C&W's public relations manager, Errol Miller said yesterday that the resignation was "by mutual agreement", though he did not elaborate as to why it was with immediate effect.

King's resignation followed a period of frenetic corporate restructuring at the telecoms firm, in which he was replaced as vice-president of mobile services by Ian Neita. He was then named vice-president of residential services.

Prior to being named vice-president of mobile services, Neita was responsible for sales and services.

In that reorganisation, Andrew Cherry replaced Rakesh Goswami as vice-president of finance.

Reports have circulated that King left the company to start his own business, but he declined to confirm that information when contacted yesterday by the Business Observer. "I have no comment," said King.

Miller said yesterday that C&W was "currently examining its internal resources, to see who will fill the position (residential services)".

Since last year, C&W has not only faced stiff competition in its cellular market, but has lost 10 per cent of its residential customers -- mainly those who have racked up huge bills and opted for cellular service rather than settling their indebtedness.

King, who spent about two years at C&W, oversaw the recent transition to the company's US$101-million mobile GSM network.

The first round of restructuring at the firm occurred last year when the regional division, which oversaw the Caribbean operations, was dismantled. Both chief executive officer, Errald Miller and George Brown, chief information officer, resigned.

http://www.jamaicaobserver.com/magazines/Business/html/20031118T220000-0500_51815_OBS_C_W_VP_RESIGNS.asp