Singtel, WDS Company, a subsidiary of AIS and SK Telecom invest in a new gaming joint venture

The joint venture will partner with leading international game developers, and leverage the partners’ Korean and Southeast Asian gaming and entertainment content offering to engage the 800 million gamers in the region. It will benefit from Singtel’s deep regional knowledge, digital and telco assets, SK Telecom’s expertise as a pioneer in Korean entertainment and gaming, and AIS’ experience in esports and digital content.

Mr Alistair David Johnston, Managing Director of New Business at AIS, said, “The games market in Thailand is showing remarkable growth. There are over 27 million active gamers across all platforms, with revenue in 2019 exceeding 23 billion baht, and expected to increase to 27 billion baht in 2020. AIS has been a pioneer in the Thai esports space, hosting several successful tournaments. AIS’ industry-leading fixed and mobile networks also provide a great gaming experience to our customers. We are very excited to be joining forces with Singtel and SK Telecom in developing this new venture. We aim to provide a great experience to all gamers in Thailand and across the region.”

Mr Arthur Lang, CEO of Singtel’s International Group, said, “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 esports 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 esports into gaming content distribution. 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, esports 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.”

“SK Telecom is delighted to participate in the joint venture with Singtel and AIS,” said Mr Charles Huh, Vice President and Head of Private Placement Group at SK Telecom. “Building on our extensive experience in the area of gaming, which includes the successful establishment of T1, a global esports joint venture with Comcast Spectator, and long-standing leadership in mobile game distribution in Korea, SK Telecom will help create a new level of gaming experience by providing popular Korean gaming content throughout the Asia-Pacific region.”

The joint venture is not expected to have a material impact on Singtel Group’s financials.

About AIS

Advanced Info Service Public Company Limited or AIS, the no. 1 leader in Digital Life Service Provider, which has the most spectrum for service, total 1450 MHz, and has the most amount of users over 42 million subscribers (as of December 2019). AIS is ready to drive Thailand with innovation from 5G technology by 3 businesses such as Mobile phone service, High-speed internet service under the brand of AIS Fibre, and digital services in 5 domains, including video, cloud, digital payment, Internet of Things (IoT), and services with partners, as well as expanding into new business groups like AIS eSports services, and AIS Insurance service. All of this, to support the strength of the digital infrastructure of the country, including increasing the capacity of the industrial sector and improving the quality of life for Thais at the same time.

For more information, please visit www.ais.co.th

About Singtel Singtel is Asia's leading communications technology group, providing a portfolio of services from next-generation communication, technology services to infotainment to both consumers and businesses. For consumers, Singtel delivers a complete and integrated suite of services, including mobile, broadband and TV. For businesses, Singtel offers a complementary array of workforce mobility solutions, data hosting, cloud, network infrastructure, analytics and cyber-security capabilities. The Group has presence in Asia, Australia and Africa and reaches over 710 million mobile customers in 21 countries. Its infrastructure and technology services for businesses span 21 countries, with more than 428 direct points of presence in 362 cities.

For more information, visit www.singtel.com

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About SK Telecom

SK Telecom is the largest mobile operator in Korea with nearly 50 percent of the market share. As the pioneer of all generations of mobile networks, the company has commercialized the fifth generation (5G) network on December 1, 2018 and announced the first 5G smartphone subscribers on April 3, 2019. With its world’s best 5G, SK Telecom is set to realize the Age of Hyper-Innovation by transforming the way customers work, live and play.

Building on its strength in mobile services, the company is also creating unprecedented value in diverse ICT-related markets including media, security and commerce.

For more information, please contact [email protected] or [email protected].

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