NOW Telecom inks deal with tower firm ahead of planned 5G rollout

ABS-CBN News

<p>MANILA — NOW Corp on Friday said its unit NOW Telecom and SBA Towers Philippines signed a memorandum of understanding as part of its telco expansion plans.</p><p>The parties are in &quot;discussion and negotiating&quot; the lease of build-to-suit sites, towers and passive telecommunications infrastructure and facilities, NOW Corp said in a disclosure to the stock exchange.</p><p>&quot;This is part of the roadmap of the NOW Group of providing 5G or the fifth-generation wireless network technology which will allow the delivery of up to 20 gigabit per second speed to enterprises and homes,&quot; the statement said.</p><p>&quot;It is an integral policy in NOW Group&#x27;s roadmap to partner with trusted vendors that are part of the Clean Network,&quot; it added. </p><p>SBA Towers Philippines Inc is a subsidiary of the NASDQ-listed SBA Communications Corp.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/07/05/21/now-corp-raises-stake-now-telecom-next-level">Now Corp raises stake in Now Telecom; eyes taking firm &#x27;to the next level&#x27;</a></li>	<li><a href="https://news.abs-cbn.com/business/06/17/22/dito-says-subscribers-now-over-9-million">Third telco DITO says subscribers now over 9 million</a></li>	<li><a href="https://news.abs-cbn.com/business/07/11/22/konsultamd-healthnow-aide-to-merge-into-superapp">KonsultaMD, HealthNow, AIDE to merge into one health service &#x27;superapp&#x27;: Globe</a></li></ul><div><strong>RELATED VIDEO:</strong></div><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=1643305" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

NOW Corp on Friday said its unit NOW Telecom and SBA Towers Philippines signed a memorandum of understanding as part of its telco expansion plans. 

NOW Telecom inks deal with tower firm ahead of planned 5G rollout | ABS-CBN

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NOW Telecom inks deal with tower firm ahead of planned 5G rollout

NOW Telecom inks deal with tower firm ahead of planned 5G rollout

ABS-CBN News

Published Jul 22, 2022 02:02 PM PHT

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