Ericsson announces completion of Aduna transaction
- Aduna now a 50:50 joint venture: 50 percent owned by Ericsson and 50 percent owned by twelve communications service providers (CSPs)
- Aduna has been operational since its formation announcement on
September 11, 2024 - Aduna ecosystem comprises CSP, major developer platform companies, global system integrators (GSI), communication platform as a service (CPaaS) companies, and independent software vendor (ISV) partners
Aduna is now owned by AT&T, Bharti Airtel, Deutsche Telekom, Ericsson, KDDI, Orange, Reliance Jio,
In addition to funding and commercial agreements, the shareholders bring to Aduna a wealth of support in the industry, including through telecom operator relationships, knowledge of the developer community, and expertise in network APIs. Ericsson also contributed its global network platform, on which Aduna will build and refine its offering.
Ericsson holds 50 percent of the venture equity, with the remaining 50 percent held by the above-named CSPs combined.
Aduna CEO,
In addition to the founding venture partners, the rapidly-expanding Aduna ecosystem includes a diverse range of technology and collaboration partnerships. These span additional CSPs worldwide, as well as major developer platform companies, global system integration (GSI) companies, communication platform-as-a-service (CPaaS) companies, and independent software vendor (ISV) companies.
To date these include: e&,
NOTES TO EDITORS:
Media queries: Media.Relations@adunaglobal.com
Related press release: Global telecom leaders join forces to redefine the industry with network APIs
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ABOUT ADUNA:
Aduna is a landmark venture between some of the world's leading telecom operators and Ericsson, dedicated to enabling developers worldwide to accelerate innovation by leveraging networks to their full potential via common network Application Programming Interfaces (APIs). Its venture partners include: AT&T, Bharti Airtel, Deutsche Telekom, KDDI, Orange, Reliance Jio,
ABOUT ERICSSON:
Ericsson's high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com
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