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 Vodafone directors resigns from Bharti Airtel's Board

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bharath_ddd7



Number of posts : 842
Age : 31
Registration date : 2008-03-15

PostSubject: Vodafone directors resigns from Bharti Airtel's Board   Thu 10 Apr - 18:05

The two Vodafone directors on the Board of Bharti Airtel have left the company following its takeover of Hutch-Essar. Bharti Airtel chairman and managing director Sunil Mittal said that both the directors - Gavin Darby and Paul Donovan - have resigned. In January, the Vodafone directors had abstained from the Board meeting when Vodafone started its pursuit of Hutchison Telecom's stake in Hutch-Essar.Bharti Airtel has also announced that it has crossed the 40 million-mobile customer milestone. With this, Bharti Airtel becomes the first Indian mobile services provider and it says, the 10th in the world to join an exclusive list of global telecom operators with more than 40 million customers from a single-country.It took Airtel 11 years to reach the 20 million customer landmark and just another 13 months to add the next 20 million customers. The Company's overall wireless market share catapulted to over 23.2% as of April 2007 from 20.4% as reported in FY06.Currently, Airtel is present i
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