Bharti Airtel Completes 5% Stake Buy In Ericsson-led Aduna Global

Bharti Airtel Ltd. on Tuesday said it has completed the acquisition of a 5% membership interest in Aduna Global Holding LLC, a venture created by Ericsson along with global communication service providers to sell aggregated network application programming interfaces worldwide.

Aduna Global, announced on September 11, 2024, is owned 50% by Ericsson, while the rest is shared among 12 telecom players including Airtel. The telecom major had disclosed its intent to acquire the stake on October 31, 2024.

Membership interest gives economic ownership—such as profit and voting rights—similar to shareholding. The company did not disclose any financial transaction value for this deal.

According to Ericsson’s press release, Aduna Global is backed by AT&T, Bharti Airtel, Deutsche Telekom, Ericsson, KDDI, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon, and Vodafone.