Bharti Airtel has appointed Jinesh Hegde as CEO of Sri Lanka operations. Hegde replaces Suren Goonewardene, and will report to Ajai Puri, Airtel’s Director of Market Operations (India & South Asia). Previously, Hegde was the senior VP and business head at Uninor for almost 6 years. Before that, he worked as the chief vertical officer, head of vertical business for 3 months. He also worked with Airtel as its regional business head of voice and VAS (West) for a year, before which he was the general manager of operations at Airtel for 3 years. Hegde’s predecessor Goonewardene has been re-designated as non executive chairman of Airtel Sri Lanka, where Airtel launched its services in 2009. Airtel offers mobile voice, data and enterprise solutions in Sri Lanka and claims a 3G presence of 70% within its network. Financials: Of the Rs 29,129 crores Bharti Airtel spent on spectrum acquisition during the recently concluded auction, 57% was for additional spectrum, said Bharti Airtel’s Global CFO Srikanth Balachandran during the company’s Q4-FY15 earnings conference call. The remaining 43% was spent on acquiring spectrum in the 6 circles up for renewal in 2015-16. He added that “Kerala is the only circle without our own 3G spectrum but that is covered by both FD and TD-LTE spectrum.” Other developments at Airtel: - Earlier this week, Airtel India became the number one operator whose call drop complaints (31) flooded the TRAI this year (up to 30 June), followed by Vodafone (17) , Idea Cellular (10) and…
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