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itel Mobile CEO Sudhir Kumar quits

IANS  |  New Delhi 

Kumar, of itel and Spice Devices, has quit, informed industry sources told IANS on Sunday.

itel Mobile is one of the leading mobile phone brands in the country that launches budget with great features.

Recently, the company launched its latest 4G itel A40 for Rs 3,099 in association with

Launched by its parent company Transsion Holdings, itel forayed into the Indian market in April 2016, and has 13 and 19 feature phones in its product portfolio. The company also has more than 900 service touch points.

itel registered an increase in its overall market share from nine per cent in the January-March quarter last year to 12.42 per cent in second quarter.

According to Research, it witnessed 293 per cent growth in category and grew its feature phone market share to 19 per cent.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, January 14 2018. 18:54 IST