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Netlink NBN may be dull but at least it's stable, says OCBC

PC Lee
PC Lee5/18/2018 03:40 PM GMT+08  • 2 min read
Netlink NBN may be dull but at least it's stable, says OCBC
SINGAPORE (May 18): OCBC Investment Research remains positive over Netlink NBN Trust’s resilient business model and growth outlook over the longer term, with the development of new residential areas as well as increase in penetration rates.
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SINGAPORE (May 18): OCBC Investment Research remains positive over Netlink NBN Trust’s resilient business model and growth outlook over the longer term, with the development of new residential areas as well as increase in penetration rates.

Furthermore, OCBC continues to expect NLT NBN to be a key participant of growth in other connected services within the non-residential and non-building address points (NBAP) space, especially with Singapore’s push to transform into a digital economy.

As of March 31, NLT NBN’s non-residential network supports 43,855 non-residential end-user connections, with 31,574 buildings reached, while its residential network supports 1,192,493 end-users, with 1,346,819 home reached and 1,482,711 home passed.

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