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Reliance Jio, Airtel to join Ericsson's global venture to sell network APIs
Reliance Jio and Bharti Airtel have joined a new global venture bringing together a dozen of the largest telecom operators globally, and telecom equipment major Ericsson, to combine and sell network Application Programming Interfaces (APIs) on a global scale. The move is set to open up the next
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Global telecom leaders join forces to redefine the industry with network APIs
Today, some of the world's largest telecom operators, including América Móvil, AT&T, Bharti Airtel, Deutsche Telekom, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon and Vodafone, together with Ericsson (NASDAQ: ERIC) are announcing a new venture to combine and sell network
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Global Telecom Operators Launch New Network API Venture
Closing of the transaction expected in early 2025, with Ericsson and telecom providers each holding 50 percent equity. Global telecom operators, including America Movil, AT&T, Bharti Airtel, Deutsche Telekom, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon, and Vodafone, in
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Global telecom leaders join forces to redefine the industry with network APIs By Investing.com
, /PRNewswire/ -- Today, some of the world's largest telecom operators, including América Móvil, AT&T, Bharti Airtel, Deutsche Telekom (OTC:DTEGY), Orange, Reliance Jio, Singtel, Telefonica (NYSE:TEF), Telstra (OTC:TLGPY), T-Mobile, Verizon (NYSE:VZ) and Vodafone (NASDAQ:VOD), together with
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Leading telecom operators, including Reliance Jio and Airtel, join Ericsson's initiative to create a global marketplace for network APIs, aiming to revolutionize the telecom industry and unlock new revenue streams.

In a groundbreaking move, global telecom leaders have joined forces to launch a new venture focused on network APIs (Application Programming Interfaces). This initiative, spearheaded by Ericsson, aims to redefine the telecom industry by creating a global marketplace for network APIs
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.The venture brings together major telecom operators, including India's Reliance Jio and Bharti Airtel, along with AT&T, Deutsche Telekom, e&, Orange, Singtel, Telefónica, and Vodafone
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. This collaboration aims to make network capabilities universally accessible and programmable, fostering innovation and creating new revenue streams for both operators and developers.The initiative will leverage CAMARA, a global open-source project, to ensure standardized APIs across operators and geographies
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. This standardization is crucial for enabling developers to create applications that can work seamlessly across different networks and regions.The global API market is projected to reach $6.2 billion by 2028, according to MarketsandMarkets research
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. By tapping into this growing market, telecom operators aim to unlock new revenue opportunities and enhance their service offerings.Ericsson, as the driving force behind this venture, will play a crucial role in developing and operating the technical solutions for the marketplace. The company's expertise in network infrastructure and 5G technology positions it well to lead this transformative initiative
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The network API marketplace will provide developers and enterprises with easy access to global network capabilities. This access is expected to accelerate innovation in various sectors, including gaming, entertainment, education, and enterprise applications
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.While the exact launch date for the marketplace is yet to be announced, the venture is expected to be operational in the coming months. The participating operators are currently working on finalizing the details of their collaboration and preparing for the rollout of standardized APIs
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