Canada invests $470 million into Ericsson

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Alexis Le Marec
As an avid user of social media and online applications, Alexis shares her expertise on how technology influences our social interactions and our daily lives. His practical advice will help you navigate the connected world with ease.

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A $470 million partnership between Ericsson and Canada is expected to put the country at the forefront of the global development of next-generation communications technologies.

It is through an Ericsson press release that we learned that the Canadian government has just concluded an agreement with the Swedish company in order to develop the networks of the future notably the 6G. This investment plan of 470 million dollars will last 5 years and will allow the development of Ericsson’s facilities in Ottawa and Montreal. This project is expected to ultimately create hundreds of jobs and retrain positions in Ottawa and Montreal over the next five years. The investment will also strengthen these centers as global leaders in 5G+, 6G, artificial intelligence, Cloud RAN and core networks.

The future of mobile networks, artificial intelligence and quantum computing

The announcement was made in Ottawa by Canadian Prime Minister Justin Trudeau, Minister of Innovation, Science and Industry François-Philippe Champagne, and Ericsson President and CEO Börje Ekholm. “Today’s announcement is further proof that Canadian workers have the talent the world needs to create faster and more secure Internet connections,” said Mr. Trudeau. “By investing in research and development with Ericsson, we are not only supporting Canadian innovation but also creating quality jobs in a key sector of the digital economy. ”

Ericsson President Ekholm emphasized the strategic importance of the partnership for Ericsson and for Canada. “We are proud to work with the Government of Canada to strengthen our R&D presence in the country and contribute to its global leadership in communications technologies,” he said. “This partnership will enable us to accelerate the development of innovative solutions that will meet the current and future needs of Canadian and international customers. ”

The investment will also support the expansion of research facilities and support for quantum computing personnel at Ericsson’s recently established Quantum Research Centre in Montreal. The center aims to explore potential applications of quantum computing in mobile networks.

Image Credit: Government of Canada

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