NetLink NBN Trust (NetLink Trust)

As US-China tussle over 5G intensifies, dividends of local telcos come under pressure
SINGAPORE (Feb 18): Huawei Technologies Co and the 5G, or fifth-generation, mobile network has been grabbing headlines. US secretary of state Mike Pompeo is reported to have warned European countries that using technology from Huawei could harm their relationship with the US. In Singapore, M1 and Huawei have been in 5G trials together. If M1 is privatised, the spotlight is likely to fall on ...
Stocking up on the future
SINGAPORE (Feb 4): The advent of another new year has us thinking about the future — specifically the future economy. From preschoolers to mid-career executives, corporate bosses to top civil servants, just about everybody is busy preparing for the disruptive force of technology, even though it is not clear exactly how businesses and the economy will be reshaped. At the same time, powerful ...
Most defensive stock NetLink Trust kept at 'buy' by UOB
SINGAPORE (Nov 23): UOB KayHian is maintaining a “buy” on what it says is the most defensive stock listed on the Singapore Exchange: NetLink NBN Trust. UOB likes NetLink for its low volatility but high liquidity; stable revenue streams; high barriers to entry and blue-chip customer base. In addition, Singtel’s and StarHub’s decision to retire their legacy copper wire and cable ...
Stay defensive with Netlink NBN Trust as Smart Nation revs up
SINGAPORE (Oct 11): With macro concerns ratcheting up and the Straits Times Index hitting 20-month lows, investors should take another look at defensive stocks like Netlink NBN Trust (NLT NBN), says OCBC Investment Research. Over the course of the last three months, NLT NBN has achieved a total return of 6.1%, relative to the -1.1% and -2.8% registered by the FSTREI Index and STI Index, ...
Growth comes in different forms for Netlink
SINGAPORE (Sept 3): Bad publicity and fines do not seem to have hurt national fibre-optic broadband infrastructure provider Netlink NBN Trust. A year after listing on the Singapore Exchange, as part of an Infocomm Media Development Authority of Singapore arrangement for Singapore Telecommunications to pare down its stake, Netlink has beat its own earnings and dividend payout estimates. For FY2018 ...
Netlink NBN Trust kept at 'buy' on Smart Nation moves, defensive stance
SINGAPORE (Aug 7): OCBC Investment Research is maintaining its “buy” call on Netlink NBN Trust (Netlink Trust) with 90 cents fair value. OCBC notes Netlink Trust’s trustee-manager is focusing on supporting Smart Nation initiatives as required by requesting licensees, government agencies and various end-users. “We remain positive on Netlink Trust’s defensive attributes, as about ...
Is Netlink NBN Trust the yield play to bet on?
SINGAPORE (June 18): World Cup fever is upon us again. Soccer fans here might gripe about how much they have to cough up for pay-TV, on top of existing subscriptions, just so they can catch the action live. Still, regardless of whether they are Singtel or StarHub customers, or taking in the action with mates at a pub or coffee shop, their viewing is made possible by the 76,000km-long network ...
Netlink Trust beats forecast by 5% with FP18 DPU of 3.24 cents
SINGAPORE (May 14): The trustee-manager of NetLink NBN Trust has announced distribution per unit (DPU) of 3.24 cents for the financial period from June 19, 2017 to Mar 31, 2018 (FP18), some 5% higher than the forecast at IPO. NetLink NBN Trust achieved revenue of $228.6 million in FP18, falling 1.8% short of the forecast, mainly due to lower installation-related revenue. FP18 EBITDA and ...
M1, StarHub cut to 'sell' as TPG draws first blood
SINGAPORE (Mar 20): UOB Kay Hian has downgraded M1 and StarHub to “sell” after fourth mobile operator TPG Telecom on Monday fired its first salvo with a package aimed at senior citizens. For the first 24 months following its launch, senior citizens aged 65 and above will enjoy – for free – a package which includes a SIM card, 3GB of monthly data and unlimited local calls. According ...
NetLink Trust unit price seemingly unaffected by $150,000 IMDA fine
SINGAPORE (Dec 28): Shares in NetLink NBN Trust are trading flat at 84 cents this morning, seemingly unaffected by news that it has been hit by a fine from the industry regulator. The Infocomm Media Development Authority (IMDA) has imposed a financial penalty of $150,000 on NetLink Trust, for failing to meet its Quality of Service (QoS) standards in the assessment from July 2016 to June 2017 ...