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MANILA, Philippines — High-ranking cabinet officials from the People’s Republic of Bangladesh recently visited the Philippines to learn about business process outsourcing (BPO) and information and communications technology (ICT) including cybersecurity.Managed by the Asian Institute of Journalism and Communication (AIJC) in collaboration with Management and Training International (MTI) Limited in Bangladesh, the study tour and workshop included visits to private, government, and academic institutions—the ICT Office of the Department of Science and Technology (DOST), the IT and Business Process Association of the Philippines (IBPAP), KLab Cyscorpions Inc., Asia Pacific College, Mapua Institute of Technology (MIT), and NOW Corporation.

Of grave concern among the Bangladeshi officials is the need for clear strategic directions on cybersecurity initiatives. During his lecture on this topic, Mel Velasco Velarde, CEO of NOW Corporation and AIJC, discussed specific cases of security breaches that happened with big multinational firms such as Facebook, Wall Street Journal, Ubiquity, Barracuda, LinkedIn, Harmony and others including government-induced errors in cybersecurity.

Mr. Velarde emphasized the need for organizations to meet the “Reasonable Security” requirement (known as the “20 Critical Security Controls” or CSCs) prescribed by top global private and governmental cybersecurity inter-agencies.

“NOW has the capability of complying with these 20 CSCs for our customers through our cloaking devices, real-time diagnostics and monitoring tools, counter-attack tools, cyber manpower and other technologies that help prevent hacking, malware, physical breaches or self-inflicted errors — the costs of negligence and non-compliance could run in the billions of pesos,” Velarde said.

He gave a stern warning that the security breach that happened to Bangladesh and elsewhere can happen again if these 20 Critical Security Controls are not complied with.

Both NOW Corporation and AIJC committed to help the government of Bangladesh on any area of expertise such as BPO, Knowledge Economics, ICT and cybersecurity.

Velarde also pointed out how NOW Corporation clients, mostly blue-chip companies in the Philippines, have successfully implemented their highly secure collaboration software and services that help ensure business success. Velarde expressed willingness to partner with the officials from various ministries as they develop and implement a strategic roadmap towards ICT and BPO development in Bangladesh.

On July 27, another forum entitled “Eighty-One Million Dollar Heist and Security Implications in the International Financial Sector” will be held in Manila, organized by the Embassy of Bangladesh in the Philippines. Velarde will also talk about Cybersecurity during the forum.

Source : http://www.interaksyon.com/infotech/ph-company-to-help-bangladesh-govt-on-cybersecurity

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by BusinessMirror

In Photo: Asian Institute of Journalism and Communication Chairman and Now Corp. CEO Mel V. Velarde (right) presents the first official life-size replica of the famed 1734 Fr. Pedro Murillo-Velarde Map, known as the Carta Hydrograpica y Chorograpica de las Filipinas, to Northern Luzon Command Lt. Gen. Romeo Tanalgo.

Camp Aquino, Tarlac City—Asian Institute of Journalism and Communication Chairman and NOW Corp. CEO Mel V. Velarde has turned over the first official life-size replica of the famed 1734 Fr. Pedro Murillo-Velarde Map to Northern Luzon Command’s (Nolcom) Lt. Gen. Romeo Tanalgo.

The map’s official name is “Carta Hydrograpica y Chorograpica de las Filipinas.” One of its unique features, aside from its accuracy in the topography of the Philippine islands, is it shows the disputed Scarborough Shoal, also known as Bajo de Masinloc,  as a part of the Philippine territory.

“Little did we know that almost 300 years later, those rocks that were drawn on this to specifically guide Spanish ships from sinking, will now be significant and crucial to the destiny of this nation,” Velarde emphasizes on the map’s role it played as an evidence to the Philippines’s claim on the islands at the United Nations Convention on the Law of the Sea (Unclos). “From the utterances of the United States and G7  [Group-of-Seven]  nations, and from the utterances of China, itself, it seems that the result would be, most likely, favorable to us.”

Velarde further explained the importance of giving a replica of the map to Nolcom: “The Northern Luzon Command is the protector, watcher, caretaker and defender of our northern territory, where Bajo de Masinloc is under its jurisdiction. This is our own way of helping you, helping the nation and to recognize the proud members of Nolcom—sometimes we sleep without really knowing who are the people always ready to die for us.”

“Why are we fighting for those rocks? Those rocks represent what this nation is all about,” Velarde passionately expressed his thoughts to the members of Nolcom, “that we, as one nation are indivisible, that our territory is sacred to us, that when our patriarchs were fighting for this country, they were not just fighting for one territory alone. They fought for a nation, which was still a seed in their minds that blossomed into a nation that is today called Filipinas.”

“If  that rock falls in someone else’s hands permanently, then we would be in proximity to something
antithetical to our beliefs as a people,” Velarde explains further, “that our freedom is universal and we cannot accept the loss of freedom—something our forefathers so bloodily fought for, and we are still willing to fight for. Like with Tibet and Mongolia, getting closer to us is a hungry giant, which is why we need to defend our state of being. Unlike this giant neighbor, we Filipinos “believe in freedom and liberty, where the acts of governments must be subject to the consent of the governed—always!”

“Patriotism can take many forms,” Tanalgo said, “In the case of Mr. Velarde, the exhibited act of patriotism is unique and unmatched. Ensuring that the map landed on the hands of the Filipino people, he shelled out his personal wealth and simply bought it. He bought it for our country to rekindle the sense of patriotism among our people—to promote our sovereignty and support national interest in the West Philippine Sea.”

“I pray that this map serves as a point of existential value for all Filipinos, regardless of provincial descent, tribe, belief, religion and social stature. Sir, you spent wealth for this map,” Tanalgo told Velarde. “You pay our soldiers with your taxes, and we will repay you with our blood and commitment.”

Source: http://www.businessmirror.com.ph/1734-phl-map-turned-over-to-nolcom/

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The National Telecommunications Commission prefers to auction off or sell the extra frequencies surrendered by the country’s top two telcos to a big group or joint venture.

NTC deputy commissioner Edgardo Cabarios said that only two companies have the license to operate as telcos (ABS-CBN unit and Now Corp.  ) but they need to form a joint venture so they can compete with the big guys.

Only Now Corp., formerly Next Mobile Inc., and ABS Convergence, a unit of ABS-CBN Corp., have the license to operate a cellular mobile telephone service (CMTS).

After the NTC approved PLDT Inc. and Globe Telecom Inc.’s co-use of the 700 megahertz spectrum, the two telcos surrendered a total of 85 megahertz excess frequency including 800 MHz, 2300 MHz, 2500 MHz, 1800 MHz, 2300 MHz and 2600 MHz.

These will allow a third player to viably operate a mobile and broadband business in the country, Cabarios said.

Cabarios said the next NTC commissioner will decide on the spectrum allocation by July or August this year.

He said to maximize the use of available frequency, it is better for the spectrum to go to only one player or a joint venture company that can compete with the two incumbent telcos rather than give out the spectrum to several players.

“The best for this company is to join together and form a consortium. They may not be as big as these two (PLDT and Globe) but they can be big,” Cabarios said.

The bidding will be open to all telecom firms except PLDT and Globe and their affiliates.

BayanTel also has a CMTS license but is not qualified to join the bidding as it is now fully-owned by Globe.

Aside from the total of 85 MHz, the regulator will also include in the auction the third generation frequency of Connectivity Unlimited Resources Enterprisewhich should have  been bid out since 2012.

To compete with the two incumbent players, the new entrant must be able to build at least 2,000 to 3,000 base stations nationwide. PLDT has over 12,000 base stations while Globe has over 7,000.

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Listed IT company NOW Corp. is in talks with two local investment banks to raise $50 million over the next two years to fund plans to shift its revenue stream to the fast-growing corporate broadband market. In an interview yesterday, NOW president and CEO Mel Velarde said the company would decide in the next few months on its fundraising options, which include a combination of debt and a follow-on offering. He declined to name the banks, but said the initial tranche would involve $30 million this year while subsequent amounts could be raised through 2017. The plan was in line with a five-year strategy that covers this year until 2021, Velarde said. The fresh funds would be used for the company’s broadband and wireless cable TV businesses, he said. NOW expects revenue by the end of the five-year period to hit $346 million, while net income would be at $120 million. NOW has yet to disclose its 2015 results. Broadband services should account for 80 percent of revenue by the end of the five-year period, from under 5 percent today. At present, the company mainly earns from IT resource management, software collaborations and cloud services. Velarde said NOW could stay profitable by focusing on the needs of corporate clients. He added that their requirements were not being met by big players like Philippine Long Distance Telephone Co. and Globe Telecom. Both have also announced aggressive spending plans to win over customers. PLDT is spending P43 billion in 2016 alone while Globe said it would spend $750 million (P34.7 billion). “They [PLDT and Globe] are after mass marketing. Once you are married to that strategy, there is no divorce,” Velarde said. “That is not my game. I’m happy being a small player, but also one of the most profitable.” http://business.inquirer.net/208990/now-raising-fresh-funds-to-finance-broadband-plans

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NOW CORP. yesterday said it finally turned in a profit last year, and expects to earn $120 million from its broadband and wireless cable television (TV) business.

“At the meeting of the Board of Directors held on 28 March 2016 [in] Manila, Philippines, it was reported that the preliminary year-end total revenue for 2015, the Company hit positive net income for the first time after years of mergers and acquisitions,” the company said in a disclosure to the Philippine Stock Exchange. The company said this was driven by its existing businesses — information technology (IT) resource management and software collaborations. However, Now did not disclose figures and has yet to release its financial statement for full-year 2015. During the meeting, the company’s board also discussed its plan for its broadband and wireless cable TV business, under which it will invest around $50 million in capital expenditure. Now said the plan could bring in a projected revenue of $346 million and a net income of $120 million. Aside from IT, Now is also engaged in providing products and services related to media and telecommunications. Latest available data show that in the first nine months of 2015, the company narrowed its net loss by 40% year on year to P11.65 million from P19.28 million. Gross revenues in the same period dipped by an annual 15% to P50.33 million from P59.43 million. Shares in Now shed three centavos or 2.91% to end trading at P1 apiece on Tuesday. —Daphne J. Magturo

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NOW Corporation announced pioneering broadband service that offers large enterprises high-speed Internet access through the air or underground at guaranteed speed coupled with IT solutions and services.  Its announcement came at a time wherein large enterprises such as banks, universities, hospitals, logistics, insurance and retail are looking at Information Technology as a strategic enabler in order to meet their business goals.  NOW Corporation offers broadband connectivity from 50Mbps to 700Mbps to large enterprises – a service that is faster to deploy as a back-up system and/or an affordable alternative being offered by encumbent Internet service providers.
In photo: (back row) NOW Corp Vice-Chairman Atty. Jose Alejandro, NOW Corp CEO Mel Velarde, NOW Corp Head of Marketing Kristian Pura, (first row) RHL Properties and Development Corporation President Charlie Rufino and Managing Director Carlo Rufino. Times Plaza, developed by RHL Properties and Development Corporation, a Commercial Building located along UN Avenue corner Taft, becomes the First 1Gbps connected building in the Philippines via Fiber in the Air.

In photo: (back row) NOW Corp Vice-Chairman Atty. Jose Alejandro, NOW Corp CEO Mel Velarde, NOW Corp Head of Marketing Kristian Pura, (first row) RHL Properties and Development Corporation President Charlie Rufino and Managing Director Carlo Rufino. Times Plaza, developed by RHL Properties and Development Corporation, a Commercial Building located along UN Avenue corner Taft, becomes the First 1Gbps connected building in the Philippines via Fiber in the Air.

Since early 2000, NOW Corp. has been providing high-value IT Services such as enterprise-grade email collaboration (on-premise and cloud), technical maintenance, web development, mobile apps development and customized software development for large enterprise.  It has served blue chip companies including Towers Watson, UCPB, Coca-Cola, SC Johnson, International Shared Services, Roxas Holdings, BDO, Chinabank, Philippine National Bank, Skycable, Development Bank of the Philippines, Goldern Arches Development Corporation (McDonalds), Phinma Group of Companies and SM Retail.  It has built and maintained its position as one of the most trusted IT companies in the Philippines and has expanded to broadband and other services related to it. NOW Corp.’s IT networking solutions and services clients are provided with 50Mbps up to 700Mbps guaranteed connectivity, and can even provide FREE initial network infrastructure assessment for potential signups.  It also provides network infrastructure implementation services such as bandwidth management system, in-building wiring, installation of wi-fi hotspots and other vital IT services including private/public cloud services, hybrid cloud on-premise applications, outsourced network management services, system back-up and recovery, mobile apps for business processes and Internet of Things. NOW caters to the IT needs of those in the real-estate sector, targeting property managers and real-estate developers that operate BPO/KPO buildings and other similar high-end commercial and mix-use establishments with sophisticated broadband connectivity needs. The BPO market is expected to surpass the OFW remittance by the end of 2016 with a projected revenue of about $25 billion dollars.  Real estate developers and property owners must be ready to accommodate the influx of BPO locators – majority of which have huge bandwidth requirements and highly customisable network.  Upgrading an existing building to become BPO-ready is key if the property owner/real estate developer wants to get a share of the growing BPO industry. Kristian Pura, Head of Enterprise Marketing of NOW Corp., said that at this day and age, companies should consider IT as an important element of the business’ overall marketing and business strategies and not just an “on the side” thing. “The role of IT is just as important as marketing, business development, procurement/purchasing and everything that needs sound business decision making. Enterprise and business owners must see IT as part of an over-all strategy.  IT should be able to propel the growth of the business, streamline its operations, and add over-all value to the firm.” http://mb.com.ph/now-corp-pioneers-wireless-internet-service/

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NOW Corp Pioneers Wireless Internet Service http://digitaledition.philstar.com/articles/2016-03-18

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