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NOW Telecom, 3 others disqualified from 3G frequency bid

Supreme Court affirms disqualification of 4 telco players from 3G frequency bid

SC upholds orders of NTC against 3G bid of 4 telcos

The Supreme Court’s (SC) Second Division has affirmed the 2005 and 2008 orders of the National Telecommunications Commission (NTC) disqualifying Next Mobile Inc., currently operating as Now Telecom, and three other companies from securing 3G frequency slots. The three other disqualified telcos are then Lopez-owned Bayan Telecommunications (BayanTel), Multi-Media Telephony…

SEC fines NOW Corp , CEO P1M each

The SEC fined NOW Corp and its CEO Mike Velarde P1 million each for what the regulator said, in an order, were misleading disclosures relating to P2.6 billion in unpaid fees to the government.

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