Monday, October 26, 2015

Reliance Jio Snatches Talent from Cable Industry in India

Mukesh Ambani's Telecom 2.0 Venture Reliance Jio Infocomm has snatched the top quality talent from competitors. They have roped in ex-CEOs of two leading Indian cable companies – Hathway Cable & Datacom and DEN Networks. Mr. K Jayaraman, the CEO of Reliance Jio’s MSO business, was the CEO & MD of Hathway. Mr. S N Sharma, former CEO of DEN Networks, is also now a part of Reliance Jio and reports to Mr. Jayaraman. We would like to highlight they worked together at Hathway in the past. Both are well-known in the industry for the excellent equations they share with broadcasters and LCOs. With Mr. Sharma on board, Jio would look to leverage on his strong relations with LCOs in North India, especially Uttar Pradesh. Mr. Sanjay Goyal, former CFO of Siti Cable, has also recently joined Reliance Jio. We believe Mr. Goyal’s expertise in East India operations, would be a key advantage for Jio.

Apart from operations personnel, senior people from marketing, legal and technology have also left Hathway to join Jio. An example is Mr. Amit Shah (Head – Content & VAS), who has experience across the value chain. After working at Hathway for 10 years, Mr. Shah worked at Videocon d2h as Head – Content for two years. In Fig below, we show a list of employees who have left Hathway and joined Jio.

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