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Anil Ambani takes reins at Reliance Infocomm
BY OUR BUSINESS CORRESPONDENT
June 26, 2005: Anil Ambani, the younger scion of the Ambani family on Sunday took charge as chairman and managing director of Reliance Infocomm, India's leading mobile telecom operator.
Anil Ambani is also chairman of Reliance Energy and Reliance Capital. These companies are now owned by Anil, which came to him as part of a settlement formula hammered out in the last months, which saw the establishment of Anil Dhirubhai Ambani Enterprises (ADAE) Group. From now, Reliance Infocomm is an ADAE company.
SEE EARLIER STORY ON RELIANCE GROUP SPLIT HERE: http://www.dancewithshadows.com/pub/reliance-split.asp
On Sunday morning, June 26, Anil arrived at Reliance Infocomm's sprawling 140-acre campus at Dhirubhai Ambani Knowledge City (DAKC), along with mother Kokilaben Ambani and other members of the Ambani family. He also visited Reliance Info's infrastructure facilities and spoke to several Infocommers.
Chartered accountant Gautam Doshi and IIM Bangalore professor J Ramachandran were also appointed directors on the RIC Board on Sunday.
He also addressed the the Reliance Infocomm personnel through a nationwide web cast across its 85 locations in India. "It is a privilege to assume the leadership of this great enterprise. We are committed to creating value and leading a billion Indians into the digital era," he said.
Reliance Infocomm is India's largest private information and communications services provider, with a subscriber base of over 11 million. Reliance Infocomm has established a pan-India, high-capacity, integrated (wireless and wireline), convergent (voice, data and video) digital network, to offer services spanning the entire Infocomm value chain.
BY OUR BUSINESS CORRESPONDENT
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