Reliance Globalcom Names Bill Barney as CEO

Top Quote Industry veteran and visionary advocate of Internet technology to lead company into accelerated phase of growth and unlocking of value. End Quote
  • (1888PressRelease) January 18, 2014 - New Delhi - Reliance Globalcom today announced the appointment of Mr.William (Bill) Barney as CEO of its three offshore businesses, comprising FLAG, Yipes and Vanco. A veteran of the Telecommunications industry, Mr. Barney's career spans more than 15 years in Asia. During his 10-year tenure as CEO of Pacnet, Mr. Barney led the company's successful acquisition of regional ISP, Pacific Internet, which operationally merged with Asia Netcom and re-launched as Pacnet in January 2008. Prior to Pacnet, Mr. Barney served as Asia Pacific President and CEO for MCI WorldCom (Verizon) where he led the company through a three-digit growth phase.

    "We are delighted to have Bill join us to lead Reliance Globalcom into an accelerated phase of growth and development, leading to enhanced unlocking of value for the benefit ofall our stakeholders," said Anil D. Ambani, Chairman, Reliance Communications Ltd. "Bill'strack record and ability in reshaping the technology business will be a true asset to Reliance Globalcom."

    "I m honored to join one of the world's leading business groups to run three very exciting businesses. We are at an important time in the evolution of global Internet technology, and I look forward to working with the team to further advance the company's position in the global marketplace," said Bill Barney, newly appointed CEO, Reliance Globalcom.

    Mr. Barney's appointment is effective immediately, and he will operate out of Hong Kong and Mumbai. Mr. Punit Garg will continue to lead the rapidly growing and highly profitable Indian enterprise business of Reliance Communications.

    About Reliance Communications Limited:
    Reliance Communications Limited founded by the late Shri Dhirubhai H Ambani (1932-2002) is the flagship company of the Reliance Group. The Reliance Group currently has a net worth in excess of Rs. 89,600 crore (US$16.5 billion), cash flows of Rs.9, 100 crore (US$ 1.7 billion), net profit of Rs. 4,300 crore (US$ 0.8 billion).

    Reliance Communications is India's foremost and truly integrated telecommunications service provider. The Company, with a customer base of over 125 million, including over 2.5 million Individual overseas retail customers, ranks among the Top 6 Telecom companies in the world by number of customers in a single country. Reliance Communications corporate clientele Includes over 39,000 Indian and multinational corporations including small and medium enterprises and over 830 global, regional and domestic carriers.

    Reliance Communications has established a pan-India, next generation, integrated (wireless and wireline), convergent (voice, data and video) digital network that is capable of supporting best-of-class services spanning the entire communications value chain, covering over 24,000 towns and 600,000 villages. Reliance Communications owns and operates the world's largest next generation IP enabled connectivity infrastructure, comprising over277, 000 kilometers of fibre optic cable systems in India, USA, Europe, Middle East and the Asia Pacific region.

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