Mark Zuckerberg Wants New and Better Networks For Metaverse Ambitions

Facebook parent Meta Platforms Inc FB will not realize its "metaverse" ambitions without drastic improvements in current telecoms networks, CNBC reports.

Meta's Oculus virtual reality headsets hailed as a gateway to some of these new metaverse experiences require low latency and higher upload and download speeds.

"We need to develop a common language around the performance of networks," Meta VP Dan Rabinovitsj said.

Related Content: Read How Facebook's Metaverse Ambitions Are Shaping Up In Mark Zuckerberg's Words

Mark Zuckerberg, Meta's founder and CEO, said, "creating a true sense of presence in virtual worlds delivered to smart glasses and VR headsets will require massive advances in connectivity."

AT&T Inc T EVP David Christopher acknowledged faster deploying 5G than 4G along with "massive investment across operators."

He claimed that networks already offer low latency, consistent speeds, and high capacity. "This will only improve over this next decade to support many use cases across many industries, including immersive and metaverse-like experiences." 

"However the Metaverse develops, it will depend on innovation and interoperability across many sectors, with advanced connectivity from 5G as an essential element."  

Price Action: FB shares traded lower by 1.85% at $207.26 on the last check Wednesday.

Posted In: NewsTechMedia

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.