Home News Telecommunications

Netlink NBN Trust to spend $120 million on new central 'office' for network expansion in northern region

The Edge Singapore
The Edge Singapore11/7/2022 05:44 PM GMT+08  • 1 min read
Netlink NBN Trust to spend $120 million on new central 'office' for network expansion in northern region
Netlink now runs ten other "central offices" across the island
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

NetLink NBN Management, the manager of NetLink NBN Trust, has appointed contractor Obayashi Singapore to build a new $10 million "central office" along Sembawang Road.

When ready in two years' time, this central office will be used as a facility to help support the provision of fibre-based connectivity services to future developments in the northern region of Singapore.

Netlink, which operates the island-wide fibre network, now runs 10 other central offices across Singapore.

The $120 million cost of the new central office includes the land premium and construction of its surrounding infrastructure, such as new ducts and manholes.

The total cost will reviewed by its regulator the Infocomm Media Development Authority for inclusion in Netlink’s regulatory asset base.

Netlink plans to fund the cost with internal financial resources and bank facilities, and will not have any "material impact" on its NTA and also its earnings per unit for the current year ending March 2023.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.