SK Telecom, Singtel and AIS have joined forces to launch a new joint venture that will focus on mobile gaming.
TheJV will accelerate research and development into mobile gaming in the 5G era and will explore strategies for securing mobile gaming as a strong, long term revenue stream for its parent telcos.
“Gaming is growing in popularity as digital entertainment for our customers in the region. There are some 200 million gamers in our markets, and the numbers continue to grow. In the past two years, we’ve worked with various partners in the gaming ecosystem on regional e-sports efforts, such as PVP Esports, to connect with Gen Z and millennial audiences. This has received strong support from the community and spurred us to deepen our engagement beyond e-sports into gaming content distribution,” said Arthur Lang, CEO of Singtel’s International Group.
“We’ve built a team of technology and gaming veterans to lead the charge as we take our next big step. By combining our strengths with SK Telecom and AIS, both pioneers in entertainment, e-sports and gaming, we can contribute significantly to the gaming scene – from offering local community engagement solutions to content and payment channels, which are often regarded by game developers as challenges to enter Asian markets. We look forward to launching our new initiative later this year,” he added.
As operators look to recoup some of their colossal 5G capital investments, mobile gaming could be a key oney spinner for telcos, particularly with the advent of network slicing technology.
E-sports and mobile gaming are one of the fastest growing markets in the mobile sector, with uptake being particularly strong in Southeast Asia.