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...(click on link for full story on theedgesingapore.com)