Syed Yusof buys into Vasseti, which is launching its broadband service today

KUALA LUMPUR: Businessman Tan Sri Syed Yusof Syed Nasir has bought a 30% stake in Vasseti Bhd, which is expected to launch its 1Gbps (gigabit per second) fixed line broadband service offering for residential users in select areas today.

“Telecommunications is a growing business. It has a lot of potential and I believe it is not too late for me to be part of a growing segment of the market,” Yusof told StarBizWeek in an interview yesterday.