Search
      Channels
  News
  Home Loans
  Commercial Loans
  Insurance
  Credit Cards
  Calculators
  NRI Center
     Investment
  Mutual Funds
  Stock Research
  Market Tools
  Special Reports
  Fund Focus
  Company Focus
  Sector Focus
  Interviews
     Services
  Greetings
  Message Board
Partners
Home -> Finance -> Full Story
Bharti to restructure telecom software division
By Our Correspondent
Monday, December 23 2002 15:30 Hrs (IST)

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.