Metro Manila (CNN Philippines, August 3) — Listed NOW Corp. said it signed a deal with the Cagayan Economic Zone Authority (CEZA) for a possible deployment of digital infrastructure in the province and for its locators.
In a disclosure on Thursday, the conglomerate said the group, together with its affiliate NOW Telecom, will craft a digital infrastructure system that would include equipping CEZA with fixed wired, fixed wireless, and terrestrial satellite to meet the ecozone’s demand for reliable broadband connectivity.“This complements our efforts to develop CEZA as a critical hub of economic activity and technological progress not just for northern Luzon but for the entire country as well,” CEZA Administrator Katrina Ponce Enrile was quoted as saying in the filing.Mel Velarde, chairman of NOW Group, meanwhile, said CEZA can further entice foreign investors with the advancement of its digital infrastructure.Late last year, NOW Telecom secured grant funding from the US government for the development of 5G in the country.
