Thursday, 27 August 2020

NOW Telecom is assessing the suitability of listing

The communications unit of NOW Corp is gunning to be the fourth operator in the Philippines but has not yet decided whether to list domestically or internationally, reports TeleGeography. The operator claims that it already holds 5G-ready frequencies, and is lining up a US$713 million investment into its Metro Manila 5G fixed-wireless network across the next five years. Around US$152 million of this would be spent on 5G radio equipment over the next three years.