Post the enactment of Telecommunication law, incorporation of a competition company and the resultant approach of international expansion, the need arose for the corporation to be autonomous and take a more commercial approach in its operations. Moreover, as a result of international expansion and the aspiration to be one of the ten biggest telecom operators, the corporation needed to wring fence the national assets and network and separate the international operations.
A project for the restructuring of the hybrid organization and conversion thereof into a Public joint Stock Company. This started by drafting the Conversion Bill and working with a team of international management, financial and legal consultants for the restructuring process.
The process involved segregation and division of assets and segregation of accounts and ownerships, constitution of Boards and designing the lines of reporting and management.