Contact Information: For further information, contact: Steven Manuel Sr. Director, Corporate Marketing, Worldwide Aricent Tel: +1 650 391 1621 Email: Jay Nichols Americas: Sterling Communications Tel: +1 415 992 3210 Email: Paula Muezerie Europe: AxiCom Tel: +44 208 392 4081 Email: Varun Dubey Manager, Corporate Marketing, APAC Aricent Tel: +91 9711367093 Email: Shikha Singh Sehrawat India: Text 100 Tel: +91 981 175 7369 Email:
Aricent Names Ex-Vodafone CEO Arun Sarin to Its Board of Directors
Mobile Industry Veteran to Help Shape Aricent's Innovation Initiatives for Network Operators
| Quelle: Aricent
PALO ALTO, CA--(Marketwire - February 3, 2010) - Aricent®, a global innovation, technology
and services company focused exclusively on communications, today announced
Arun Sarin to its Board of Directors. Mr. Sarin is currently a Senior
Advisor at KKR, and prior to that served as Chief Executive Officer of
mobile telecommunications leader Vodafone Group, PLC.
"The one common thread today in telecom is meeting consumers ever growing
expectations for innovative products and services," said Arun Sarin, board
member at Aricent. "Innovation and technology are so tightly coupled today
that operators' cannot look at them separately. Aricent is the first
company with a complete solution to this difficult set of challenges, and
the future looks very exciting. I'm thrilled to be joining the Aricent
team."
Mr. Sarin's career began in 1984 at Pacific Telesis Group (PTG), where he
pioneered the expansion of the mobile communications industry by acquiring
numerous domestic and international cellular licenses. He held several
senior roles at PTG over the next decade. In 1994, he led the review and
recommendation for the spinoff of the wireless businesses from PTG, which
became AirTouch Communications. Subsequently, he was appointed President
and COO of AirTouch in 1997.
With the 1999 merger of Vodafone and AirTouch, Mr. Sarin became CEO of
Vodafone's US/Asia Pacific region. He left Vodafone in 2000 and rejoined as
Chief Executive Officer in 2003. The group's M&A focus was originally based
on opportunities in developed markets, but this shifted to incorporate
emerging markets in 2006. Mr. Sarin then led the company's re-entry into
the Indian market in 2007, and also acquired several other mobile operators
in high growth regions such as Turkey, Ghana, Romania, Czech Republic and
Qatar. In his five years as CEO, Vodafone returned capital of approximately
£34 billion to shareholders including dividends and buy backs. He retired
from Vodafone last year.
Mr. Sarin has an MS in Engineering and an MBA from the University of
California at Berkeley. He received his BS in Engineering from IIT, the
Indian Institute of Technology. He is a member of the Boards of Directors
of Cisco Systems, Inc., Charles Schwab Corp., and Safeway Inc. He has
served on numerous Boards in the past, including Gap Inc., and as a
Non-Executive Director of the Court of the Bank of England.
"The trajectory of Aricent's business and the volume of Tier 1 operator
engagements globally make this an ideal time for Arun to join the board,"
said Adam Clammer, member of KKR. "His contemporary understanding of
operators' business and technical priorities will benefit Aricent
significantly as the company continues to increase the size and scope of
its work with the world's leading communications service providers."
"Arun's intimate knowledge of the challenges operators face to deliver
innovative subscriber experiences in the face of unprecedented technology
complexity will provide invaluable insights to Aricent," said Sudip Nandy,
chief executive officer at Aricent. "Our integrated strategy, design and
development approach to innovation is unmatched today in the industry, and
we are fortunate to have Arun join our board at a time when our operator
engagements are ramping globally."
Keywords & tags: Aricent, KKR, private company, Silicon Valley, sequoia,
the family office, Canadian Pension Plan Investment Board, Vodafone, board
of directors
About Aricent
Aricent is a global innovation, technology and services company focused
exclusively on communications. Aricent combines the leading innovation
capabilities of frog design with unparalleled domain expertise in
communications as a strategic supplier to the world's foremost
infrastructure, application and service providers. The company's investors
include Kohlberg Kravis Roberts & Co., Sequoia Capital, The Family Office
and The Canadian Pension Plan Investment Board. For more information, visit
http://www.aricent.com.
Aricent is a registered trademark of Aricent Inc., in the United States and
other jurisdictions. All other trademarks are the property of their
respective owners.