AS fibre penetration rises, network provider NetLink NBN Trust has reaped gains from new households. Read more at The Business Times.
Mr Tong believes NetLink's fibre network can support Singapore's Smart Nation initiatives and applications.But it may be non-residential spaces that hold seeds of future growth.
Tong Yew Heng, chief executive officer of the manager, said after results on Aug 5 that"our extensive fibre network puts us in good stead to support not only the connections in the residential and non-residential segments, but also Singapore's Smart Nation initiatives and applications". Its selling point - a neutral 5G host with"no conflict of interest to protect or treat its retail business preferentially" - overlapped with Phillip Securities research analyst, Alvin Chia's belief that"the smaller would rather own their own network than to lease it from a competitor" with 5G.To be sure, KGI analyst Joel Ng has said that"I don't think unit holders will be happy" if NetLink makes a play for 5G as a network wholesaler.
She added, chuckling:"With 5G, you'll probably still need a whole lot more fibre backbone, so that has got to be good for NetLink Trust's business."
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Venture capital fuels Latam 'unicorns' expansion beyond bordersSurging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business ...
Read more »
China surprises with best export growth since March, but imports remain weakBEIJING: China's exports unexpectedly returned to growth in July on improved global demand despite escalating US trade pressure, but the rebound ...
Read more »
US labor market strong; second-quarter GDP growth expected to be revised downThe number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong even ...
Read more »
Malaysia revives national car dream, first model prototype likely to be released next MarchCYBERJAYA - Malaysia will produce a new national car, International Trade and Industry Minister Darrell Leiking announced on Friday (August 9).. Read more at straitstimes.com.
Read more »
US stocks fall amid trade, growth worriesWall Street stocks retreated on Friday (Aug 9) on worries about the grinding US-China trade war amid rising gloom over the global growth outlook.
Read more »