Acquisitions29 Jul 2025, 01:04 pm
Bharti Airtel Ltd Completes Acquisition of 5% Stake in Aduna Holding Global LLC
AI Summary
Bharti Airtel Ltd has completed the acquisition of approximately 5% membership interest in Aduna Holding Global LLC. This move is part of a venture created by Ericsson with global communication service providers to combine and sell aggregated network Application Programming Interfaces (APIs) globally. The transaction was completed as per the Membership Interest Purchase Agreement entered into by the Company.
Key Highlights
- Bharti Airtel Ltd has completed the acquisition of 5% stake in Aduna Holding Global LLC, a venture by Ericsson.
- The venture aims to combine and sell aggregated network Application Programming Interfaces (APIs) globally.
- The transaction is part of the Membership Interest Purchase Agreement entered into by the Company.
- The investment in Aduna Holding Global LLC is expected to strengthen Bharti Airtel's global communication services.
- The press release by Ericsson regarding the completion of the transaction can be accessed at their official website.