Reliance Industries’ data services venture Reliance Jio Infocomm has appointed former Deutsche Telekom executive Rainer Deutschmann as its new Chief Products and Innovation officer, reports the Economic Times.
The report cites sources to suggest that Deutschmann will be responsible for formulating the venture’s go to market strategy while overseeing various key software, content and mobile Internet elements of the venture. He will be relocating to Mumbai from London and will report directly to Mukesh Ambani & Manoj Modi.
Deutschmann had joined Deutsche Telekom as its VP of Strategy Development in October 2005 and was with the company for over ten years in various management roles.
This includes a two year stint as T-Mobile International’s Mobile Internet SVP, a two year stint as Deutsche Telekom’s Mobile products SVP, a three and half year stint as managing director of Deutsche Telekom’s subsidiary Lambda Telekommunikationsdienste GMBH and a three year stint as Deutsche Telekom’s SVP of core telco products. He was also the board chairman of Deutsche Telekom UK for more than two years.
Deutschmann also founded a specialist online baby shop called Debao in December last year. Debao sells European baby and mother products to Chinese parents with direct cross border delivery.
Other appointments: Earlier this month, Reliance Jio had also appointed former vice president -marketing of the Coca Cola company Anupama Ahluwalia as its marketing head while Akash Ambani was appointed to the company board.
Reliance Jio which is yet to launch its services commercially in India, had reported a net loss of Rs 7.68 crore for the six month ended September 30, 2014, a significant increase from Rs 4.06 crore loss reported in the corresponding six month period last year. The company is expected to launch its data services in a phased manner across India in 2015.