New Delhi: Bharti Enterprises on December 23 announced the restructuring of
its telecom software division to launch a new entity, Bharti Telesoft
International Pvt Ltd.
The restructuring includes the merger with CellCloud Technologies, a high
value solutions & services provider for mobile networks. As a single entity,
Telesoft will address the operations and business support requirements of
telecom companies, focused on enabling them to enhance revenues and increase
operational efficiency, according to an official press release.
Speaking on the restructuring Sunil Mittal, chairman and group managing director,
Bharti Enterprises, said, "Our decision to restructure the telecom software
division is a strategic move designed to leverage our
expertise in the telecom sector and offer world-class telecom solutions &
services to our customers. Our vision is to create a global leader in
telecom solutions & services and enable telecom companies gain a competitive
edge while reducing the cost of operations at the same time."
Sanjiv Mittal will continue to be the chief executive officer (CEO) of Telesoft,
while the former founders of CellCloud Technologies Anil Gajwani and Ambar Sur have
been appointed as the chief operating officer (COO) and chief marketing officer
(CMO) respectively. The senior management team of Telesoft and the Bharti Group will
be the key promoters, the press release added.