While it has yet to come out of the red, third telco Dito Telecommunity is making a big bet on fixed wireless access (FWA) via the 5G route to leap in the profitability arena in the next couple of years.
IDC said 5G fixed wireless access (FWA) will act both as a stopgap in some markets such as the Philippines but also as an alternative to fiber broadband access where it is not available to specific buildings and neighborhoods, suburban zones, and remotely located residences.
UnionBank signed an MOU with Now Corp. and affiliate Now Telecom to utilize and promote the use of new generation telecommunication networks, including 5G wireless technology, in support of the bank’s digital transformation roadmap.