{"id":955248,"date":"2025-08-16T09:15:05","date_gmt":"2025-08-16T03:45:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=955248"},"modified":"2025-08-16T09:28:43","modified_gmt":"2025-08-16T03:58:43","slug":"infosys-to-buy-75-stake-in-telstras-versent-for-153-million-for-ai-led-jv","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/16\/infosys-to-buy-75-stake-in-telstras-versent-for-153-million-for-ai-led-jv\/","title":{"rendered":"Infosys to buy 75% stake in Telstra&#8217;s Versent for $153 million for AI-led JV"},"content":{"rendered":"<p>NEW DELHI: Homegrown IT services firm Infosys would acquire a 75% stake in Versent Group, a wholly-owned unit of Australian telecom group Telstra, for A$233.3 million (~$153 million), to establish an artificial intelligence (AI)-driven cloud joint venture (JV). <\/p>\n<p>&#8220;Infosys will acquire 75% of the shareholding in Versent Group&#8230;while Telstra will continue to retain a 25% minority stake in Versent Group, reflecting its confidence in the shared potential for growth and customer value, combining Telstra\u2019s connectivity, Versent\u2019s local digital engineering expertise, and Infosys\u2019 global scale,&#8221; Infosys said in a regulatory filing Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Homegrown IT services firm Infosys would acquire a 75% stake in Versent Group, a wholly-owned unit of Australian telecom group Telstra, for A$233.3 million (~$153 million), to establish an artificial intelligence (AI)-driven cloud joint venture (JV). &#8220;Infosys will acquire 75% of the shareholding in Versent Group&#8230;while Telstra will continue to retain a 25% minority stake in Versent Group, reflecting its confidence in the shared potential for growth and customer value, combining Telstra\u2019s connectivity, Versent\u2019s local digital engineering expertise, and Infosys\u2019 global scale,&#8221; Infosys said in a regulatory filing Wednesday.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-955248","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/955248","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=955248"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/955248\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=955248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=955248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=955248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}