Just a day after expanding its operations in South Asia with the acquisition of 70% in Warid Telecom, Bharti Airtel has announced the reorganization of its top management, effective April 1st 2010: Manoj Kohli, who is currently the CEO (India and South Asia) & Joint MD of the company, will head the International Business Group as CEO (International) & Joint MD and will continue to be a member of the Bharti Airtel Board. Sanjay Kapoor, currently the Deputy CEO of the company, will be elevated to the position of CEO (India and South Asia), Bharti Airtel. The Wall Street Journal also reported yesterday that David Nishball, head of Airtels Enterprise Business, will leave the company by around mid-April 2010, after his contract expires.
Kohli’s appointment to the role of CEO (International) is an indication Airtel will be looking beyond India and South Asia, reiterated in the official statement by Airtel Chairman and MD Sunil Bharti Mittal. According to the statement, “The International Business Group will comprise a team of seasoned and experienced professionals, including from within the Bharti group, from areas such as Business Development, Networks & IT, SCM, Project and Performance Excellence, Brand and Customer Experience. This is also yet another indication that Airtel is still looking to expand beyond South Asia, particularly into Africa.”
MTNL Chairman & Managing Director RSP Sinha Quits
RSP Sinha, the Chairman and Managing Director of BSE listed, government owned telco MTNL has put in his papers, Sinha as confirmed to PTI. However, MTNL has made no such statement to the BSE, or its investors.
While MTNL has been struggling, it reported profits of Rs. 205.84 million in the quarter ended September 2009, down 77.5% year on year, with revenue down 21% at Rs. 9720.59 million. A majority of its revenues still depend on its landline business.