TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research and Innovation
  • Security
  • More Topics
  • Network Partners
  • Industry Insights
  • Directory
  • Newsletters
  • |
  • About
  • Contact
  • |
  • Connect with us
  • Digital Platforms and Services
  • Open RAN
  • Cloud Native Telco
  • Telcos and Public Cloud
  • The Green Network
  • Private Networks
  • Open Telco Infra
  • 5G Evolution
  • Access Evolution
  • Edgenomics
  • Network Automation
  • 6G Research & Innovation
  • Security
  • Connect with TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Mobile

Mobile

What’s up with… Jio Platforms, Rakuten Mobile, 5G rankings

TelecomTV Staff
By TelecomTV Staff

Jun 5, 2020

  • India’s Jio Platforms attracts more investment
  • Rakuten Mobile shares 5G core migration plans
  • South Korea tops 5G market ranking

Further investment in Jio Platforms, the parent company of India’s leading mobile operator, and insightful 5G core migration commentary from Japan’s Rakuten Mobile are the pick of today’s news bunch.

  • Abu Dhabi-based sovereign investor Mubadala has splashed out INR90.936 billion ($1.2 billion) on a 1.85% stake in Jio Platforms, which includes India’s leading mobile operator Reliance Jio among its digital assets. In the past six weeks, Jio Platforms has raised more than INR876 billion ($11.6 billion) from the sale of stakes to Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and now Mubadala. Jio Platforms isn’t the only mobile player in India to have attracted the interest of investors recently, as Amazon has been linked to a potential investment in Bharti Airtel, while Google is reportedly mulling a stake in Vodafone Idea.
  • Rakuten Mobile aims to converge its virtualized 4G core platform into its cloud native standalone 5G core within 16 months of launching RCP (Rakuten Communications Platform), the containerized 5G core platform being developed with NEC, reports Keith Dyer at The Mobile Network. Rakuten announced this week that it plans to offer its 5G core code to other operators as an application made available via the RCP marketplace. 
  • South Korea was the world’s leading 5G market at the end of 2019, followed by Kuwait, according to research house Omdia, which ranked countries based on a set of criteria that included operator launches, population coverage and service take-up. Switzerland (ranked third overall) and the UK (ranked sixth globally) were the leading 5G markets in Europe. 
  • The European Commission has outlined funding proposals for its €8.2 billion Digital Europe initiative, which will start in January 2021 and run through to 2027. It includes €2.2 billion for AI investments and €1.8 billion for cybersecurity investments. The details came shortly after the German government announced a €130 billion stimulus package that includes support for 5G network rollouts.
  • Telecom Italia, which had more than 45,000 staff at the end of last year, is set to reduce its headcount by a further 700 positions this year, reports Reuters, taking the total planned number of job losses at the operator for this year to 3,400. 
  • VMware is to acquire cybersecurity threat intelligence specialist Lastline for an unspecified sum.
  • FTTH now accounts for 51.7% of fixed broadband connections in Portugal. The country, which has a fixed broadband penetration rate of 81.5%, had 4 million fixed broadband connections at the end of March, according to regulator Anacom, of which 2.1 million were over fibre lines.
  • SpaceX has launched a further 60 Starlink broadband connectivity satellites into orbit. There are now 482 Starlink satellites in space, taking the Elon Musk initiative closer to being able to offer commercial broadband services to underserved areas around the world.
  • Mavenir has added new features to Mobile Business Contact, its cloud-hosted, contact center as-a-service (CCaaS) solution.
  • SK Telecom has invested a further $20 million in Nanox, a medical imaging technology company.

- The staff, TelecomTV

Related Topics
  • 5G Evolution,
  • Access Evolution,
  • Analysis & Opinion,
  • Asia-Pacific,
  • Broadband,
  • Europe,
  • Fixed Access,
  • FTTx,
  • Global,
  • Mavenir,
  • Middle East & Africa,
  • Mobile,
  • News,
  • North America,
  • Rakuten Mobile,
  • Satellite,
  • SK Telecom,
  • Telco & CSP,
  • Telecoms Vendors & OEMs,
  • TIM,
  • VMware

More Like This

Access Evolution

United Internet announces successful fiscal year 2022

Mar 30, 2023

6G Research and Innovation

India eyes global leadership role in 6G

Mar 27, 2023

Digital Platforms and Services

Zain KSA announces financial results for 2022 with annual revenue of SAR 9.1bn

Mar 27, 2023

5G Evolution

GSMA mobile economy China report forecasts China will be first market in the world to reach 1 billion 5G connections by 2025

Mar 27, 2023

5G Evolution

Rural areas in Spain to receive 5G boost as Vodafone expands network

Mar 22, 2023

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

10:43

MWC23 interview: Mari-Noëlle Jégo-Laveissière, deputy CEO of Orange

12:45

MWC23 interview: Abdu Mudesir, Group CTO, Deutsche Telekom

9:26

MWC23 interview: Greg McCall, Chief Networks Officer, BT

TelecomTV
Company
  • About Us
  • Media Kit
  • Contact Us
Our Brands
  • DSP Leaders World Forum
  • Great Telco Debate
  • TelecomTV Events
Get In Touch
[email protected]
+44 (0) 207 448 1070
Connect With Us

  • Privacy
  • Cookies
  • Terms of Use
  • Legal Notices
  • Help

TelecomTV is produced by the team at Decisive Media.

© Decisive Media Limited 2023. All rights reserved. All brands and products are the trademarks of their respective holder(s).