Now Telecom is privately held and doesn’t disclose its financial figures. It has 3.5GHz and 2.1GHz spectrum and recently acquired 26GHz frequencies after buying local media player Newsnet. Its parent Now Corp, a fixed wireless access provider, reported revenue of just 196.4 million Philippine pesos (US$3.6 million) and 70 employees in 2021.
No matter how well these trials go, Now’s 5G aspirations are a heavy lift.