Rakuten Mobile targets break-even in 2023

Rakuten Mobile’s bottom-line was hit by higher network deployment costs and domestic roaming fees during Q1, though subscriber uptake accelerated after it introduced a new data plan. Chairman and CEO Mickey Mikitani (pictured) used an earnings call to explain a rise in capex associated with deploying Rakuten Mobile’s cloud-based network would pave the way to future profitability, with the operator targeting break-even and a customer base of 7 million in 2023.

Link: Rakuten Mobile targets break-even in 2023
via http://www.mobileworldlive.com

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