India's Infosys to buy 75% stake in Telstra unit for $153 million

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Indian IT services company Infosys said on Wednesday that it would take a 75 per cent stake in Versent Group, a wholly owned unit of Australia's Telstra Group, for A$233.3 million ($153 million). Versent Group provides cloud services to Australian organisations in sectors such as finance, energy, utilities, government and education, Infosys said in a statement. The deal, which Infosys says will boost its local presence, is expected to close by the second half of fiscal 2026, subject to

India's Infosys to buy 75% stake in Telstra unit for $153 million https://www.channelnewsasia.com/ - 13.08.2025 17:30

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India's Infosys to buy 75% stake in Telstra unit for $153 million https://www.channelnewsasia.com/ - 13.08.2025 17:30