Bills are piling up for Rakuten’s mobile accident

Stephen Givens is a corporate lawyer based in Tokyo.

Ten years ago, the realization that mobile telecommunications networks are a capital-intensive, low-margin, mature, overburdened and sticky business led SoftBank Group’s Masayoshi Son to change direction and launch an ambitious, but now failed, global investment wave in startup e-commerce platforms. with limited hard assets, such as WeWork.


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