Virgin Mobile SA says CEO identified

 ·17 Jul 2012
Virgin Mobile

Virgin Mobile SA says it has identified a new CEO to replace Steve Bailey, who stepped down from his post at the end of May; however, his identity or joining date is not yet ready to be made public.

Jonathan Newman, chief strategy & marketing officer at Virgin Mobile South Africa said: “We have identified a new CEO but have not made his identity or joining date public.”

In the meantime, Newman says that Virgin Mobile SA subscriber numbers have crept up to a figure approaching 400,000.

In June, Virgin Group and Friendi Group signed a strategic partnership agreement for the Middle East and Africa.

The groups would merge their regional telecom operations to create a combined entity to be called “Virgin Mobile Middle East & Africa” (VMMEA), which would develop and operate mobile telecommunications businesses across the region.

Virgin is the majority shareholder in Virgin Mobile South Africa, while Friendi Group is a Mobile Virtual Network Operator (MVNO) group in the Middle East.

The combined group would manage the current operations of Virgin Mobile in South Africa and Friendi Group in Oman, Jordan and Saudi Arabia, creating a sizeable regional mobile telecom player with more than one million customers.

TechCentral reported on Tuesday that Steve Bailey has walked away from Nigeria’s Glo Mobile, a mere month into his tenure as chief commercial officer.

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