In 1993 AT&T produced a fourteen minute video called Connections: AT&T's Vision of the Future. It looks like it had quite a large budget but I can't figure out who the audience was for such a video. It has a similar feel to AT&T's "You Will" TV commercials which were also produced in 1993.
You can view part 1 of Connections here. Stay tuned for more. We follow a large cast of characters through this world of the future which of course includes plenty of Virtual Reality.
AT&T "You Will" (1993)
Face-to-Face Telephones on the Way (New York Times, 1968)
The Road Ahead: Future Homes (1995)