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Hi Teja,
Error “0x80072EE2” indicates a network connectivity issue. Are you working on a corporate network or an external network? If you it’s the former, we would suggest you try an external network to check the outcome. Also you can follow this article to troubleshoot this issue before we proceed for further investigation.
Fix Unlicensed Product errors in Office
We look forward to your updates.
Thanks,
Kerwin