No, Facebook’s India MD didn’t quit because of the Free Basics debacle
Social network Facebook has announced that its Managing Director in India, Kirthiga Reddy, will step down and return to the United States.
Facebook has announced that its Managing Director in India, Kirthiga Reddy, will step down and return to the United States. However, the company has said that this move had nothing to do with the TRAI ruling that resulted in Facebook shutting down Free Basics in India.
A Facebook spokes person said, "As she had planned for some time, Kirthiga Reddy is moving back to the US to work with the teams in Headquarters. During her time in India, Kirthiga was not involved in our Free Basic Services efforts."
Reddy will return to 'explore new opportunities' at the company's headquarters in Menlo Park, California in the next 6-12 months.
The move comes days after the Telecom regulator TRAI rejected differential pricing for data services in India, a setback to Facebook's plan to roll out a free Internet service.
"When my family relocated to India, we knew that we would move back to the US some day. It's a bittersweet moment to share that the return timeframe is coming up in the next 6-12 months. Our two daughters start high school and middle school this coming year - which serves as a natural transition point to make this move back," Reddy said in a post.