Reliance Communications sees 30% growth in enterprises division in 5 years

07 Sep 2013

Anil Dhrubhai Ambani Group (ADAG) firm Reliance Communications expects revenues and profits from its enterprises division to grow 30 per cent year-on-year over the next five years, Deepak Khanna its incoming CEO for India enterprise business, said.

Reliance Com had announced the appointment of Deepak Khanna as CEO for India Enterprise Business yesterday (See: Reliance Communications appoints Deepak Khanna as CEO, enterprise business).

"Reliance is ideally positioned in the enterprises domain, already serving over 45,000 large, medium and small enterprises in India. We expect to register 30 per cent per annum compounded growth in this space in both, revenues and profitability over the next 5 years," Khanna said in a statement.

Khanna has over 15 years of experience in the telecom industry, having worked with rival Bharti Airtel and later with Tulip Telecom.

He moved from Airtel in 2011 and joined Tulip Telecom as president of the company, RCom said in a statement.