real-world, high-stakes environment.”

John Doyle, CEO, Cape, said, "Rakuten Mobile's Open RAN infrastructure has been critical in providing the coverage our customers need across Japan, and we look forward to expanding this great partnership.”

The exercise took place from late January to early February 2026 across multiple U.S. military installations in Japan, operating in close coordination with the Japan Self-Defense Forces to support joint operations.

About Cape
Cape is a privacy-first mobile technology company making commercial cellular secure, resilient and mission-ready. Cape provides software-defined device and mobile network solutions to government, enterprises, and consumers. Its mission is to ensure communication is private, secure, and resilient. The company has raised $91M from investors including A*, Andreessen Horowitz, Costanoa Ventures, ex/ante, Point72 Ventures, XYZ Ventures, Forward Deployed VC, and Karman Ventures. Research partners include leading cybersecurity institutions including the Air Force Research Laboratory, the University of Maryland, and others.

https://corp.mobile.rakuten.co.jp/english/news/...20260225_01_lang_en


 

Announcement Regarding Redemption of USD Denominated Undated Subordinated NC5 Notes Issued in 2021

February 24, 2026

Rakuten announces the redemption of its outstanding US$750,000,000 5.125% Undated Subordinated NC5 Fixed Rate Reset Notes, issued on April 22, 2021. The redemption will occur on April 22, 2026, which is the first date on which the Notes may be redeemed at the option of Rakuten pursuant to their terms. Details of the redemption are as follows.

Securities to be redeemed:  Rakuten Group, Inc. USD 750,000,000 5.125% Undated Subordinated NC5 Fixed Rate Reset Notes (Rule 144A CUSIP: 75102W AA6, ISIN: US75102WAA62, Common Code: 233331201; Regulation S CUSIP: J6S87B AA6, ISIN: USJ6S87BAA66, Common Code: 233331210)

Redemption date: April 22, 2026 (First Date of Optional Redemption)

The redemption price: 100% of the principal amount of the Notes, together with any accrued and unpaid interest up to (but excluding) the redemption date

https://global.rakuten.com/corp/news/press/2026/...tegory=corp%2520ir
 

It could make sense to sell the 31 million AST-shares of Rakuten and buy back from the sale-amount shares of Rakuten.  

February 25, 2026 at 07:40

Rakuten Group and Rakuten Bank have officially agreed to resume discussions regarding the reorganization of the group's fintech business. The plan aims to integrate Rakuten Bank, Rakuten Card, and Rakuten Securities Holdings into a single group to enable more agile decision-making and deeper cross-business collaboration. While a previous attempt at this reorganization was discontinued in September 2024, the companies cited a rapidly changing environment—including rising interest rates and intensified competition from major banking groups—as the primary driver for the January 2026 proposal to restart the process.

To ensure fairness, Rakuten Bank has established an independent special committee to oversee the transaction, as Rakuten Group currently holds a 49.26% stake. The reorganization is currently expected to take effect in October 2026, though specific participation from partners like Mizuho remains undecided. Rakuten Bank anticipates maintaining its listing on the Tokyo Stock Exchange Prime Market throughout the process.

https://filingreader.com/news-wire/tokyo/...-to-strengthen-integrated
 

Notice Concerning the Re Commencement of Discussions toward the Reorganization of Rakuten’s FinTech Business

February 25, 2026

https://global.rakuten.com/corp/news/press/2026/0225_13.html
 

Tue, February 24, 2026

Headline Panel Exploring AI and the Future of Affiliate Performance to Feature Guy Raz as Moderator with Zack Kass and Eric Seufert

SAN MATEO, Calif., Feb. 24, 2026 /PRNewswire/ -- Rakuten International announces Rakuten Optimism, its U.S. flagship marketing conference, taking place May 5-6, 2026, at the iconic Arizona Biltmore in Phoenix, Arizona. Centered on the theme "Fueling Meaningful Connections," the two-day event will bring together more than 1,000 marketing leaders and professionals to explore the transformation of affiliate and retail marketing in an AI-driven, performance-first era.

https://finance.yahoo.com/news/...ces-optimism-2026-us-134400999.html
 

Rakuten Mobile and Rakuten Symphony Advance Open RAN Innovation with Third-Party rApp Integration and Nationwide RIC Deployment
- World-first nationwide deployment of RAN Intelligent Controller third-party applications aligned with O-RAN standards
- Expanded third-party rApp ecosystem accelerates open, multi-vendor innovation
- Progress toward autonomous, AI-driven network operations improves performance and reliability for customers

Tokyo, February 26, 2026 – Rakuten Mobile, Inc. and Rakuten Symphony, Inc. today announced major progress in the deployment and evolution of Rakuten’s RAN Intelligent Controller (RIC), including expanded third-party rApp integrations and new use cases aligned with O-RAN ALLIANCE standards. Rakuten Mobile has also completed a nationwide deployment of RIC applications across its commercial mobile network in Japan, which demonstrates how open, interoperable platforms can move beyond trials and into real-world, large-scale operations.
“Reaching this milestone and deploying third-party rApps across the Rakuten Mobile network means faster optimization cycles and a more resilient, high-quality network experience for our subscribers,” said Sachin Verma, Director, AI and Data Supervisory Department at Rakuten Mobile. “For developers and partners, it creates a proven, real-world platform to deploy rApps at scale with measurable operational impact.”
The RIC is a key component of Open RAN architecture, enabling software applications to intelligently optimize and automate radio network performance. Through collaboration with partners including AirHop Communications and Future Connections, Rakuten Mobile and Rakuten Symphony are integrating both third-party and in-house rApps into Non-RT RIC environments. These applications support use cases such as predictive network maintenance, mobility enhancement, traffic optimization and AI-assisted decision making, helping reduce manual intervention while improving network quality and reliability for customers.
“Partnering with Rakuten Mobile and Rakuten Symphony has fundamentally changed the deployment timeline for our network automation and optimization Apps,” said Bijan Golkar, VP of Engineering, at AirHop Communications. “The Rakuten Symphony RIC platform provides robust, standards-based APIs that accelerate the trajectory from requirements to network deployment. This efficiency allows AirHop to focus on what we do best: delivering innovative, AI-driven solutions across a broad range of network use cases.”
Alejandro Medina, CTO at Future Connections, said: “Deploying our rApps on Rakuten's nationwide RIC validates that purpose-built and AI-driven solutions can deliver measurable operational impact in real-world Open RAN environments. We look forward to continuing this collaboration to advance autonomous network operations.”
This initiative strengthens Rakuten Mobile’s leadership in Open RAN adoption and contributes to a healthier, multi-vendor ecosystem for telecom innovation. It also greatly contributed to TM Forum’s Autonomous Networks Level 4 validation, where closed-loop automation and artificial intelligence play a central role in network operations.
Vivek Murthy, President of OSS at Rakuten Symphony, added: “By supporting both third-party and Rakuten-developed rApps, our RIC platform demonstrates how open standards can translate into practical innovation. This milestone shows that Open RAN is not just a concept, it is delivering results in live networks today.”
Rakuten Mobile's success in third-party rApp integration and nationwide RIC deployment is also a result of its participation in key research and development projects with the National Institute of Information and Communications Technology (NICT), Japan, focusing on the development of advanced Open RAN technology for the Beyond 5G era, and edge cloud capabilities for next-generation communications.
Rakuten Mobile and Rakuten Symphony continue to engage with additional ecosystem partners and rApp developers to expand the range of use cases and accelerate adoption across the industry. Rakuten welcomes technology partners and developers to engage with its RIC program to onboard and validate rApps and xApps on the only fully developed nationwide RIC on a commercial network in the world today.
https://corp.mobile.rakuten.co.jp/english/news/...20260226_01_lang_en