8/12/2025, 9:46:38 AM | www.tradingview.com | news
PRESSR: Ericsson announces completion of Aduna transaction
Ericsson has completed the formation of Aduna, a 50:50 joint venture between itself and twelve global communication service providers (CSPs), including AT&T, Bharti Airtel, Deutsche Telekom, KDDI, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon, and Vodafone. The venture was established on September 11, 2024, with the goal of aggregating and selling global network Application Programming Interfaces (APIs) to developers. Aduna now operates as a unified platform combining the network capabilities of its partners, leveraging Ericsson's global network platform and the industry expertise of its shareholders. The transaction marks a significant step in accelerating the adoption of network APIs across the telecom and ICT sectors.