NTC extends NOW Telecom’s license

Rodolfo Pantoja, president of NOW Telecom.

The National Telecommunications Commission (NTC) has approved the extension of

NOW Telecom Company’s license to build and operate a nationwide wireless communications network, a development seen by experts as a step closer to the company’s efforts to become the country’s fourth telco.

The NTC renewed the license of NOW Telecom during its recent en banc session paving way for the affiliate of listed firm NOW Corporation to continue installing, operating and maintaining a trunked radio dispatch communications system, digital trunked radio system and mobile telecommunications network in selected areas in the Philippines.

NOW Telecom President Rodolfo Pantoja commended the government’s approval which he called the government’s manifestation of its efforts to promote competition by further liberalizing the telecommunications industry, a move that will ultimately benefit the subscribing public.

NOW Telecom is one of only four companies that have a cellular mobile telephone system (CMTS) license, the others being PLDT, Globe Telecom and Dito Telecommunity, the third telco. It also has a 25-year congressional franchise to establish and operate a nationwide CMTS.

NOW Telecom officials previously expressed the company’s preparedness to provide better telecom services through a collaboration with Dito Telecommunity of the consortium of Davao businessman Dennis Uy’s Udenna Corporation and its subsidiary Chelsea Logistics Corporation, and Chinese state-owned China Telecommunications Corporation.

NOW  telecom has also previously announced its plans  to offer 5G  wireless broadband for the delivery of gigabit speeds to homes and enterprises.

In line with its move towards 5G, NOW Telecom recently signed a memorandum of understanding (MOU) with the world’s leading provider of shared communications fiber network, a move that will bring it a step closer to nationwide 5G deployment.

The other party to the MOU, the Philippine Fiber Optic Cable Network Ltd. is a subsidiary of Hyalroute Group, a Singapore-based company which specializes in the deployment and operation of shared fiber-optic backbone.

Pantoja explained that 5G will pave the way for the offering of more complex applications and solutions. Moreover, cloud-based solutions and virtualization of network functions will allow the much quicker deployment of highly scalable, nimble and cost-effective networks.

According to sources, NOW Telecom is expected to announce more partnerships in the coming months in support of its 5G aspiration.

p: wjg

Previous articleSC affirms junking of Ampatuan bail plea
Next articleAsia Leaders Awards rite on Nov. 19
Concept News Central
CONCEPTNEWSCENTRAL (CNC) is a news-gathering organization established by Concept Group Inc., a corporation operating under the laws of the Republic of the Philippines, with business address located at 3450 Concept Building, Florida Street, Makati City, Metropolitan Manila, the Philippines. Read More...