Financial Times

Dinesh Ambani, new Vice Chairman at Suntel
Suntel recently announced the appointment of Dinesh Ambani as Vice Chairman to the Board of Management. Ambani a prominent local businessman is also the Chairman of Metrocorp (Pvt) Ltd., Bogawantalawa Tea Estates Ltd, Eco Power Holdings Ltd. and M G Consultants (Pvt) Ltd, a Suntel statement said.

Suntel is a joint venture company that brings together the resources and expertise of Swedish telecom giant Overseas Telecom AB, Metropolitan Group of companies, Townsend Limited of Hong Kong, the National Development Bank, and the International Finance Corporation (IFC) - a member of the World Bank Group.

Its Board of Directors are Anders Ekman (Chairman), Dinesh Ambani (Vice Chairman), Per Erik Fylking, Gunnar Andersson, Lillemor Larsson, Lalith Ambani and Varun Bery.

Apart from his several business interests, Ambani currently represents Metrocorp and its affiliates which hold approximately 20% of Suntel shares. He is also Suntel's founder Director and was responsible in bringing Telia AB to the joint venture that formed the Company back in 1996.

Commenting on the company's future plans, he says "We are hopeful that the authorities will take immediate measures to allocate the much needed frequencies which will enable Suntel to take it's next phase of the expansion"

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