PCCW and HKT are partnering with The Sandbox game to launch a virtual 5G network in the metaverse. With this move, it becomes first communications, media and technology (CMT) organization in Hong Kong to join the metaverse. As part of this collaboration, these two telecom firms will be purchasing an Hong Kong-inspired megacity in the Sandverse.
.@PCCWGlobal #HKT & #AnimocaBrands' subsidiary @TheSandboxGame partner to transform traditional multimedia experience (film, TV & music content) into a #Web3 form. #PCCW will launch the world’s first virtual #5G mobile network into the #metaverse.
More at: https://t.co/NOHQWVxZSO
— Animoca Brands (@animocabrands) May 26, 2022
Details of the PCCW and HKT Virtual 5G Network in Sandbox Metaverse
In that virtual city, it will integrate traditional film, TV and musical entertainment into a web3 environment. In addition, there are plans to introduce eCommerce, financial and healthcare technologies into the metaverse. By doing it, they will be able to build a strong metacommunity. As it aims to offer an innovative 5G experience to the virtual world and ensuring that players enjoy GameFi at an incredible speed.
Both parties are ecstatic about the partnership between these establishments. The COO and co-founder of The Sandbox expressed his satisfaction. Here are the comments of Mr. Sebastien Borget:
“We’re excited to see PCCW and HKT enter the Metaverse and educate their large 5G and broadband user base on the innovations from NFT ownership and Web3 gaming. The heart of Mega City’s neighbourhood is a vibrant cultural hub where PCCW and HKT can bring more talent, players and content, shaping the future of the open decentralized platform together.”
The president of Animoca brands is very happy about the subsidiary’s achievement. Here is what Mr. Evan Auyang had to say:
“We are proud to welcome PCCW and HKT into The Sandbox. It is an honour to have the opportunity to collaborate with the region’s pillars of technology and pioneering vision, and we look forward to a powerful and productive partnership that will be great for both Hong Kong and the open metaverse.”
About HKT Group
HKT is a leading and innovative telecommunications service provider. It offers a unique set of of options. They include fixed-line, broadband, mobile communication and media entertainment services . The company meets the needs of the Hong Kong, as well as the local and international businesses. It also gives a wide range of services, including local telephony, local data and broadband, international telecommunications.
The firm also provides mobile, enterprise solutions, FinTech, e-commerce, big data analytics, media entertainment including the provision of interactive pay-TV services. Other aspects of its telecommunications businesses include customer premises equipment sales, outsourcing, consulting and contact centres. It is also the first telecom organization to bring 5G network to Hong Kong. Since the launch, it has made a commitment to offering speedy internet connection to the entire city.