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 of fibre-optic cables running across the island.

The network is owned and operated by Netlink NBN Trust, which listed on the Singapore Exchange nearly a year ago, on July 19, 2017. Netlink’s IPO story was a straightforward one. As an important infrastructure company providing high-speed internet access in Singapore, it was billed as a dependable asset with a steady stream of returns that would appeal to even the most conservative of investors.

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