NOW Telecom is set to finally offer 5G connectivity in the Philippines after it secured funding from the United States Trade and Development Agency (USTDA).
In a disclosure last Friday, an associate from NOW Corp., said that the funding will help fund their wireless telephony network project that will utilize 5G technology to “advance critical digital infrastructure projects” in the Philippines.
To help with this project, NOW Telecom tapped 5G tech companies Nokia of America and Nokia Bell Labs. The project is seen to help the brand’s mobile and fixed wireless network products.
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The project involved the design of a national 5G wireless network, the design and implementation of a pilot 5G network in Metro Manila, as well as the design and planning of a nationwide broadband network.
NOW also signed an agreement with SBA back in July to help roll out its 5G network.
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To help its current and future projects, put up additional 100 base stations, and create a digital infrastructure, NOW said that they are planning to spend up to Php7.8 million for its capital expenditures (CAPEX) for the next 10 years.
They aim to put up additional stations in Mega Manila to help cover the gaps in its services.