comscore Bharti Airtel to restructure its African business unit
News

Bharti Airtel to restructure its African business unit

Bharti Airtel’s African telecom business has always been in news for making losses. Now the telecom giant has decided to restructure the very same unit, and has appointed Christian Defaria as the Executive Chairman of Airtel Africa.

  • Published: February 17, 2016 3:27 PM IST
airtel-4g-services

Telecom major Bharti Airtel Tuesday announced restructuring of its loss-making African telecom business by grouping operations in 15 countries under eight clusters along with change in management structure. The company has elevated Airtel Africa MD and CEO Christian Defaria to the position of Executive Chairman of Airtel Africa. Also, the operator appointed its director of Customer Experience (India and South Asia), Raghunath Mandava, as Chief Operating Officer of Airtel Africa. Also Read - Jio maintains lead in 4G download speed, Vi in upload in May: TRAI

Also Read - Airtel Rs 456 vs Jio Rs 447 prepaid plan: Check validity, data, voice calls, and other benefits

“We believe we have a strong platform to accelerate our journey towards profitability and market leadership and the new cluster-based organization design will provide an enabling environment to the teams,” Bharti Airtel Chairman Sunil Bharti Mittal said in a statement. Also Read - Fake WhatsApp message claims free internet for three months, don't fall for it

On the appointment of Christian Defaria, Mittal said, “Christian has done an excellent job by streamlining the operations, strengthening the leadership teams across Africa while enhancing the image of Airtel brand across Africa.”

ALSO READ: Airtel challenges TRAI s interconnect regulation in HC

In his new role, he will continue to support the vision of Airtel Africa and lead all matters relating to legal, regulatory affairs, shareholders as well as mergers and acquisitions. In the third quarter ended December 31, 2015, Africa unit posted net loss of $74 million (roughly Rs 506 crores) as compared to $136 million (roughly Rs 930 crores) in the corresponding quarter last year.

In constant currency terms, Africa revenues grew by 3.1 percent to $1,026 million (roughly Rs 7,020 crores) as compared to $995 million (roughly Rs 6,807 crores) in the corresponding quarter of last year.

Airtel moved its director of Customer Experience, India and South Asia Raghunath Mandava as Chief Operating Officer, Airtel Africa. Mandava, who has been with Airtel since 2003, will relocate to Nairobi and will be fully responsible for the commercial operations.

“The appointment of Raghu will help leverage the platform and sharpen our market focus and strengthen the innovation pipeline. We remain fully committed to Africa and will continue to invest in the growth of our operations,” Mittal said.

As per the new cluster-based organization design, operations in 15 African countries will now be classified into eight clusters with all cluster heads reporting to Raghu, the company said. Airtel has appointed its present Delhi circle COO Sarang Kanade as Director – Customer Experience, India & South Asia in place of Mandava. He will report to Bharti Airtel’s CEO for India and South Asia Gopal Vittal. Airtel entered the African market in 2010 by acquiring telecom business of Kuwait-based Zain Telecom in 17 countries for $10.7 billion (roughly Rs 73,211 crores).

However the Indian telecom major is reducing its footprint in Africa to improve financial performance. In January Airtel announced sale of its operations in Burkina Faso and Sierra Leone to France-based Orange. Airtel in July last year announced entering into an agreement with Orange to sell its four subsidiaries Burkina Faso, Chad, Congo Brazzaville and Sierra Leone, in Africa. The agreements for the remaining two countries have lapsed.

For the latest tech news across the world, latest PC and Mobile games, tips & tricks, top-notch gadget reviews of most exciting releases follow BGR India’s Facebook, Twitter, subscribe our YouTube Channel. Also follow us on  Facebook Messenger for latest updates.
  • Published Date: February 17, 2016 3:27 PM IST



new arrivals in india

Infinix Note 10 Pro
Infinix Note 10 Pro

16,999

Infinix Note 10
Infinix Note 10

10,999

Vivo Y73
Vivo Y73

20,990

OnePlus Nord CE 5G
OnePlus Nord CE 5G

22,999

iQOO Z3
iQOO Z3

19,990

Realme C25s
Realme C25s

9,999

Poco M3 Pro 5G
Poco M3 Pro 5G

13,999

Realme X7 Max 5G
Realme X7 Max 5G

26,999

Oppo F19
Oppo F19

18,990

Motorola Moto G40 Fusion
Motorola Moto G40 Fusion

13,999

POCO M2 Reloaded
POCO M2 Reloaded

9,499

OPPO A74 5G
OPPO A74 5G

17,990

Oppo A53s 5G
Oppo A53s 5G

14,990

Vivo V21 5G
Vivo V21 5G

29,990

Realme C25
Realme C25

9,499

Realme C21
Realme C21

7,999

Realme C20
Realme C20

6,799

Motorola Moto G60
Motorola Moto G60

17,999

iQOO 7
iQOO 7

31,990

Samsung Galaxy M42 5G
Samsung Galaxy M42 5G

21,999

Xiaomi Mi 11 Ultra
Xiaomi Mi 11 Ultra

69,999

Xiaomi Mi 11X Pro 5G
Xiaomi Mi 11X Pro 5G

39,999

Xiaomi Mi 11X
Xiaomi Mi 11X

29,999

Realme 8 5G
Realme 8 5G

13,999

Samsung Galaxy F02s
Samsung Galaxy F02s

8,999

Samsung Galaxy F12
Samsung Galaxy F12

10,999

POCO X3 Pro
POCO X3 Pro

18,999

Realme 8 Pro
Realme 8 Pro

17,999

Realme 8
Realme 8

14,999

Vivo X60 Pro Plus
Vivo X60 Pro Plus

69,990

Vivo X60 Pro
Vivo X60 Pro

49,990

Vivo X60
Vivo X60

37,990

OnePlus 9 Pro 5G
OnePlus 9 Pro 5G

64,999

OnePlus 9R 5G
OnePlus 9R 5G

39,999

OnePlus 9 5G
OnePlus 9 5G

49,999

Samsung Galaxy A72
Samsung Galaxy A72

34,999

Samsung Galaxy A52
Samsung Galaxy A52

26,499

Micromax In 1
Micromax In 1

10,499

Asus ROG Phone 5
Asus ROG Phone 5

49,999

Samsung Galaxy M12
Samsung Galaxy M12

10,999

Motorola Moto G30
Motorola Moto G30

10,999

Motorola Moto G10 Power
Motorola Moto G10 Power

9,999

Oppo F19 Pro Plus 5G
Oppo F19 Pro Plus 5G

25,990

Oppo F19 Pro
Oppo F19 Pro

21,490

Xiaomi Redmi Note 10 Pro Max
Xiaomi Redmi Note 10 Pro Max

18,999

Xiaomi Redmi Note 10 Pro
Xiaomi Redmi Note 10 Pro

15,999

Xiaomi Redmi Note 10
Xiaomi Redmi Note 10

11,999

Realme Narzo 30A
Realme Narzo 30A

8,999

Realme Narzo 30 Pro
Realme Narzo 30 Pro

16,999

Infinix Smart 5
Infinix Smart 5

7,199

Samsung Galaxy F62
Samsung Galaxy F62

23,999

Samsung Galaxy A12
Samsung Galaxy A12

12,999

Nokia 5.4
Nokia 5.4

13,999

Nokia 3.4
Nokia 3.4

11,999

Realme X7 Pro 5G
Realme X7 Pro 5G

29,999

Realme X7
Realme X7

19,999

Vivo Y31
Vivo Y31

16,490

Oppo Reno5 Pro 5G
Oppo Reno5 Pro 5G

35,990

Samsung Galaxy S21 Ultra 5G
Samsung Galaxy S21 Ultra 5G

1,05,999

Samsung Galaxy S21 Plus 5G
Samsung Galaxy S21 Plus 5G

81,999

Samsung Galaxy S21 5G
Samsung Galaxy S21 5G

69,999

Vivo Y12s
Vivo Y12s

9,990

Vivo Y51A
Vivo Y51A

17,990

Samsung Galaxy M02s
Samsung Galaxy M02s

8,999

Xiaomi Mi 10i
Xiaomi Mi 10i

21,999

Oppo A15s
Oppo A15s

11,490

Tecno Spark 6 Go
Tecno Spark 6 Go

8,499

Vivo V20 2021
Vivo V20 2021

24,990

Vivo Y20A
Vivo Y20A

11,490

Xiaomi Redmi 9 Power
Xiaomi Redmi 9 Power

11,999

Motorola Moto G9 Power
Motorola Moto G9 Power

11,999

Motorola Moto G 5G
Motorola Moto G 5G

20,999

Vivo V20 Pro
Vivo V20 Pro

29,990

Xiaomi Mi 10T
Xiaomi Mi 10T

35,999

Xiaomi Redmi 9i
Xiaomi Redmi 9i

8,299

Xiaomi Mi 10T Pro
Xiaomi Mi 10T Pro

39,999

Infinix Hot 10
Infinix Hot 10

9,999

Vivo V20 SE
Vivo V20 SE

20,990

Vivo V20
Vivo V20

24,990

Micromax In 1b
Micromax In 1b

6,999

Micromax In Note 1
Micromax In Note 1

10,999

OnePlus 8T
OnePlus 8T

42,999

Samsung Galaxy F41
Samsung Galaxy F41

15,499

Apple iPhone 12 Pro Max
Apple iPhone 12 Pro Max

1,29,900

Apple iPhone 12 Pro
Apple iPhone 12 Pro

1,19,900

Apple iPhone 12 Mini
Apple iPhone 12 Mini

69,900

Apple iPhone 12
Apple iPhone 12

79,900

Poco X3
Poco X3

16,999

Realme Narzo 20A
Realme Narzo 20A

8,499

Realme Narzo 20
Realme Narzo 20

10,499

Realme Narzo 20 Pro
Realme Narzo 20 Pro

13,999

Oppo F17
Oppo F17

16,990

Samsung Galaxy M51
Samsung Galaxy M51

22,999

Poco M2
Poco M2

10,999

Oppo F17 Pro
Oppo F17 Pro

22,990

Realme 7 Pro
Realme 7 Pro

19,999

Realme 7
Realme 7

14,999

Best Sellers