Listed company Now Corporation (PSE:Now Corporation), recently signed a memorandum of understanding last Sept 2, 2011with Huwei Technologies, a global leader in providing next generation telecommunication networks.

The milestone event was witnessed by Philippine President Benigno Simeon Aquino III during his state visit in China. The signing was led by Now Corporation CEO and President / Next Mobile CEO Mel Velarde, Now Corporation Vice Chairman Jose Manuel Romualdez and Huwei Technologies Philippine Li Wei. This event marks the initial stage of Now Corporation’s nationwide build up plans for Next Moblile Inc. Huwei will supply and deliver the necessary equipment and technology service required to achieve this objective.