SK Telecom (NYSE: SKM, hereinafter referred to as “SKT”) announced today that it has signed a Memorandum of Understanding (MOU) with e& (formerly known as Etisalat Group), a global technology and investment conglomerate, to jointly promote the business of metaverse. 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.

With 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 service optimally designed to meet the needs of its customers in the Middle East by making the most of its experience gained through the successful operation of…