Probal Ghosal has joined Quipo Telecom Infrastructure Pvt Ltd, a subsidiary of Quipo Infrastructure, as its CEO. He moves from Bennett Coleman & Co Ltd, where he was Director-Finance of The Times of India Group.
Commenting on his new role, Ghosal said, “Quipo Telecom, which is into the telecom infrastructure business, has plans to roll out 6,000 telecom towers in the next 12 months and has chalked out plans to plant 40,000 telecom towers by the year 2011 with an investment of $2.5 billion. This is a huge opportunity for me and I will be involved in driving the company and looking after execution of our plans. Besides fund raising, my role will be to ensure the right supply chain management, manage telecom circles and ensure good CRM with our operators, among others. This is a huge responsibility, especially considering the humongous plans we have in place.”
Quipo enjoys the patronage of SREI and its main investment stakeholders include Swedfund of Sweden, FMO of Netherlands and IDFC and GIC of Singapore.
Ghosal, who had been with BCCL for the past seven years, has also worked with GE Capital and Siemens. At BCCL, he had played a key role in diversification and expansion of the company into other mediums be it the Internet, radio, TV or events. He has been instrumental and part of some key deals such as the JV for the BCCL magazine business and JV with Reuters for Times Now, besides working closely on the Internet business.
Ghosal feels that his experience at BCCL has been enriching, especially when he got an opportunity to work with Jain brothers, who helped him to think beyond finance and look at a strategic approach to business.