NOW sees broadband subscribers hitting 400k

INFORMATION technology firm NOW Corp. is targeting to have 400,000 broadband subscribers in Metro Manila in five years with the expansion of its enterprise-grade wireless internet to residential areas, a company executive said.

Mel Velarde, president and chief executive officer of NOW, told reporters in a news briefing on Tuesday that the company is optimistic it can hit the target in five years with its combined subscribers from the residential sector and small- and medium-sized enterprises.