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5G networks

Rakuten to export low-cost 5G tech to German telecom

Virtual network deal with 1&1 seen worth more than $2bn

Rakuten Mobile launched its wireless communications business in Japan last year. (Photo by Kosuke Imamura)

TOKYO -- Rakuten Group has agreed to export its low-cost virtual 5G telecommunications technology to German wireless carrier 1&1, the Japanese tech conglomerate said Wednesday, in a deal believed to be worth more than $2 billion.

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