SK Telecom (SKT) announced on November 29 that it has signed a Memorandum of Understanding (MOU) with Asia’s leading communications technology group, Singtel, to jointly grow the metaverse business in countries where Singtel operates, starting with Singapore. .

Under the MOU, Singtel will share its business and technology expertise across the Asia-Pacific region, and SKT will provide experience and insights gained from operating its metaverse platform, ifland, in Korea.

SKT and Singtel will begin by discussing localization strategies for ifland at the…