The top mobile operations in South Korea and Japan formed a strategic alliance to promote cooperation and seek synergy in the metaverse, media, and telecommunications infrastructure businesses. They will encourage investment and collaboration in global media content creation and distribution.
On November 21, SK Telecom (SKT) and NTT Docomo signed a memorandum of understanding to upgrade each other’s metaverse services. They’ll talk about how they can connect their services and do joint marketing.
The metaverse is a shared virtual space that was created by combining virtual reality and persistent virtual space. It envisions a future internet of shared 3D virtual spaces linked together to form a virtual universe. SKT ran special promotions to increase Ifland’s popularity.
The two companies agreed to work together to secure intellectual property for popular games and animations in both countries, as well as to invest in metaverse-related content providers and extended reality device makers. “This MOU is very important in that it is an all-around cooperation in the ICT field between telecommunication companies,” said SKT CEO Ryu Young-sang.
SKT and NTT Docomo will talk about co-producing original content for South Korea and Japan, such as dramas and entertainment. If Hallyu content is made available in Japan, Wavve, a South Korean OTT service, will be able to pioneer overseas sales, and NTT Docomo will gain subscribers.
Motoyuki Ii, president of NTT Docomo, stated, “We look forward to creating new services and businesses in the global market through the technology and business experience know-how of the two companies, and to impressing many customers with state-of-the-art services.”
Other areas of collaboration include joint research on 6G technologies as they prepare for a successful 6G era by cooperating with the future use case, and joint work in the global standardization organization and industry to reflect the major requirements of customers and businesses.
Both companies will secure open radio access network (O-RAN) and virtual RAN technologies, which will be in full swing in 6G, and will focus on next-generation mobile network research and development by innovating the mobile network structure into a cloud environment and jointly developing transmission network technology.
The RAN connects a mobile phone, computer, or remote machine to the network’s core. The Open RAN Alliance is a global carrier-led effort to promote openness in 5G radio access networks. It aims to expand and improve radio access networks.
Virtualized RAN (vRAN) software moves base station controller functions closer to the network edge, allowing mobile network operators to pool and adjust radio resources to better accommodate user traffic.
IMPORTANT DISCLAIMER: All content provided on this website, any hyperlinked sites, social media accounts and other platforms is for general information only and has been procured from third party sources. We make no warranties of any kind regarding this content. None of the content should be interpreted as financial, legal, or other advice meant to be relied on for any purpose. Any use or reliance on this content is done at your own risk and discretion. It is your responsibility to conduct research, review, analyze, and verify the content before relying on it.
