10-Sep-2014 04:41:00 GMT
Champions League T20 2014
OPPO Replace Karbonn of CLT20 Title
New Delhi: In a jolt to the Champions League T20, Karbonn Mobiles has withdrawn its title sponsorship from the tournament and stated that it was looking at other cricketing properties.
The Delhi-based company has been associated with the league for two years. Speaking to the Mumbai Mirror, Pradeep Jain, the MD of Karbonn Mobile, said, "We were inside the tournament for two years and now we will watch it from outside."
Sudhir Haseeja, one of the promoters of the company said that the company was exploring other cricketing avenues. He said that the company wanted to be associated with international cricket and was exploring different options.
When asked about the amount of mileage Karbonn received from the CLT20, the officials refused to comment. However, the CLT20 organisers have not wasted time and have roped in a new sponsor.
Chinese mobile phone company OPPO has become the title sponsor of the tournament. The qualifiers begin on September 13 in Raipur while the main tournament begins on September 17.
Speaking to the media, Tom Lu, CEO of OPPO Mobiles India, "We are truly fortunate to have won the title sponsorship rights for such a prestigious and popular cricket tournament. We are sure that with OPPO Champions League T20, more and more Indian users will get to know about our brand, the technology and the experience our smartphones deliver."
According to sources, the deal is worth Rs 8 crore a year but officials were unwilling to quote an exact figure.