News

Airtel, Meta Platforms forge India digital play

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Bharti Airtel marked the improvement of open RAN and cloud platforms as the next big moves under its latest tie-up with Meta Platforms, with the pair set to focus on advancing India’s digital market by boosting connectivity infrastructure. In a statement, Airtel revealed its ...

SK Telecom launches Metaverse platform globally and outlines 6G plans with NTT Docomo

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South Korean operator SK Telecom (SKT) launched its Ifland metaverse platform in 49 international markets last week. Separately, it signed an MoU with NTT Docomo in Japan to jointly develop metaverse content and new technology for 5G and 6G networks. The international launch ...

SKT, e& make Middle East metaverse play

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SK Telecom (SKT) has inked a deal with operator e& to bring its metaverse knowledge to the Middle East – a collaboration that will include building a platform based on consumer demands. The companies signed a Memorandum of Understanding covering the promotion of the ...

Tech players form metaverse standards group

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Technology and telecoms giants including Meta Platforms, Huawei and Qualcomm jointly launched the Metaverse Standards Forum to develop industry guidelines ensuring immersive VR worlds are compatible. The group will explore how the coordination and implementation of ...

SKT and Deutsche Telekom team up for the Metaverse

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SK Telecom (SKT) has partnered with Deutsche Telekom to bring the South Korean operator’s Ifland metaverse platform to Europe, with scope for a wider joint venture to expand the service. SKT’s Ifland service was launched in July 2021 as a platform for users to make digital ...

MWC22 highlights how vital MNOs are to the future of FinTech 

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Mobile network operators are central to mobile fintech. They provide reliable, global connectivity, products to fight fraud, and have delivered compelling fintech solutions for their customers seeing rapid adoption.  As was discussed at the GSMA Fintech Summit at MWC22 ...

The FinTech Summit at MWC22 Barcelona

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As MWC22 Barcelona fast approaches, for the first time, the GSMA will bring the latest mobile fintech developments to the stage, showcasing success stories and exploring new revenue opportunities for the ecosystem. Sponsored by Knowledge Partner Accenture and FinTech ...

Facebook targets 10,000 for EU virtual world

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Facebook unveiled plans to hire 10,000 people in the European Union (EU) for the development of a new digital environment dubbed metaverse, which the company predicted will unlock future creative, social and economic opportunities. In a blog, the social media giant announced ...

Orange invests €230M, boosts stake in banking unit

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Orange struck a deal to buy a 21.7 per cent stake in its Orange Bank unit alongside unveiling plans to increase the entity’s capital by €230 million, accelerating a strategy of convergence between telecoms and financial services. In a statement, Orange explained it agreed to ...

Rakuten strikes new financial deals and business relationships

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Rakuten aims to raise $2.2 billion by issuing new shares for three major investors: Japan Post (an 8.3% stake), Tencent (3.6%) and Walmart (0.9%). The Japanese operator intends to use the funds to expand its capabilities and innovate further in core fields such as mobile ...

Operators drive new developments in financial services

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MegaFon, Mail.ru, USM, Ant Group and Russian Direct Investment Fund (RDIF) have signed binding agreements to create joint ventures (JVs) in payments and financial services. The JVs will work together to offer digital payment solutions and financial services designed to help ...

UK mobile operators launch new product for businesses to help protect customers from fraud and cyber crime

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The UK’s four mobile network operators – EE, O2, Three and Vodafone – have come together to strengthen consumer safety online, developing a new product for businesses that authenticates user identity for online transactions. The new product, called Number Verify, will help ...