Infosys and Telstra have entered into a joint venture, where Infosys will acquire 75% of the shareholding in Versent Group, a wholly owned subsidiary of Telstra Group, that delivers cloud and digital transformation. Infosys will have operational control, while Telstra will continue to retain a 25% minority stake in Versent Group.
With a team of 650 engineers, advisors, strategists spread across Australia, Versent Group strengthens Infosys’ local presence. Versent Group primarily serves large organisations with established presence in government & education, financial institutions, energy, and the utilities sector.
This strategic collaboration will see Versent Group’s cloud and digital transformation expertise boosted by Infosys’ advanced AI capabilities, Cloud, Data and Digital consulting services.
In 2024, Infosys had announced a strategic multi-year collaboration with Telstra to accelerate its software engineering and IT transformation journey and enhance customer experience. Further, in 2025, Infosys announced a collaboration with Telstra International, to advance technology leadership, drive innovation and support Telstra’s new Connected Future 30 strategy. This joint venture is another key step in strengthening the strategic collaboration between the two organizations to further the technology transformation agenda for enterprises across the region.
The transaction is expected to close during the second half of FY 2026, subject to regulatory approvals and customary closing conditions.
