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The split of the parent company into two entities-GTL and GTL
Infrastructure (GIL)-in 2005-06, could lead to the BPO division becoming one
of the first casualties; the management is reportedly looking for a strategic
investor to hive off the business. According to reports,
Providian or Goldshield, its major clients could be one of the investors
or possible buyers, though the management denied this. Incidentally, the loss of
Goldshield during the year was a setback.
Divestment of the BPO division is the fallout of declining margins in the
primarily voice-based business, compounded with rising salaries. With the new
focus purely on telecom infrastructure services, it made little sense to
continue with non-telecom BPO operations like dealing with financial services
clients such as Washington Mutual of the US and Zurich MF of the UK.
- Brought in expat managers, especially from the UK at the project head and
TL level, in its Mumbai and Pune centers
- Lack of non-voice processes hampered the company's growth
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22
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| Chairman & CEO: Manoj
Tirodkar |
l Start-up
Year: 1999 l Processes: Customer
relationship and back office management, marketing services and technical
helpdesk l Seats: 1,700 l
Facilities: 2 l Business Mix: Voice
(90%), Non-voice (10%) l Address: ES-IV,
MIDC, TTC Industrial Area, Mahape, Navi Mumbai 400710 l
Tel: 27688801 l Fax: 27680941 l
Website: www.gtllimited.com Page(s) 1
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