SingTel establishes NetLink Trust for infrastructure assets

Tuesday 26 July 2011 | 02:26 CET | News
Singapore Telecommunications (SingTel) has established a trust - NetLink Trust - for infrastructure assets used by national fibre network operator OpenNet. SingTel will sell ducts and manholes used by OpenNet, as well seven exchange buildings, and SingTel's business of providing duct and manhole services in relation to the assets, to CityNet Infrastructure Management in its capacity as trustee-manager of NetLink Trust, for an aggregate consideration of approximately SGD 1.89 billion. SingTel is the initial and sole unitholder of NetLink Trust. The agreements are conditional on, among other

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Categories: Fixed
Companies: OpenNet / Singapore Telecommunications / SingTel
Countries: Singapore
::: add a comment


I ‘d like to know about fixed asset register management .how an asset is created ,booked,tracked ,depreciated and integreted with Co‘’s ERP?
M.Yusuf Khan @ 10/1/2015 - 03:24

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