http://www.philstar.com/business/2014/06/11/1333357/all-text-network-coming

Prospects for are bright for publicly listed technology and media firm Now Corporation.
In fact, the company has allotted at least P1 billion in capital expenditures this year and about P2 billion in the next two years to finance new business ventures, including an all-text mobile telephone network that will be undertaken through subsidiary Now Telecom.