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In top-level leadership shuffle at Bharti Airtel, India’s largest telecom company by subscribers, Sanjay Kapoor has been elevated to a newly created position of deputy CEO, overseeing mobile, DTH and Telemedia businesses. Kapoor was president, mobile services. Atul Bindal, who was president, telemedia services, will now be president, mobile services. K. Srinivas has been named president of the telemedia business. Bharti’s triple play efforts are led by the telemedia division. “New business verticals such as M-commerce and M-entertainment etc. are being created to generate new revenue streams,” the company said in a statement.
The statement said that CEO and joint MD, Manoj Kohli, will increasingly focus on strategy development, governance and organisation development.
ET reports that Kohli sold his entire stake in the telecom major in two transactions this month, leading to speculation that he might be leaving the firm.