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Ericsson expands partnership with federal government, investing over $630 million in R&D centers

Nov 07, 2024over 1 year ago

Contract Type

partnership

KistaMobileTelecommunications

Description

Ericsson Canada is expanding its partnership with the federal government through a combined investment of more than $630 million in research and development centers, aimed at advancing next-generation communications technologies, creating jobs, and providing training. The funding will also further grow Ericsson’s partnerships with Canadian post-secondary institutions.

Company Information

Company

Ericsson

Location

Kista, Stockholms län, Sweden

About

Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

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