Vodafone Group, with an inventory of over 61,000 towers, yesterday announced that Vivek Badrinath will be appointed Chief Executive of its new European tower company, to be called “TowerCo,” effective April 1, 2020. TowerCo will be legally separated into a new organization and become operational by May 2020, with a senior team in place by that time.
Badrinath is currently the Chief Executive of Vodafone’s Rest of World operations. He has telecom and technology leadership experience from his role at Vodafone and his previous roles at Orange, where he was Deputy Chief Executive and prior to that led its global networks and operations division. Before joining Vodafone, Vivek was Deputy Chief Executive of international hospitality group AccorHotels.
Nick Read, Chief Executive of Vodafone, said: “I’m pleased that Vivek, one of our most experienced senior executives, will be leading our new tower business. We believe that there is significant scope to generate operational efficiencies and increase tenancy ratios across our tower portfolio, and that we will be able to unlock value for shareholders.”