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 "discussion and negotiating" 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>"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," the statement said.</p><p>"It is an integral policy in NOW Group's roadmap to partner with trusted vendors that are part of the Clean Network," 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 'to the next level'</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 'superapp': Globe</a></li></ul><p><strong>RELATED VIDEO:</strong></p><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&key=e8c22c015ca9eafa76f1e3edfa03c603&spid=3001339&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>

<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 'to the next level'</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 'superapp': Globe</a></li></ul><p><strong>RELATED VIDEO:</strong></p><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&key=e8c22c015ca9eafa76f1e3edfa03c603&spid=3001339&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>

<p>"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," the statement said.</p><p>"It is an integral policy in NOW Group's roadmap to partner with trusted vendors that are part of the Clean Network," it added. </p>

<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 "discussion and negotiating" 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>

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 News

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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