Recurring revenue on fixed rates; lower volume/price volatility NetLink offers investors a combination of defensive earnings, visible cash flow and consistent distribution due to the RAB framework under which it operates. Fixed monthly tariffs for active fibre connections and pre-tax WACC are determined on a five- year cycle. This governs the prices NetLink can charge, enabling the Trust to recover key components: 1) return of invested capital; 2) a regulated ROCE; and 3) operating expenses. This leads to p ...