India arrests top executive of Etisalat joint venture

The arrest is in connection with an ongoing investigation into alleged favoritism in allocation of 2G spectrum

India’s Central Bureau of Investigation (CBI) has arrested the vice-chairman of Etisalat DB Telecom, a mobile services joint venture.

Shahid Balwa was arrested in connection with ongoing investigations into alleged irregularities in the allocation of 2G licenses and spectrum in 2008, a spokesman for the CBI said on Wednesday. Balwa is to be produced in court in Mumbai on Wednesday.

The country’s former telecommunications minister, A. Raja, and two key civil servants in the telecommunications ministry were arrested last week in connection with these investigations.

Irregular allocations of 2G licenses and spectrum in 2008 to some Indian operators may have cost the country about US$39 billion, according to a report by the Comptroller and Auditor General of India (CAG), that was presented in India’s Parliament in November.

Balwa is also managing director of DB Realty which promoted Swan Telecom, one of the companies that CAG said had benefited from the irregular allotment of licenses and spectrum. DB Realty subsequently sold a 45 percent stake in the company to Etisalat, and the company was renamed as Etisalat DB Telecom in 2009. Etisalat is the biggest mobile service provider in the United Arab Emirates.

Etisalat DB Telecom did not respond to a request for comment on the arrest.

John Ribeiro covers outsourcing and general technology breaking news from India for The IDG News Service. Follow John on Twitter at @Johnribeiro. John's e-mail address is john_ribeiro@idg.com

Join the Good Gear Guide newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags telephonyEtisalat DB TelecomtelecommunicationEtisalatregulationDB Realtygovernment

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

John Ribeiro

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Matthew Stivala

HP OfficeJet 250 Mobile Printer

The HP OfficeJet 250 Mobile Printer is a great device that fits perfectly into my fast paced and mobile lifestyle. My first impression of the printer itself was how incredibly compact and sleek the device was.

Armand Abogado

HP OfficeJet 250 Mobile Printer

Wireless printing from my iPhone was also a handy feature, the whole experience was quick and seamless with no setup requirements - accessed through the default iOS printing menu options.

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?