Infosys is forming a joint venture with Telstra, which is intended to propel AI-enabled cloud and digital solutions for Australian businesses.
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. This combines Telstra’s connectivity, Versent’s local digital engineering expertise, and Infosys’ global scale.
The transaction is expected to close during the second half of FY 2026, subject to regulatory approvals and customary closing conditions.
With a team of 650 engineers, advisors, strategists spread across Australia, Versent Group strengthens Infosys’ local presence. Versent Group primarily serves large blue-chip organizations with established presence in government and 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.
“Our collaboration with Infosys reflects our confidence in the value we can unlock together,” said Vicki Brady, CEO ofTelstra. “Their global scale, deep industry knowledge, and culture of innovation and service excellence will be instrumental in accelerating Versent Group’s growth and impact across the region.”
Salil Parekh, CEO of Infosys said, expanding their collaboration with Telstra “unveils a new opportunity to further accelerate the innovation agenda for enterprises across the region.”
