Bharti Airtel Limited has informed the Exchange about General Updates
BHARTIARTL · price
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Bharti Airtel has completed its previously announced acquisition of approximately 5% membership interest in Aduna Global Holding LLC (formerly Ericsson US Dhaulagiri LLC). Aduna is a joint venture set up by Ericsson along with several global telecom operators to combine and sell aggregated network Application Programming Interfaces (APIs) worldwide. The transaction, first disclosed on October 31, 2024, has now been closed. No financial details of the deal have been disclosed in this filing.
This is a small strategic stake (around 5%) in a global network API venture rather than a material financial investment, so direct impact on Bharti Airtel's earnings is likely minimal. However, it gives the company exposure to a fast-growing global platform for monetising telecom network capabilities, which could support its long-term digital revenue strategy.