Did you know that the cables that bring fibre broadband to our homes are not owned by the telcos themselves but are instead owned by another company? Yes, that’s right. Those fibre cables belong to this Singapore-listed company called NetLink NBN Trust (SGX: CJLU). The company is involved in designing, building, owning and operating the passive fibre network infrastructure. The vast network gives nationwide coverage to residential and non-residential locations in mainland Singapore and our adjoining islands. For dividend-hungry investors who want steady income, I think NetLink NBN Trust — which has a 5% dividend yield — could be worth a second look. Let’s explore more right here. Source: Giphy Investment Merits of NetLink NBN Trust Wide Economic Moat and Recurring Revenue NetLink NBN Trust is the only fibre network with nationwide residential coverage in Singapore. As of 31 March 2021, it had passed 1.53 million homes, reached 1.47 million homes, and had 1.45 million end-users....