NOW Telecom Company, Inc., along with affiliate NOW Corporation, has signed a deal with SBA Towers Philippines, Inc., a subsidiary of SBA Communications Corporation.
According to NOW Corporation’s disclosure to the Philippine Stock Exchange, they are in talks with SBA Towers Philippines about a lease of build-to-suit sites, towers, and passive telecommunications infrastructure and facilities to be used for the installation of NOW’s facilities and equipment in order to provide telecommunications and internet services.
The company said this is included in NOW Group’s plan of beefing up its 5G wireless network technology, a strengthening that will allow the delivery of up to 20 gigabit per second speed to enterprises and homes.
NOW Telecom President and COO Engr. Rene L. Rosales said, “It is an integral policy in NOW Group’s roadmap to partner with trusted vendors that are part of the Clean Network. We look forward to working with SBA Towers Philippines whose expertise is providing support to operators like NOW to achieve our vision.”
NOW Telecom is a public telecommunications entity and was granted a 25-year legislative franchise to construct, install, establish, operate and maintain wire and/or wireless telecommunications systems. It also holds a cellular mobile telecommunications system license granted by the National Telecommunications Commission.
It is one of only four cellular mobile license holders apart from Philippine telco giants SMART, Globe Telecom and Dito Telecommunity.