Sanjeev Chachondia, CEO, Loop Mobile, quits

After spending three-and-half years at Loop Mobile (earlier known as BPL Mobile), Sanjeev Chachondia, CEO of the company, has decided to put in his papers.

According to industry sources, he may be joining a telecom company shortly.

Sanjeev, who has been with the telecom industry for the past 23 years, resigned at a time when the wireless operator is spreading its wings across the country.

Loop Mobile is on expansion spree. It recently rolled out its GSM operation in Kerala and Karnataka circles under the brand name Loop Mobile. In June Loop rolled out its services in Tamil Nadu and Orissa. Loop is among the new mobile services companies to be awarded licenses to operate across 21 circles by DoT. The company, as part of its pan-India roll out has achieved its plans of soft launch in five circles that were scheduled for mid June.

Sanjeev is credited with the brand change from BPL to Loop. BPL Mobile, the country’s oldest mobile telecom service provider, has changed its name to Loop Mobile, following the expiry of its brand-use agreement with the TPG Nambiar-promoted BPL Group.

Sanjeev spent some 23 years in the telecom industry. His earlier responsibilities included strategy and business planning for the broadband business, mobile business and NLD. He has also played a key role in operations, business development, sales, marketing and network planning in various capacities. Sanjeev has also worked with the Indian Railways - signaling & telecommunications, Tata Power Broadband, Tata Teleservices and Essar Telecom Infrastructure.