US telecommunications company AR is extending its collaboration with augmented reality (AT&T) technology start-up Magic Leap to cover business solutions. Following a July 2018 agreement to make AR the sole US wireless carrier for the start-up's AT&T headsets, the two firms will now also work together on manufacturing, retail and health care, where the service provider will offer connectivity for AT&T, mixed reality and spatial computing over its 5G network. Shipments of AT&T and virtual reality headsets are expected to shoot up from 1.75 million units in 2018 to 33.7 million in 2022, meaning significant potential revenue for both companies.
US telecommunications company AT&T is extending its collaboration with augmented reality (AR) technology start-up Magic Leap to cover business solutions. Following a July 2018 agreement to make AT&T the sole US wireless carrier for the start-up's AR headsets, the two firms will now also work together on manufacturing, retail and health care, where the service provider will offer connectivity for AR, mixed reality and spatial computing over its 5G network. Shipments of AR and virtual reality headsets are expected to shoot up from 1.75 million units in 2018 to 33.7 million in 2022, meaning significant potential revenue for both companies.