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Andrew Bonwick
Vice President of Product Development at Relm Insurance
Madhav Sheth
CEO of Ai+ Smartphone
Stephen Rose
CEO Render Networks
Ericsson today announced the completion of equity investments by twelve global communication service providers (CSPs) into its subsidiary, Aduna, formally establishing the company as a 50:50 joint venture. The venture aims to drive the global adoption of aggregated network Application Programming Interfaces (APIs) and has been operational since the original deal was signed on September 11, 2024.
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Also Read: Ericsson Names Its New API Venture Aduna
Twelve CSPs Join Forces with Ericsson
The newly formalised joint venture includes ownership by Ericsson and twelve major CSPs: AT&T, Bharti Airtel, Deutsche Telekom, KDDI, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon, and Vodafone. Ericsson retains a 50 percent equity stake, with the remaining 50 percent held collectively by the CSPs.
Also Read: Bharti Airtel to Acquire Membership Stake in Ericsson’s US-Based API Joint Venture
Global API Commercialisation at the Core
Aduna was created to commercialise standardised network APIs globally, providing a unified platform that enables developers to access telecom network capabilities across multiple operators. The company leverages Ericsson’s global network platform as its technological foundation, enabling scalability and interoperability across markets.
Also Read: Global Telecom Operators Launch New Network API Venture
“The closing of the transaction is another important step for Aduna,” said Aduna CEO Anthony Bartolo. “In just ten months we have built an impressive ecosystem comprising the biggest names in telecoms and the wider ICT industry. The closing provides renewed motivation for Aduna to accelerate the adoption of network APIs by developers on a global scale. This includes encouraging more telecom operators to join the new company, further driving the industry and developer experience.”
