Riyadh – Mubasher: Saudi Telecom Company (stc) and Rakuten Mobile, Inc. have signed a memorandum of understanding (MoU) to collaborate in the field of innovation and strategic mobile technology.
The two firms will collaborate in various technology domains, including, fully autonomous digital platform to serve telecommunication cloud network as well as OpenRAN deployment options for greenfield and brownfield use-cases, operating models and business value realisation, according to a press release on Monday.
Together, stc and Rakuten Mobile aim to accelerate the delivery of mobile network services by utilising open technology that will facilitate and revolutionise wireless infrastructure.
“This MoU aims to expand our global partnerships and help diversify our strategic growth. We are confident this MoU will bring tangible results in terms of developing a new advance technology strategy and accelerating the early deployment of novel and sophisticated services,” commented stc Group CEO, Nasser S. Al Nasser.
Moreover, Chairman and CEO of Rakuten, Inc. and CEO of Rakuten Mobile, Inc., Mickey Mikitani, said, “We believe that our open architecture and advanced OpenRAN technologies will help define a new generation of operators who are ideally positioned to place advanced customer experience and differentiated profitable services at the centre of their offering.”
Rakuten Mobile, Inc. is a subsidiary of Rakuten, Inc., a leading global internet services company headquartered in Tokyo and launched its commercial mobile operations in April this year, becoming Japan’s fourth mobile operator.
