Seoul, Korea – Telco companies SK Telecom (SKT), Deutsche Telekom, e&, and Singtel have united to establish the Global Telco AI Alliance, aiming to propel the telecommunications industry into a new era of AI-driven transformation and improved customer experience.
The alliance, marked by a Multilateral Memorandum of Understanding (MoU) signing ceremony in Seoul, signifies a strategic commitment to collaborate and innovate in AI technology.
Ryu Young-Sang, CEO of SKT, expressed his excitement about the alliance, emphasizing its potential to revolutionize business models, provide new value to customers, and drive growth within the global AI ecosystem.
Moreover, the Global Telco AI alliance focuses on jointly developing the telco AI platform, integrating diverse technologies to create advanced AI services for telecom, digital assistants, and super apps with dynamic features for customers.
In a statement, Yuen Kuan Moon, Singtel’s CEO, and Khalifa Al Shamsi, CEO of e& Life, believe AI has vast potential to transform the telecommunication landscape and assured customers that the alliance is committed to fast-tracking innovative AI services for businesses and consumers.
Further, Claudia Nemat, board member technology and innovation at Deutsche Telekom, highlighted the importance of the alliance in bridging the gap between Europe and Asia while pursuing an open-vendor approach, ensuring the utilization of the best technology for specific applications.
Meanwhile, key executives of each company were present in person and online to endorse the historic initiative.
