Amitabh Jaipuria, president and mobility business head of Reliance Jio Infocomm, is said to have stepped down ahead of the Mukesh Ambani-led telecom entrant’s much-awaited commercial launch of 4G services.
Jaipuria is learnt to have put in his papers last week on personal grounds and may move out of the telecom industry, a person aware of the matter told ET.
A former managing director of the Indian unit of US agriculture company Monsanto, Jaipuria joined Reliance Jio a little over two years back as its wireline business head. About a year ago, he was asked to manage Jio’s mobility business and oversee a host of functions, including customer acquisitions, usage and retention (U&R), Wi-Fi and enterprise businesses.
Jaipuria’s exit could lead to a possible segment-wise restructuring of the company’s mobility business vertical with the naming of separate functional heads to manage customer acquisitions, U&R and Wi-Fi, another person with direct knowledge of the matter said.
Jaipuria could not be reached for comment while Reliance Jio did not reply to ET’s email queries. Jaipuria was reporting to Reliance Jio’s national business head Pankaj Pawar.
The exit comes on the heels of Jio starting sales of its Lyf 4G smartphones with SIM cards in key cities. The company recently launched Jio.com, a website through which potential 4G consumers can register and obtain mobile connections.
The telecom arm of Reliance Industries has so far been offering its high-speed mobile broadband services to Reliance group employees, partners and referrals.
Reliance Jio has been planning a 4G services launch for six years and has spent Rs1.5 lakh crore on building the infrastructure for this.