|•||Another major step towards further empowering the top management team|
|•||Focus on strengthening business operations in the highly competitive consumer businesses as well as B2B/Enterprise business|
|•||Creation of factories and shared services to derive ‘One Airtel’ synergies and higher productivity|
|•||Focus on development of new revenue streams and innovative products and services|
March 12, 2009: Bharti Airtel Limited, Asia’s leading telecommunications services provider, today announced key apex level organisational changes aimed at laying the foundation for the company’s next phase of growth. The new structure has been designed to manage future growth opportunities, exploit scale & building cost synergies, while continuing to derive advantage from on- the- ground focus on sales and enhanced levels of customer service.
Making the announcement Sunil Bharti Mittal, Chairman & Managing Director, Bharti Airtel said “Over the last couple of years, we have been able to build a world-class organisation. The company has grown not just in terms of revenue and market share but also in terms of strengthened processes, capabilities and governance. It has been our endeavour to empower our top management team, which has performed very well and is amongst the finest in the telecom world. Today, we have taken another step in further empowering the top management team and laid a strong foundation for embarking on the next phase of our exciting growth journey.”
Manoj Kohli, CEO & Joint Managing Director, Bharti Airtel will increasingly focus on strategy development, governance and organisation development. He will lead the overall transformation programme including creation of factories and shared services with the objective of building the right capabilities to enable the company succeed in the next phase of its growth. He will also provide additional focus on building the B2B powerhouse.
Sanjay Kapoor has been elevated from President – Mobile Services to a newly created position of Deputy CEO. In his new role, Sanjay will lead the Mobile, Telemedia and DTH businesses. Sanjay will report to Manoj Kohli.
Having led the transformation at the Telemedia business, Atul Bindal will take over as President – Mobile Services. K Srinivas who was Executive Director (East) – Mobile Services and in-charge of Sri Lanka operations will take over as Joint President - Telemedia Services. New business verticals such as M-commerce and M-entertainment etc. are being created to generate new revenue streams.
Atul and K Srinivas will report to Sanjay Kapoor.
David Nishball will continue as President - Enterprise Services and will report to Manoj Kohli. On the Enterprise side, the company’s aim is to build a B2B powerhouse over the next 5 years with enhanced focus on global wholesale voice and data, advanced Enterprise voice & mobility services, Enterprise solutions, Managed services and lead industry transformation projects
About Bharti Airtel Limited:
Bharti Airtel Limited, a group company of Bharti Enterprises, is Asia’s leading integrated telecom services provider with operations in India and Sri Lanka with an aggregate of over 91 million customers as of end of January 2009, consisting of 88.38 million mobile customers. Bharti Airtel Limited has been voted as India's most innovative company, in a survey conducted by The Wall Street Journal.
Bharti Airtel is structured into three strategic business units - Mobile services, Telemedia services and Enterprise services. The mobile business offers services in India and Sri Lanka. The Telemedia business provides broadband and telephone services in 95 cities, DTH services and has recently forayed into the IPTV services. The Enterprise business provides end-to-end telecom solutions to corporate customers and national and international long distance services to carriers. All these services are provided under the Airtel brand. Airtel’s high-speed optic fibre network currently spans over 90,205 kms covering all the major cities in the country. The company has two international landing stations in Chennai that connects two submarine cable systems - i2i to Singapore and SEA-ME-WE-4 to Europe. For more information, visit: www.bhartiairtel.in/