Bharti Airtel Limited — JV/Acquisition, 31-10-2024: Acquisition

Bharti Airtel Limited has entered into a Membership Interest Purchase Agreement to acquire approximately 5% interest in Ericsson US Dhaulagiri LLC, a newly incorporated entity focused on software development and network Application Programming Interfaces (APIs). This strategic acquisition aims to foster innovation in digital services. The transaction does not fall under related party transactions, and the specifics regarding the acquisition cost have not been disclosed due to confidentiality.