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AI report explores the real-world values for telcos – and how to get them

AI is the hottest topic in telco right now but it’s hard to cut through the hype and understand exactly where the real benefits are

Mobile Europe has published a new report, AI – Real-world values for telcos. It is designed to help readers to see beyond the general aims of cutting network and operational costs while improving the performance of both, and delivering better customer experience. It was researched and written by Charlotte Patrick, an independent industry analyst who specialises in the use of artificial intelligence, automation and analytics by telecom companies. Her areas of interest are the uptake and efficacy of these technologies and the resulting financial benefit.  

As Patrick notes, these ‘top-level’ demands are piled onto operators at a time when budgets for deploying new technology are squeezed. Hence the crucial question is, how can telcos ensure a return on investment when deploying new intelligence?

The answer should start with plans to deploy the simplest and most efficient solution to meet daily requirements while simultaneously building experience with newer types of intelligence. The goal is to add value in future and support more complex needs such as those in the higher levels of TM Forum’s autonomous network model.

Read this research report published by Mobile Europe to find out:

• where the biggest opportunities are for AI

• the range of AI we expect to bring value to telcos in the short to medium term, illustrated with case studies

• the expected benefits of these experiments and deployments

• the considerable barriers that could prevent success

• recommendations, questions and check lists to help telcos navigate potential pitfalls and obstructions

Download the report from here

Cellnex completes sale of Austrian assets for €803m

The acquiring consortium comprises a number of large European funds

Cellnex Telecom has completed the sale of its Austrian assets to a consortium for for €803 million. The deal was announced on 9 August and covers about 4.600 sites in Austria. The consortium comprises Vauban Infrastructure Partners, (through Vauban’s Funds), EDF Invest, the investment arm (in non-listed assets of EDF Group) and MEAG, the asset manager of Munich Re and ERGO.

Cellnex started operating in Austria in early 2021, when it finalised the acquisition of CK Hutchison’s sites in the country. This was part of the agreement to acquire CK Hutchison’s infrastructure portfolio in six European countries, Ireland, Denmark, Sweden, Italy and the UK as well as Austria for €10 billion.

Marco Patuano, CEO of Cellnex, noted, “the closing of the sale of our Austrian business will allow us to further consolidate, simplify and focus our efforts on growth opportunities in the main markets in which we operate, as well as on the balance sheet and the acceleration of shareholder remuneration, thus fulfilling our commitments to the market.”

Cellnex is Europe’s largest towerco, managing a portfolio of more than 130,000 sites, including the planned deployments up to 2030, in 10 European countries. Its strongest markets are its domestic market of Spain plus France, the UK, Italy and Poland.

AI – Real-world value for telcos | Research Report by Mobile Europe

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AI is the hottest topic in telco right now but it’s hard to cut through the hype. This report is designed to help readers to see beyond the general aims of cutting network and operational costs while improving the performance of both, and delivering better customer experience.

All these demands are being piled on operators at a time when budgets for deploying new technology are squeezed, so a crucial question is how can telcos ensure a return on investment when deploying new intelligence? 

The answer should start with plans to deploy the simplest and most efficient solution to meet daily requirements while simultaneously building experience with newer types of intelligence. The goal is to add value in future and support more complex needs such as those in the higher levels of TM Forum’s autonomous network model.

Read this research report published by Mobile Europe to find out:

  • where the biggest opportunities are for AI
  • the range of AI we expect to bring value to telcos in the short to medium term, illustrated with case studies
  • the expected benefits of these experiments and deployments
  • the considerable barriers that could prevent success
  • recommendations, questions and check lists to help telcos navigate potential pitfalls and obstructions

Please complete the form below to receive your free copy of this report

Telenor’s IoT customers gain access to Verizon Business’ network in the US

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The two announced a strategic partnership in July 2023 with the aim of simplifying and improving connectivity on a global scale

From this final quarter of 2024, Telenor’s IoT customers with connected devices in the US can gain “seamless local access” to Verizon Business’ cellular IoT network in the US. The partnership with Verizon Business will complement Telenor’s global roaming access and give Telenor customers the option of eSIM-based local access on Verizon’s network in the US.

Telenor IoT provides access to networks in more than 200 countries using a combination of roaming and local access. The operator says this is an important step after the strategic partnership it announced in July 2023 with Verizon Business, aiming to simplify and enhance connectivity on a global scale.

TJ Fox, SVP of Industrial IoT and Automotive, Verizon Business, stated, “Verizon Business is proud of its relationship with Telenor for reciprocal IoT connectivity in Verizon’s expansive US footprint and Telenor’s EMEA and Asia-PAC coverage areas. Global reach is increasingly important for our customers who do business across international borders, and partnerships like this one help our customers maintain seamless connectivity to their expanding fleets all over the world.”

Single pane of glass

The latest announcement means customer will have full control and can manage their devices through a single pane of glass, according to Telenor, optimising and managing connectivity or choosing when to use roaming and when to use local network access. At the press of a button, a device can switch to a Verizon Business eSIM to access Verizon’s network infrastructure across the US.

Telenor states that customers can benefit from lower latency and higher data throughput which is particularly important in applications like payment solutions for consumers. Also, the move is designed to ensure that customers can get the performance they need for demanding 5G applications, like real-time data and high bandwidth uses. It also helps meet regulations for certain services that require data to stay within a specific country.

Strategic investment

Mats Lundquist, CEO of Telenor Connexion and Head of Telenor IoT, says, ”This is an important step in our strategic investment in expanding network availability and quality of service for our international customers. Through our partnership with Verizon Business, we offer the opportunity to deploy devices on the best network in the US while maintaining a single global SKU [stock keeping unit] and seamless management of connected devices.

“We have a clear commitment to constantly working on improving IoT services for our customers and have a strong roadmap to expand both local network access and regional points of presence network.”

e&, Nokia claim world-first fixed network slicing E2E

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The solution automatically allocates network resources across in-home, access and transport networks, promising better monetisation of infrastructure

e& UAE is apparently the first operator in the world to use Nokia’s slicing solution for fixed networks. According to the Finnish vendor its solution can “create a dedicated end-to-end network to meet the speed and latency demands of gaming applications”.

Part of a trial was conducted in e& UAE’s Abu Dhabi labs and highlights various ways operators can use network slicing. During the trial, slices were created across the in-home Wi-Fi network and fibre access network to meet end-to-end quality of experience.

The solution includes Nokia’s Altiplano, Corteca and NSP domain controllers. It allows operators to create a cross-domain network slice with standard-based specifications to deliver the premium services to end-users, either on-demand or autonomously. 

Operators can activate a dedicated slice for TV streaming or cloud gaming, or set up a slice for home working and enterprise applications. Each one can have different network characteristics depending on their requirements such as routing, bit rate, QoS, latency and security.

Using Nokia’s solution e& UAE was able to detect automatically when a new gaming console came online and set up, on demand, a dedicated network slice. The trial highlights ways in which operators could better monetise their fixed networks through slicing.

Abdul Rahman Al Humaidan, Vice President of Fixed Access Network at e& UAE, said, “We aim to incorporate cutting-edge technological advancements into our network…This approach ensures the delivery of an exceptional digital experience while addressing diverse service needs effectively and enhancing return on investment.”

Mohamed Salama, Head of Fixed Networks, Middle East & Africa at Nokia, added, “This trial sets a new benchmark in the industry and lays the foundation for future autonomous networks that can deliver premium services to customers in a whole new way.

“Our slicing solution is uniquely positioned to help operators like e& UAE maximize network investments, optimize resources and create new services for applications like gaming that have the power to enhance customer experiences and increase customer retention.”

Eutelsat opts for Airbus to expand OneWeb’s LEO constellation

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The first spacecraft are due for delivery by the end of 2026 and pave the way for the IRIS2 constellation announced by the EU earlier this week


Eutelsat Group has selected Airbus Defence and Space to build 100 new satellite for the extension to its OneWeb low Earth orbit (LEO) constellation. Under the contract with Airbus, the first batches are due for delivery by the end of 2026.

The new satellites will include upgrades including 5G on-ground integration. They will be technologically compatible with Europe’s IRIS2 constellation, announced earlier this month, paving the way for its entry into operational service in 2030. Eutelsat will be the main architect of IRIS2 and operate the LEO segment.

The procurement of these satellites is integrated within Eutelsat’s Capital Expenditure outlook for 2025, and compatible with its longer-term financial framework, Eutelsat said.

Eva Berneke, CEO of Eutelsat Group (pictured0, commented: “We are relying on our long-standing partner, Airbus, to begin building the first batches of the Next Generation of our OneWeb LEO constellation, which will ensure we deliver continuity of service of the existing constellation with enhanced service features, as we move towards an architecture in line with the IRIS2constellation in 2030.

“Our in-market experience shows us that the appetite for low Earth orbit capacity is growing rapidly, and we are excited to embark on the next stage of our journey to satisfy that demand.”

Eurofiber partners Quantum Bridge, Juniper for quantum-based security

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Distributed symmetric key establishment (DSKE) does not rely on asymmetric cryptography which some experts say could be cracked within five years

Eurofiber announces a strategic partnership with Quantum Bridge, a pioneer in distributed symmetric key establishment (DSKE) technology, and Juniper Networks. “This collaboration makes quantum-safe communication solutions and expanded secure data transfer capabilities available for organizations across Eurofiber’s network,” according to the press statement.

Eurofiber says the steady increase in cyber threats and evolving global regulatory requirements are driving demand for quantum-safe encryption. Eurofiber is partnering Juniper Networks and Quantum Bridge to integrate “post-quantum cryptography” into its network infrastructure. The international operator claims this “partnership positions the companies at the forefront of the emerging quantum technology market, securing these networks from cyberattacks using a quantum computer by combining Juniper Networks’ SRX firewalls with Quantum Bridge’s DSKE technology”.

Quantum Bridge’s DSKE technology does not rely on asymmetric cryptography, which is a widely used part of today’s encryption and vulnerable to cyberattacks. It relies on DSKE which it describes as “unbreakable” and says it “seamlessly integrates with existing firewalls and infrastructure” so Eurofiber can offer scalable security to clients.

“Quantum computers capable of breaking today’s asymmetric encryption may be as little as five years away according to some experts,” said Melchior Aelmans, Chief Architect & Quantum Lead at Juniper Network.

“It is therefore vital to act now to protect sensitive data and networks. This is why, together with Eurofiber and Quantum Bridge, we have developed a simple and easy-to-implement system which works with existing network infrastructure, making it easy for government corporations and other key stakeholders to protect their systems.”

DSKE is used by financial institutions, enterprise clients and service providers because it automates the creation and distribution of symmetric keys, without relying on computational complexity or asymmetric encryption. DSKE combines the scalability of public key infrastructure (PKI), the security of quantum key distribution (QKD) and the simplicity of pre-shared keys.

Quantum-safe financial systems

Recently, Eurofiber showcased DSKE technology in a high-security environment at a meeting of central banks in Rome, where representatives from G7 countries discussed cryptographic risks associated with the advancement of quantum computing.

Eurofiber demonstrated how the Quantum Bridge’s DSKE technology, combined with Juniper Networks SRX firewalls, can play a leading role in securing the financial system from attacks by malicious actors using quantum computers.

“Our collaboration with Eurofiber and Juniper Networks represents a significant step forward in delivering quantum-safe communication solutions to a rapidly expanding pool of customers. By integrating our DSKE technology into Eurofiber’s infrastructure and Juniper’s SRX firewalls, we’re not just addressing current security needs but also preparing for the challenges of tomorrow’s digital landscape, said Mattia Montagna, CEO of Quantum Bridge. 

Autonomous networks, automation, and AI demand new approaches in OSS/BSS – Interview with Jason Keane, Ericsson

NOTE: This is one of two interviews we recorded with Jason Keane on this topic - CLICK HERE to watch the other video. 

Jason Keane, Head of Portfolio for OSS and BSS at Ericsson, talks about the evolution of autonomous networks, from replacing manual operations to intent-based networks, and how increasingly sophisticated automation creates new business opportunities.

Autonomous networks are progressing, Keane says, but it is a comprehensive goal, involving many elements and domains, from the RAN to the transport and core networks, plus the OSS and BSS. They must all work in harmony to achieve the ultimate goal of intent-based networks, enabled by full automation.

Keane explains, “I set an intention and a network automatically adjusts to meet that intent. It’s quite a large vision, a broad step from where we are today.”

He adds, “Ultimately, the reason you want to get on to being an autonomous network [is that] it allows you to improve operational efficiency within operations and within the business itself, so that you can focus on top line growth and the core value you’re bringing, not necessarily in running a technical system, but by delivering service to your customers.”

There are “clearly defined milestones and levels you can get to achieve this,” he adds, referring to TM Forum’s Autonomous Networks (AN) model. It is designed to help operators monitor and benchmark their progress, as he explains, from Levels 0 to 5, which is fully autonomous. In Ericsson’s experience, most operators are currently targeting Level 4.

Keane notes that automation is underway in parallel with operators modernising their architectures to around cloud native principles, which also contribute to dynamic scaling and management.

As the networks become increasingly complex, static automation, such as closed loop, is insufficiently sophisticated, whereas AI can generate if-then statements to provide the best response in the network. This is complemented by service orchestration and assurance, such as offered by Ericsson, to instantiate services and deal with faults dynamically.

Keane outlines the third critical element of the journey towards intent-based networks, APIs. They are essential for seamless integration between the various network components. Ericsson complies with TM Forum Open APIs, he says, and is also supporting and promoting them in a number of ways.

He gives advice about where and how to start, and use cases, and concludes with the encouraging view that, “When you start, it might look very long and very arduous… but each step the key for us and key for our customers – we bring business value. We bring more robust operation efficiency, or the opportunity of growing the top line that will keep the journey going.

This interview was sponsored by Ericsson. To learn more, visit: OSS/BSS evolution for successful 5G monetization – Ericsson


Transcript:

Lightly edited for clarity

<AT – Annie Turner> Hello and welcome. Today we are going to talk about autonomous networks, automation and AI, and how they are demanding new approaches in OSS and BSS.

I’m delighted to welcome Jason Keane, who’s Head of Portfolio for OSS and BSS at Ericsson, to talk to me about issues surrounding that topic.

Welcome, Jason.

<JK – Jason Keane> Thank you Annie.

<AT> Maybe we can start by you explaining to me in what ways autonomous networks, automation and AI, demand new approaches, and maybe why?

<JK> Sure. If you start with autonomous networks and what they are, because there’s a lot of hype and a lot of excitement in the industry about this.

I suppose at a very simple level, autonomous networks are a way to describe what you’d like to happen, and then the networks would simply comply and do what you want to happen.

Another word that sits on top of autonomous is intent, where you say – I set an intention and a network automatically adjusts that intent.

It’s quite a quite a large vision, or quite a broad step and vision from where we are today.

It’s journey the whole industry is taking, and there’s actually clearly defined milestones and levels to achieve this, but it is absolutely a journey.

What we see today with autonomous networks is as people progress, the more you realize that you need to actually do more. It’s actually quite a comprehensive vision.

But ultimately the reason you want to get on to being an autonomous network and move on that path is, it brings in a level of automation. It allows you to improve operational efficiency within your operations, within your business itself, so you can focus on top line growth and then your core value that you’re bringing, not necessarily running a technical system, but delivering service to your customers.

In terms of AI and what it can mean, there’s many different components across when we talk about autonomous networks. We have the RAN, we have the core, we have the transport function, we have the OSS, the BSS – which is my domain – and ultimately, all of these need to work in harmony.

They need to work together in alignment, passing the right information,

the context of the information together very quickly, very accurately and ultimately, that has to be relevant.

The glue that can help bring all of this together is artificial intelligence or generative artificial intelligence, and information underlying it such that you can no longer have to worry about manually configuring a system, or manually operating, or manually deploying it.

You simply set an intent and the system complies with it.

<AT> Interesting.

After such a long time of us talking about seamless and zero touch end to end operations, we are still, as you say, on the journey and very much so.

Networks are not autonomous yet. That means we’re still in the transition towards that goal.

How can we move from the old way of doing things to this new way?

<JK> I fully agree with you, we’ve been on the zero touch forever.

I think right now the tooling has reached a level of sophistication that we can get there.

When we talk about a transition state moving from not autonomous yet, the TM Forum have defined an autonomous network framework, which is very useful and it defines levels Zero to Five.

Zero is maybe not so interesting – everything is manual – to Five where it’s fully autonomous.

Most people are targeting level Four today because maybe that’s where the tooling can get to right now. And as we evolve as an industry with technology, we’ll get better.

But it’s a way that everybody can assess their progress towards it.

Ultimately, like any transformation, it’s a stepwise approach. But in the OSS and BSS space we are advancing with areas where the underlying infrastructure you simply have to move with cloud-based principles, cloud-native based principles.

In other words, you can scale up, down, left, right, dynamically as your business sees fit. This requires modernizing the architecture, you simply have to modernize it.

If you want to automate it, you want to scale it. You want to deliver the services. You want to let it self-manage. You have to modernize it.

The other thing as well is – the network doesn’t exist on its own.

When you look at, even throughout BSS and the RAN and anything else, there’s different components that will deliver different functionality and you want seamless integration between them.

For example, in Ericsson we comply with TM Forum Open APIs. That is as much for us to help be standard, compliant, as to allow our customers, to define the right way to integrate, to remove the complexities of integration.

I suppose what we’re actually trying to do with customers here is, we’re trying to change the engine of the car while driving. We’re driving down the road, and we’re asking to change the actual engine. You can’t do this big bang.

So it’s also okay to realize this is a journey we’ve got to get on.

But every step you take on the journey should move you towards the end goal of a fully autonomous network. It’s quite a complex area and a stepwise approach you need to take to get there.

<AT> Yes, the TM Forum model is really widely cited and many people find it really useful, as a benchmark as well as, setting goals.

As networks become more autonomous, and complexity increases, how are you going to manage that? It’s a bit of a conundrum, isn’t it?

Because we’re looking to autonomous networks to address complexity but in itself,

that’s quite a complex manoeuvre. How does that work?

<JK> It’s rather circular, isn’t it, which is a fair question.

I think the first thing is – the fundamentals of automation don’t go away. You just simply have to automate.

The problem we have with automation of course is, previous automation is quite static.

But ultimately, you’re right – they’re going to get more and more complex.

The reality is you can’t manage all that manually. You have to use automation tools

to automate tasks and this is a critical success factor for CSPs, for our customers they have to simply use it.

What’s different, though, with the automation is that previously when we’ve done automation, it’s been rather rigid, for example, in the parlance of developers, it’s an if-then statement. If this happens, then do this. If then this happens, then do this.

You can’t manually code that. You can’t statically do that for your entire network. It’s too complex.

In the automation this is where AI is helping. It can understand you saying – okay this is the situation I’m in, it’ll generate the if-then statement on the fly for you and figure out what is the best action I can take to move this to the next step.

The tooling has matured. For example, if we take our Service Orchestration and Assurance, which is a product we have in Ericsson, that actually turns on the service, instantiates to serve an assurance for you.

It can give differentiated connectivity in network slicing. It does that

rather simply. We said – I would like the service turned on. It’ll go on. It’ll turn on the elements. And if the elements themselves can’t be turned on because they’re busy, or they’re reserved, or they’re unavailable, it just doesn’t fail.

It asks – OK, maybe I have an order fallout here, maybe I have an issue here, what is the next step I take to deliver the service to the customer?

So even if it’s very complicated, the system takes the heavy activity out of making the service available.

And today we’re already automating service life cycles for many of our customers –Telia, Telstra, Rogers. So, we’re seeing it today.

Ultimately what it is for us, it’s about keeping the actual complexity hidden or pushing the complexity into the system which can self-manage itself.

<AT> Okay, so there’s a great example in service orchestration and assurance.

And I think these are topics that have really shot up in most operators’ agendas.

There’s so many ways in which we can expect to see automation and AI impact CSP’s businesses and operations.

Which areas or functions do you think hold the most promise?

<JK> Each of our customers will have a pain point area.

Where should they focus on this pain point area? But maybe I’ll give you some examples of where I see across the global organization, ones that are maybe sticking in our customers and make sense for our customers.

I suppose at the very top of it, in the core commerce area is where it actually starts, where you decide to buy something or you’re making the commercial offer.

Because, at the end of day, you need to sell something to make money.

One thing that’s helping here, or one of two things – is guided selling. What guided selling means is that I can go along instead of just saying to you, buy this service for X amount of money, I can upsell you. Actually, if you buy the service, I can give you a guaranteed SLA on the service or I can give you flexible pricing.

If you pick the service at this point in time, I can maximize the amount of revenue I can take for a customer.

Same issue is – I’ve got to sell you something you could buy. I need to make sure it happens and make sure it turns on.

One area you see is what we call order fallout. Order fallout is where the customer asks for something and for some reason, the network’s not able to turn it on. There’s an issue with the data, there’s an issue with the service. What we have is order fallout detection and prediction – before I even attempt to sell it to you, I make sure I can fulfil it and fulfil it in a timely fashion so your experience improves.

We see other examples coming in from customers in smart pricing. This is a new dimension that we see. Because what happens typically is static pricing.

In other words, the cost of doing something will be X amount of dollars per minute, per hour, per day, whatever else.

And for sure, we’re used to doing bundles at the weekend, you can get X amount of money off. But I can say to you – this is not peak time, so if you’d like to use a service here, I can give you a new price for this, I can incentivize you in smart pricing.

Other areas I see globally, this is the big area in this moment, is called intent-driven service management.

I see a huge interest in this. Why? Because this is the most complex and maybe cost demanding areas within a within our customers., So, if we can fix this and we can push forward to fix this, they will actually improve their operational efficiency such that they can help their business overall.

And this is how we’re helping customers today. We’re helping them saying – we have a tool called ESOA [Ericsson Service Orchestration and Assurance]. We’re intent-driven. We can do the service management. We can take the heavy lifting, do the heavy automation for you to instantiate your service.

Overall I suppose, Annie, it’s a journey, it’s a marathon not a sprint.

I think today it’s important that we keep it as manageable chunks of work, keep working on an impacting area more and more, until they come together and build up to be an autonomous network in the most useful way for you.

<AT> Okay, so really we’re thinking about building, automation in steps along the way and how we join those steps together.

This is the definition of a journey.

<JK> It is, absolutely. I think I think the thing is that while the journey we start might look very long and very arduous, each step is important, but in each step, the key for us and the key for our customers, we bring business value.

We bring that more robust operational efficiency or bring the opportunity of growing top line that will keep the journey going.

So you’re getting the benefits every time you take a step. It’s not a case of you having to wait till the whole thing is complete. That’s the real key thing when you’re thinking about investment and planning.

<AT> Jason, thank you very much indeed.

<JK> Thank you very much Annie.

Sylva Project launches v1.2 of telco cloud stack

The open-source initiative was set up in 2022 – participants include Europe’s biggest operator groups under the auspices of the Linux Foundation

The telco cloud stack initiative, Project Sylva, has released v1.2 of its software stack. The announcement says that the update “introduces key enhancements aimed at improving scalability and performance, particularly in containerising workloads and optimising cloud-native operations for telecom operators”.

Project Sylva was launched in 2022 and members include Deutsche Telekom, Orange, Red Hat, Suse, Telefónica, TIM and Vodafone. Its purpose is to develop “a cloud-native, scalable, and energy-efficient telco cloud infrastructure that will meet the evolving demands of modern telecom services. This infrastructure will support technologies such as Open RAN, edge computing, and AI-driven networks,” the Linux Foundation stated.

“I’m glad to see that Sylva continues to deliver at a regular pace, bringing significant additional features and including some for the telco & IT convergence. This release goes one step further towards our production requirements and deployments over our international footprint,”  comments Guillaume Nevicato, Orange Telco Cloud Product Manager and TSC Co-Chairman of the Sylva project

Kai Steuernagel, VP of Cloud Technology at Deutsche Telekom, adds, “While Sylva continues to deliver these new releases, the project also puts its focus on a longer-term view and how it should evolve in the future where new challenges arise. There is still some time until 6G will be deployed, but the time should be spent wisely to close the gap of the fast evolving IT cloud technology and the NT [network technology] space and eventually open the game for a true conversion.” 

The full white paper is available here.

SK Telecom to dump ifland metaverse to double down on AI

The metaverse was super hot in 2020 and some said it was the future of the internet, but now it is all but written off as a pandemic era fad

SK Telecom will cease operating its ifland metaverse on 31 March next year. It was launched to much fanfare in 2020 and allowed users to engage in a community as avatars and in personal spaces. The operator will instead focus on AI. ifland was seen as a phenomenon that could be exported to other countries after huge early success.

In May 2022, Deutsche Telekom announced it would work with SK Telecom to bring ifland to Europe and other Asian operators were interested too.

This is widely interpreted as a shift away from web3 technologies, including the metaverse, to AI after the huge impetus created by OpenAI and ChatGPT. It remains to be seen if Apple’s approach, spatial computing, takes off. Launched in 2023, its expensive headset does not seem to have set the world on fire so far.

KT has already axed its Meta Lounge and Genieverse services, while LG Uplus has postponed the launch of its business metaverse MetaSlap, according to Business Korea. It also reports that among major domestic metaverse services, Naver’s Zepeto is one of the few still in operation.

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