SK Telecom (SKT) has signed a memorandum of understanding (MOU) with e& (formerly known as Etisalat Group), a global technology and investment conglomerate, to jointly promote the metaverse business in the Middle East.

According to the MoU, SKT and e& agreed to jointly promote the metaverse business in countries where e& provides telecommunications services, such as the United Arab Emirates and Saudi Arabia.

Building on its strong presence in the Middle East market, e& will provide SKT with customer information, business model development and service offerings. SKT will develop a metaverse…