{"id":4667,"date":"2021-08-04T14:17:48","date_gmt":"2021-08-04T14:17:48","guid":{"rendered":"https:\/\/www.5gworldpro.com\/?p=4667"},"modified":"2021-08-04T14:17:48","modified_gmt":"2021-08-04T14:17:48","slug":"rakuten-to-acquire-altiostar-at-1-billion","status":"publish","type":"post","link":"https:\/\/new.5gworldpro.com\/?p=4667","title":{"rendered":"Rakuten to acquire Altiostar at $1 billion"},"content":{"rendered":"<p>Japan&#8217;s\u00a0Rakuten Group\u00a0on Wednesday 04\/08\/2021 said it will acquire US-based open virtual radio access network (open vRAN) provider\u00a0Altiostar Networks\u00a0Inc., at a total valuation of Altiostar of over $1 billion having as an objective to accelerate the global deployment of open, cloud-native and interoperable network infrastructure.<\/p>\n<p><a href=\"https:\/\/www.5gworldpro.com\/5g-knowledge\/rakuten-reduces-capex-by-sourcing-directly-from-component-vendors.html\">Rakuten<\/a> Group CEO, Mickey Mikitani said : \u201cWe\u2019re delighted to welcome the Altiostar team to the\u00a0Rakuten family as we share a common passion for empowering mobile networks through disruptive innovation, offering mobile operators around the world secure, cost-effective and highly agile technology.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>Altiostar is currently 4G and 5G Open vRAN solutions to global telcos allowing them to shift to webscale cloud-native mobile networks, it is offering its suite of Open vRAN network functions on Rakuten\u2019s fully virtualized, cloud-native platform, the\u00a0Rakuten Communications Platform.<\/p>\n<p>Altiostar Networks CEO, Ashraf Dahod said \u201cBecoming a Rakuten Group company will allow us to build on our foundation and accelerate our technology development to help operators to innovate, explore new business models and bring affordable broadband to the masses through web-scale mobile networks,\u201d added<\/p>\n<p>Altiostar company works with Airtel in India, Dish in the United States, and\u00a0Telefonica\u00a0in Europe and Latam, It also has key partnerships with global companies including RCP, Cisco, VMware, Dell, Fujitsu, IBM\/Red Hat, Intel, NEC, Qualcomm, Sterlite, Tech Mahindra,\u00a0Facebook Connectivity, among others.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan&#8217;s\u00a0Rakuten Group\u00a0on Wednesday 04\/08\/2021 said it will acquire US-based open virtual radio access network (open vRAN) provider\u00a0Altiostar Networks\u00a0Inc., at a total valuation of Altiostar of over $1 billion having as an objective to accelerate the global deployment of open, cloud-native and interoperable network infrastructure. Rakuten Group CEO, Mickey Mikitani said : \u201cWe\u2019re delighted to welcome [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4669,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[451,338],"class_list":{"0":"post-4667","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-5g-knowledge","8":"tag-altiostar","9":"tag-rakuten"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.3 (Yoast SEO v22.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rakuten to acquire Altiostar at $1 billion - E-Commerce Revolution<\/title>\n<meta name=\"description\" content=\"Japan&#039;s\u00a0Rakuten Group\u00a0on Wednesday said it will acquire US-based open virtual radio access network (open vRAN) provider\u00a0Altiostar\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/new.5gworldpro.com\/?p=4667\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rakuten to acquire Altiostar at $1 billion\" \/>\n<meta property=\"og:description\" content=\"Japan&#039;s\u00a0Rakuten Group\u00a0on Wednesday said it will acquire US-based open virtual radio access network (open vRAN) provider\u00a0Altiostar\" \/>\n<meta property=\"og:url\" content=\"https:\/\/new.5gworldpro.com\/?p=4667\" \/>\n<meta property=\"og:site_name\" content=\"E-Commerce Revolution\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-04T14:17:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/new.5gworldpro.com\/wp-content\/uploads\/2021\/08\/rakuten-altiostar.png\" \/>\n\t<meta property=\"og:image:width\" content=\"393\" \/>\n\t<meta property=\"og:image:height\" content=\"128\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/new.5gworldpro.com\/?p=4667\",\"url\":\"https:\/\/new.5gworldpro.com\/?p=4667\",\"name\":\"Rakuten to acquire Altiostar at $1 billion - 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