NOW Corporation and its affiliate NOW Telecom have signed a memorandum of understanding (MoU) with South Korean group SK Telecom to collaborate on the deployment of a commercial fifth-generation mobile network in the Philippines. In a statement at the weekend, the three parties confirmed their aim to establish a 5G network and attendant advanced services in Manila – where NOW Corp is headquartered and already provides broadband internet, IPTV, software and B2B services via affiliate NOW Telecom. The Filipino operators hopes to take advantage of SK Telecom’s ‘cutting-edge 5G technologies’, with the latter also looking to provide ‘5G-related technological consulting and supply in-building 5G technologies and 5G-enabled enterprise applications to NOW’.
‘This partnership with SK Telecom will help produce a more defined business strategy for NOW and its execution programmes for the next five to ten years as the country begins to embrace 5G and its various applications,’ NOW Corp said in a statement. It is understood the Filipino and Korean companies will look to ‘develop a step-by-step plan to execute the commercial 5G services in the Philippines before the end of this year’, while by mid-2020 they hope to have published a detailed roadmap of the proposed 5G deployment.