BRIEF-Rakuten To Offer Satellite-To-Cell Service In Japan With US Startup - Nikkei

AST SPACEMOBILE INC

AST SPACEMOBILE INC

ASTS

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June 23 (Reuters) - Rakuten Group Inc 4755.T:

  • RAKUTEN TO OFFER SATELLITE-TO-CELL SERVICE IN JAPAN WITH US STARTUP - NIKKEI

  • RAKUTEN GROUP WILL FORM SATELLITE JOINT VENTURE IN JAPAN WITH AST SPACEMOBILE THIS YEAR - NIKKEI

  • SATELLITE-TO-SMARTPHONE SERVICE WILL BE ROLLED OUT IN PHASES STARTING AT THE END OF 2026,SAYS RAKUTEN CEO - NIKKEI

  • PARTNERS WILL HAVE ROUGHLY EQUAL STAKES IN JV, BUT RAKUTEN WILL TAKE LEAD IN MANAGEMENT, SAYS CEO - NIKKEI


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