MEDIA RELEASE
Immediate Release
May 20, 2025
Critical Advisory Issued for BPOs and U.S.-Affiliated Companies Operating in the Philippines
NOW Corporation (PSE-listed), holder of a significant 24.3% stake in NOW Telecom Company, Inc., draws attention to a critical Public Advisory recently disclosed to the Philippine Stock Exchange, originally issued by the Trusted Network Alliance—an initiative spearheaded by NOW Telecom in collaboration with U.S. government-supported cybersecurity and digital infrastructure programs.
This advisory underscores significant business continuity and legal risks emerging from recent regulatory actions by the Philippine National Telecommunications Commission (NTC), specifically its sudden and unexplained cancellation of NOW Telecom’s license despite its status as the sole U.S.-certified “clean network” provider in the country.
The Trusted Network Alliance strongly advises all Business Process Outsourcing (BPO) organizations and U.S.-affiliated businesses operating within the Philippines to immediately conduct a comprehensive review of their telecommunications and IT infrastructure contracts. The advisory highlights:
Given the significant financial stakes, with the Philippine BPO sector generating over $38 billion annually, immediate action is crucial to mitigate risks of enforcement actions from U.S. regulatory bodies.
Recommended Actions:
NOW Corporation remains committed to transparency, good governance, and the protection of stakeholder interests. Further disclosures will be made available as developments warrant.
References:
Contact for Further Information:
Trusted Network Alliance Communications Office
Email: joel@trustednetworkalliance.com; Website: trustednetworkalliance.com