C04111-2018 |
Title of Each Class | Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding | |
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COMMON STOCK | 1,517,278,350 |
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Subject of the Disclosure |
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Memorandum of Understanding executed between NOW Corporation, NOW Telecom Company, Inc. and National Transmission Corporation. |
Background/Description of the Disclosure |
NOW Corporation (PSE Ticker - NOW), a technology, media and telecommunications (TMT) company in the Philippines has signed a Memorandum of Understanding (MOU) with the National Transmission Corporation (TRANSCO) and NOW Telecom Company, Inc. The MOU enables all parties to collaborate the potential use of TRANSCO existing fiber and microwave assets nationwide of use and access in certain fiber optic cores, vacant lots, tower spaces, and related facilities currently being operated on by NGCP and owned by TRANSCO for the purpose of building a nationwide fixed broadband link. |
Other Relevant Information |
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Name | Angeline Macasaet |
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Designation | Corporate Secretary |