Tokyo, July 9, 2019 – Rakuten Mobile, Inc. announced that a resolution was passed at the Board of Directors meeting held July 4, 2019 in which “DMM mobile”, the MVNO (mobile virtual network operator) business operated by DMM.com LLC, and “DMM Hikari,” the high quality internet service business operated by DMM.com LLC which utilizes “Flet’s Hikari,” will be transferred to Rakuten Mobile through a company split effective as of September 1, 2019 (tentative). A total of approximately 2.3 billion yen will be delivered as consideration for the company split to DMM.com LLC.
Since its launch in December 2014, DMM mobile has provided a low-cost high-quality mobile communications service, and its domestic MVNO business (SIM-card-based communications business) has approximately 240,000 subscribers (as of June 30, 2019). DMM Hikari is a high quality internet communications service that utilizes the fiber optic lines of NTT Hikari, and serves approximately 20,000 subscribers (as of June 30, 2019).
https://global.rakuten.com/corp/news/press/2019/...mp;category=mobile |