SKT companions with Singtel to develop Metaverse in Asia Pacific

SK Telecom has introduced a memorandum of understanding with Asia’s main communications know-how group Singtel to collectively develop the Metaverse enterprise in nations the place Singtel operates – beginning with Singapore.

Beneath the memorandum, Singtel will share its enterprise and know-how experience throughout the Asian Pacific area and SKT will present its expertise and insights acquired from the operation of its metaverse platform, ifland, in Korea.

SKT and Singtel will start by discussing localization methods for ifland within the Singaporean market. It consists of growing digital areas of real-life locations in Singapore and avatars personalized to the Singaporean tradition and offering them to Singaporean clients by way of joint advertising and marketing actions. 

The 2 corporations will even discover collaborative alternatives in areas akin to quantum cryptography, or superior knowledge encryption, to construct safer networks in opposition to rising threats. 

“This partnership will help showcase the Singtel network’s ultra-low latency, high speed and stable connectivity which is critical to creating an optimal immersive experience in the Metaverse,” stated Anna Yip, Chief Government Officer, Shopper, Singtel.

“Through co-operation with Singtel, we will be expanding our Metaverse business into the Asian Pacific region,” stated Ha Min-Yong, Chief Growth Officer of SKT. “We will work closely with Singtel to create success stories for our Metaverse service in the global markets.” 

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