South Korea’s largest telco, SK Telecom, has signed a memorandum of understanding (MOU) with Asian communications technology group, Singtel, to jointly grow their metaverse businesses in some Asian markets, starting with Singapore.
As part of this strategic agreement, Singtel will share its 5G and other technology expertise across the Asian Pacific region, while SK Telecom will provide its insights from the operation of its metaverse platform, ifland, in Korea, as well as metaverse-related technologies.