LATEST NEWS

Affiliates of NOW Telecom Company, Inc. (NOW Tel) have waged a legal battle against the National Telecommunications Commission (NTC) as the issue of alleged graft and corruption between the company, and the Anti-Red Tape Authority (ARTA) came to light.

The Anti-Red Tape Authority (ARTA) once again ruled in favor of automatic approval for NOW Telecom Company, Inc. (NOWTEL)’s cellular mobile service license and frequencies.

The government, through the Office of the Solicitor General (OSG), has filed a motion with the Supreme Court reiterating its earlier request to resolve the case involving Now Telecom’s P2.6 billion unpaid obligation to the state.

After a delay of sixteen years, NOW Telecom Company has cleared its final hurdle as a 5G provider when the Anti-Red Tape Authority (ARTA) the other day issued an order of automatic approval for the frequencies it needs.

In a bid to expand and rollout a fifth generation (5G) standalone network in the country, the self-professed fourth telco, the NOW Group of Companies partnered with Finnish technology leader, Nokia.

NOW Telecom Company, Inc., aiming to be the country’s fourth telecommunications firm, is looking into the possibility of listing its shares in a stock exchange by way of introduction—a method of going public without an initial stock offering.