A lot of paid liars ignore, that Rakuten Symphony will deliver $1 billion in revenues between now and the end of 2023, which will increase the revenues of Rakuten Mobile
Since its inception, Symphony, which has 3,500 employees worldwide, has generated revenues of $315 million and bookings of $3.1 billion. Much of that will come from 1&1 in Germany, where Symphony plans, builds and will manage the German operator’s greenfield, Open RAN-based 5G network.
Rakuten says Symphony had 14 commercial customers at the end of September and another 12 engagements on the verge of monetization: Tareq Amin, who is CEO of both Rakuten Mobile and Rakuten Symphony, recently noted that Symphony is on the verge of an extensive deal with a brownfield customer (an existing mobile operator adding Open RAN to its existing infrastructure – no names were mentioned, but Amin recently discussed with TelecomTV what appeared to be a imminent opportunity with Canada’s Telus).
In total, Symphony claims to have 69 potential customers in its pipeline in addition to the 14 it already has, and aims to generate $1 billion in revenue between now and the end of 2023.
www.reddit.com/r/RakutenUndervalued/...that_rakuten_symphony/
Since its inception, Symphony, which has 3,500 employees worldwide, has generated revenues of $315 million and bookings of $3.1 billion. Much of that will come from 1&1 in Germany, where Symphony plans, builds and will manage the German operator’s greenfield, Open RAN-based 5G network.
Rakuten says Symphony had 14 commercial customers at the end of September and another 12 engagements on the verge of monetization: Tareq Amin, who is CEO of both Rakuten Mobile and Rakuten Symphony, recently noted that Symphony is on the verge of an extensive deal with a brownfield customer (an existing mobile operator adding Open RAN to its existing infrastructure – no names were mentioned, but Amin recently discussed with TelecomTV what appeared to be a imminent opportunity with Canada’s Telus).
In total, Symphony claims to have 69 potential customers in its pipeline in addition to the 14 it already has, and aims to generate $1 billion in revenue between now and the end of 2023.
www.reddit.com/r/RakutenUndervalued/...that_rakuten_symphony/