Malacañang has approved yesterday a 25-year franchise extension of NOW Telecom, a potential third telco player in the Philippines. Mel Velasco Velarde, CEO of NOW Corp, posted last Thursday on Facebook the photos of documents showing the approved company's franchise up to the year 2043. With the said law, NOW TELECOM, as a telecommunications company, now has privileges similar to those granted to existing dominant players in the industry - NOW Telecom Under the signed agreement is the Republic Act No. Read more in our articles including "Duterte approves Now Telecom's 25-year franchise extension" and "Which Fiber Prepaid Service Should You Get in 2026?".
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May 21, 2026Malacañang has approved yesterday a 25-year franchise extension of NOW Telecom, a potential third telco player in the Philippines. Mel Velasco Velarde, CEO of NOW Corp, posted last Thursday on Facebook the photos of documents showing the approved company's franchise up to the year 2043.
With the said law, NOW TELECOM, as a telecommunications company, now has privileges similar to those granted to existing dominant players in the industry - NOW Telecom Under the signed agreement is the Republic Act No.
Our coverage of now telecom extended franchise includes: "Duterte approves Now Telecom's 25-year franchise extension"; "Which Fiber Prepaid Service Should You Get in 2026?"; "Looking beyond SPEED; is PH internet any better?". Each article provides unique insights and information.