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Former DEN CEO SN Sharma joins Reliance Jio
MUMBAI: Reliance Jio is building a formidable team for its MSO business. With K Jayaraman as CEO, the company has roped in former DEN Networks CEO SN Sharma to be part of the senior leadership team to look into the cable TV side of the business.
TelevisionPost.com was the first to report that Jayaraman had quit Zee Entertainment Enterprises Ltd (ZEEL) to join Reliance Jio and would head the MSO business. He was earlier MD and CEO of Hathway Cable & Datacom.
A few other senior Hathway executives have also joined the Reliance company. Among them are Sanjay Ghagre and Rajeev Pareek. While Ghagre will look after operations, Pareek has joined as senior VP, sales, marketing, and product. In their earlier roles, Ghagre was vice president of operations while Pareek as EVP was looking after Hathway’s broadband business and marketing activities.
Rohinton Dadyburjor, vice president of operations at Hathway, will join Reliance Jio on 2 March, according to a source.
Reliance Jio Media, a subsidiary of Reliance Jio, had earlier applied to the Ministry of Information and Broadcasting (MIB) for an MSO licence. The MSO application is awaiting clearance from the Ministry of Home Affairs (MHA).
“The plan is to become a strong national MSO. The mandate of the new team is to build scale in digital cable and be involved in broadband rollout. Reliance Jio’s overall plan is to be a formidable quad-play service provider,” a source said.
Reliance Jio has a fibre-to-the-home plan to offer TV channels to consumer homes. Though the business architecture of this is still under wraps, it is widely known that the company is going to offer broadband internet, television and telephone with wireless service provisions.