Sandip Basu has joined Loop Mobile (earlier BPL Mobile) as the chief executive officer. He replaces Sanjeev Chachondia, who is serving his notice period at the company.
Basu joins Loop Mobile from XCEL Telecom, where he was the managing director and CEO.
A commerce graduate from Delhi and a qualified chartered and cost accountant, Basu will oversee the national launch of the company's subsidiary, Loop Telecom, and further strengthen the position of Loop Mobile in Mumbai.
Loop Telecom has received license to start GSM services in 21 telecom circles in the country and has received the spectrum for 20 circles. It has launched operations in Tamil Nadu, Orissa, Karnataka and Kerala under the brand name, Loop Mobile.
BPL Mobile, operating in Mumbai for over 13 years, was re-branded early this year as Loop Mobile, and claims to cater to over 2.5 million subscribers.