On July 27, SK telecom held the “Global Telco AI Alliance CEO Summit” in the Seoul Walkerhill hotel, attended by key executives from leading global telecommunications companies in Europe, the Middle East, and Asia. SK telecom and other global telecommunications companies have come together as one team to lead the changes in the landscape of the AI industry.

SK telecom announced that it hosted the “Global Telco AI Alliance CEO Summit” in Seoul Walkerhill on July 27, attended by Chey Tae-won, chairman of SK Group, Yoo Young-sang, president of SK telecom, and key executives from leading global telecommunications companies in Europe, the Middle East, and Asia.

At the event, the Global Telco AI Alliance, led by SK telecom, Deutsche Telekom, e&, and Singtel, was officially launched.

Chey Tae-won hosted the summit, which was attended both online and offline by Claudia Nemat, deputy CEO of Deutsche Telekom; Hatem Dowidar, CEO of e& Group; and Yuen Kuan Moon, CEO of Singtel Group. Key executives of SK telecom, including President Yoo and Jeong Seok-geun, head of global AI tech business, participated to discuss strengthening business cooperation to lead the global AI ecosystem.

At the summit, SK telecom, Deutsche Telekom, e&, and Singtel launched the Global Telco AI Alliance and signed a business agreement for cooperation in the AI business. The four companies agreed to jointly develop a Telco AI Platform based on core AI capabilities.

The Telco AI Platform will play a pivotal role in planning new AI services, including joint construction of a Large Language Model (LLM) for developing AI agents for each telecommunications company in the future.

Chairman Chey, who attended the summit in person, congratulated the launch of the Global Telco AI Alliance, urged global telco business leaders to gather strength, and proposed transforming into AI companies that provide new and innovative communication experiences.

President Yoo urged everyone to join forces in creating new value by sharing and cooperating on the AI technologies and expertise that each company owns, with the theme of “sharing the vision of the Global Telco AI Alliance.” He emphasized the necessity for a major AI transition of telecommunications companies.

Claudia Nemat said, “Through the Telco AI Alliance, we expect to develop applications for telcos to maximize the potential of generative AI for our customers and industries,” and stated, “The launch of this alliance will be an important milestone for our industry.”

Source: BusinessKorea