SK Telecom signs MOU with Singtel to expand technology cooperation

SK Telecom Co., South Korea's major mobile carrier, said Monday it will join hands with Singapore's leading telecommunications company, Singtel, to improve their next-generation network technologies as part of efforts to take the helm of the global telco market. Under the memorandum of understanding, SK Telecom and Singtel will push for expanding technology cooperation in telecommunications network engineering, operation and solutions as well as in artificial intelligence (AI), according to the Korean company. In detail, the two companies plan to collaborate on studying edge AI infrastructure, advancing fifth-generation network technologies and developing sixth-generation network services. Edge AI refers to a technology that helps telcos deploy AI algorithms and AI models directly on local edge devices without constant reliance on cloud infrastructure. "SKT and Singtel's cooperation is an important first step in creating the future of the global telecommunications industry," Kang Jong-ryeol, head of SK T elecom's ICT infrastructure division, said. Source: Yonhap News Agency