Vasseti (UK) Plc (
Mr. Sayed Mustafa Ali, Chief Technology Officer, reports, "The services are in the pilot phase and our commercial offer to the wholesale market will start next month. We have started taking orders and our IP Transit services include direct peering with other global players such as Reliance, NTT, Hurricane, Bharti, Tata, Cable & Wireless, and Starhub and to global content aggregators such as Google, Facebook, Microsoft, Apple, Akamai."
Mr. Sayed Mustafa elaborated that the company will offer both ipV4 and ipV6 flavours in its IP Transit offering and will be one of the most competitive providers in the region. "We can leverage our own domestic networks that are present in the region, it will be a win-win situation for the service providers and end users." Vasseti has spent a considerable amount of resources on R&D to ensure its telco subsidiaries at least meet if not exceed global customer expectations. "Apart from traditional IPT and IPLC service offerings, we can support customer needs including Global Routing Optimization, Routing Customization and Traffic Engineering," he added.
Vasseti has embarked on a vision to become a leading regional terrestrial fibre optic telecommunication infrastructure player over the next few years. The key strategy is its flagship Vasseti South Asia Network ("VSAN") which will have over 30,000 kms of fibre optic network through more than a dozen countries in South Asia.
"We have put forth a great effort and we will continue investing to realise the VSAN which will connect three of the most populous countries in the world -- which are among the least connected regions in the world. Over time, this region will drive one of the fastest growths in the global telecommunication markets," said Mr. Ranjeet S. Sidhu, President of Vasseti (UK) Plc.
About Vasseti Plc
Vasseti (UK) Plc ("Vasseti") is a large, diversified conglomerate based in Kuala Lumpur. It is listed on the Frankfurt Stock Exchange ("FSE") trading under the Symbol 1VS:GR and is fully reporting on the FSE Entry Standard. It is an investment holding company with business interests in the field of network telecommunications, information technology and real estate. Vasseti consists of companies and businesses that were established from as long as fifteen years ago to several new, high growth business ventures it initiated recently. The Company has already built a successful base in Malaysia and now plans to channel its resources to replicate its business model in the neighbouring countries especially within the South Asia region linking Indonesia, China and India, and possibly expanding towards the Middle East and North Africa thereafter. The Company intends to connect all the population within the catchment or business footprint to a single virtual world that is interlaced with brick and mortar business of real estate development and construction works. It is envisaged that the product and services offered by the Company may be reachable by almost 50% of the world population by the year 2020. Its strategy is to penetrate each market through mergers and acquisitions (M&A) and eventually becoming the market leader in those emerging markets. This forms part of Vasseti's global expansion plan and having its presence in the most productive and profitable manner.
Contact
EMAIL ir@vasseti.co.ukWEB www.vasseti.co.uk
Related Companies
Wedgewood Investment Group LLC.
Related Industry Topics: