Ericsson and Export Development Canada advance Canada's leadership in next-generation networks with $3 billion USD partnership agreement
Canada, Oct. 15 -- Ericsson announced the signing of a USD $3 billion partnership agreement with Export Development Canada (EDC) to expand investment in Canadian research and development, deepen domestic supply chains, and accelerate next-generation technologies including 5G, Cloud RAN, AI, and quantum innovation. With more than 3,100 employees nationwide and R&D centres in Ottawa, Montreal, and Toronto, Ericsson Canada is at the heart of the company's global innovation footprint. Canadian teams are driving advancements in 5G, 5G Advanced, and 6G, while also contributing to new research in quantum communications and AI-powered network management.The three-year partnership will enable Ericsson to expand its Canadian-led innovation and global...
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