February 24, 2012 1:26 PM

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Etisalat files civil case against its Indian JV partners

UAE telecoms operator Etisalat has filed civil case alleging fraud and misrepresentation by its Indian joint venture partners; DB reality in the Etisalat DB Telecom Limited. It said the company was induced into an investment without any disclosure of the matters in connection with the obtaining of 2G Licenses by EDB. The licenses of EDB was cancelled along with 121 other firms by the Supreme Court last month.The company had announced on Tuesday that it is winding up its India operations in the wake of Supreme Court judgement.

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