By Juan Pedro Tomás
Rakuten Symphony and Veon will seek to accelerate the reconstruction of the country’s infrastructure, through collaboration on O-RAN
Rakuten Symphony has signed a Memorandum of Understanding (MoU) with telecom operator Veon, with the aim of helping recovery of critical infrastructure in Ukraine, which has been impacted by the prolonged war with Russia.
Under the terms of the agreement, the two companies will seek to accelerate the reconstruction of the country’s infrastructure, through collaboration on Open RAN (O-RAN) and digital services.
The MoU stipulates that the two companies commit to creating “a robust and future-proof telecommunications infrastructure” that can deliver high-speed connectivity enhanced with 5G, enabling the next generation of digital services in Ukraine. The two companies will also explore partnerships in other Veon markets.
Veon is the parent company of Ukraine’s operator Kyivstar and has recently committed to investing $600 million to rebuild Ukraine’s infrastructure. Announcing its investment commitment, Veon referred to the future deployment of 5G technology in Ukraine, for which it says O-RAN technologies are a “compelling” choice.
