Telecom major Reliance Communications has appointed Deepak Khanna as CEO of its Indian enterprise business.
The Anil Ambani-promoted Reliance Communications is already serving over 45,000 large, medium and small enterprises, including nearly 850 of the top 1,000 corporates in India.
Reliance Communications is targeting 30 percent per annum compounded growth in the enterprise space in both revenues and profitability over the next 5 years.
The expansion in the local enterprise business is happening at a time when the telecom giant is considering divestment of Reliance Globalcom. Punit Garg is the CEO and president of Reliance Globalcom that competes with Tata Communications, SingTel, BT, etc.
Reliance Communications competes with Tata Teleservices, Bharti Airtel, Vodafone, etc. in the enterprise segment.
Since there’s too much pressure in the voice and data market, focus on the rapidly growing enterprise space is one of the key strategies of Reliance Communications to gain revenue share in the mobile market.
As part of its enterprise offerings, Reliance Communications offers cloud services, data center services, video conferencing solutions, data connectivity, managed services, etc.
It targets industry verticals such as BFSI, retail, manufacturing, IT/ITeS, etc.
With the new appointment, Reliance Communications will be enhancing its focus on enterprise business in India.
Deepak will report to Reliance Communications Wireless CEO Gurdeep Singh.
Deepak is joining Reliance Communications from the ailing Tulip Telecom.
Besides Tulip Telecom, he also worked with Bharti Airtel in leadership roles.
Indian enterprise communication market is seeing lots of action. Last week, Hindu BusinessLine reported that Airtel’s enterprise business CEO Milan Rao has resigned.
Bharti Airtel will have a new leadership team soon.
Ajay Chitkara is the new CEO of the global data and voice business while Neil Pollock is the head of the newly created data center subsidiary. Chitkara will report to Airtel India CEO Gopal Vittal and Pollock will report to Akhil Gupta, deputy Group CEO at Bharti Enterprise. Last week, Krish Shankar, executive director, Human Resources, has also resigned from Airtel.