NOW Corp., a technology, media and telecommunications (TMT) company in the Philippines, signed a memorandum of understanding (MOU) with the National Transmission Corp. (Transco) and NOW Telecom Company, Inc.

The MOU enables all parties to collaborate the potential use of Transco’s 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. (PR)