Ericsson Completes Aduna Transaction, Establishes 50:50 Joint Venture with 12 CSPs

Ericsson announces the completion of the Aduna transaction, formally establishing Aduna as a 50:50 joint venture between Ericsson and 12 global communication service providers. The Aduna ecosystem comprises major developer platform companies, global system integrators, communication platform as a service companies, and independent software vendor partners. The transaction was completed after 10 months of building the ecosystem, and Aduna CEO Anthony Bartolo encourages more telecom operators to join the company to drive the industry and developer experience.

Ericsson has finalized the transaction that establishes Aduna as a 50:50 joint venture between the company and twelve global telecom operators, including AT&T, Deutsche Telekom, Vodafone, and Telstra [1]. Aduna, operational since September 2024, aims to globally commercialize aggregated network APIs and is backed by a broad coalition of industry players such as Google Cloud, Microsoft, Sinch, and Tech Mahindra [1].

The completion of the deal is a significant milestone for Aduna, which was created to combine and sell aggregated network APIs globally. The joint venture includes major developer platform companies, global system integrators, communication platform as a service companies, and independent software vendor partners [3]. The transaction was completed after ten months of building the ecosystem, with Ericsson holding 50 percent of the venture equity and the remaining 50 percent held by the twelve CSPs [3].

Aduna CEO Anthony Bartolo views the completion of the deal as a catalyst to scale up API adoption among developers worldwide. He encourages more telecom operators to join the company to drive the industry and developer experience [3]. The platform aims to enhance connectivity, allowing for seamless collaboration between developers, enterprises, and telecom providers to drive innovation [2].

The joint venture aligns with Maxis’s commitment to support global open standards and protocols, fully aligning with the GSMA Open Gateway framework and CAMARA Project [2]. Maxis recently partnered with Aduna to drive the adoption of powerful, standardized network APIs that will accelerate digital innovation for businesses [2].

The Aduna ecosystem, which includes major developer platform companies, global system integrators, communication platform as a service companies, and independent software vendor partners, plays a vital role in advancing the reach and impact of network APIs worldwide [3].

References:
[1] https://www.marketscreener.com/news/ericsson-completes-aduna-transaction-a-new-joint-venture-with-global-telecom-giants-ce7c5fd9dd89f621
[2] https://cybersecurityasia.net/maxis-partners-with-aduna-to-api-security/
[3] https://www.prnewswire.com/news-releases/ericsson-announces-completion-of-aduna-transaction-302515824.html