GUGU LOURIE: MTN’s investment in the metaverse could result in rivals picking up the scraps

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The opportunities presented by interactive, digital worlds seem limitless, say JPMorgan in its report ‘Opportunities in the Metaverse’

Gone are the days of easy money and megadeals in the telecoms space. Mobile phone firms that will thrive in the future are those that are diversifying their revenue streams.

Here at home, MTN, an SA-based telco, is now looking to make headway in Africa’s new “metaverse” — a buzzword that will be heard and used a lot more in years to come...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

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