Now Corp., a listed company controlled by the Velarde family, said Thursday it secured a five-year extension from the National Telecommunications Commission to operate various information and technology services.
The regulator on Nov. 27 gave Now the go-signal to continue offering various services such as virtual private networks, Cloud hosting services, multimedia content and program services, online game services, Cloud-based multimedia conferencing services, web hosting and online game services.
Now owns 19 percent of Now Telecom Company, a licensed telecom, mobile cellular and wired/wireless broadband company.
Now chief operations officer Mel Velarde said the company’s competitive strength was on information technology leadership in services and software systems. These services are being used by large banks and medium-sized enterprises.