Ericsson and Export Development Canada advance Canada's leadership in next-generation networks with $3 billion USD partnership agreement

Three-year partnership strengthens Canadian innovation in 5G, Cloud RAN, AI, and quantum technologies while supporting domestic supply chains and global growth

Ericsson today 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.

Börje Ekholm, President and CEO, Ericsson, says: "Canada is one of Ericsson's most important hubs for global research and development, and this partnership with Export Development Canada will allow us to scale that leadership even further. By strengthening our collaboration with Canadian businesses, universities and government partners, we can accelerate breakthroughs in 5G, quantum, and Cloud RAN that will drive growth, create opportunities, and reinforce Canada's position as a global leader in next generation networks."

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 projects with the support of financial and insurance solutions from EDC. By reinforcing Ericsson's Canadian supply chain and connecting the company with innovative domestic businesses, the agreement will also amplify Ericsson's ability to bring Canadian technology to the world, strengthen competitiveness, and create new opportunities for Canadian companies within Ericsson's global network of partners.

Alison Nankivell, President and CEO of Export Development Canada, says: "Export Development Canada is proud to partner with Ericsson, a company with deep roots in Canada and a global reputation for innovation. This agreement is about enabling Canadian expertise to reach new markets and scale on the world stage. Together we are helping Canadian companies integrate into global supply chains, advance cutting-edge technologies, and contribute to a stronger, more competitive economy."

This partnership builds on Ericsson's CAD 634.8 million R&D agreement with the Government of Canada announced in 2024, reinforcing Ericsson's long-term commitment to Canadian innovation, talent development, and leadership in global communications technology.

Over 70 Years of Connecting Canadians

For over 70 years, Ericsson Canada has been a cornerstone of the nation's innovation ecosystem, supporting communication service providers through each mobile technology generation. Ericsson is also a key partner in the national ecosystem network aimed at fostering 5G adoption and collaboration in Canada. With R&D centers and offices in Montreal, Ottawa, and Toronto, Ericsson Canada is among the leading R&D spenders in the country. The company's commitment to global innovation in network sustainability is driven by its investments in R&D here in Canada and through partnerships with Environment and Climate Change Canada and leading academic institutions, focusing on how AI and other technology can help achieve climate action goals.

ABOUT Ericsson:
Ericsson's high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

MORE INFORMATION AT:

Ericsson Newsroom

FOLLOW US:

Subscribe to Ericsson press releases here
Subscribe to Ericsson blog posts here
https://x.com/ericsson
https://www.facebook.com/ericsson
https://www.linkedin.com/company/ericsson

MEDIA CONTACT:

Nathan Gibson
nathan.gibson@ericsson.com
+ 1 647-554-1423

 

Cision View original content:https://www.prnewswire.com/news-releases/ericsson-and-export-development-canada-advance-canadas-leadership-in-next-generation-networks-with-3-billion-usd-partnership-agreement-302584329.html

SOURCE Ericsson

Cision View original content: http://www.newswire.ca/en/releases/archive/October2025/15/c5354.html

News Provided by Canada Newswire via QuoteMedia

ERIC
The Conversation (0)
Riverside Resources Intersects Near-Surface Gold and Base Metal Mineralization at Union Norte and Advances Multiple Targets for Phase 2B Drilling

Riverside Resources Intersects Near-Surface Gold and Base Metal Mineralization at Union Norte and Advances Multiple Targets for Phase 2B Drilling

Riverside Resources Inc. ("Riverside" or the "Company") (TSX-V: RRI) (OTCQB: RVSDF) (FSE: 5YY0), is pleased to report the assay results from the Phase 2A summer 2026 core drilling campaign following up on the high-grade gold-zinc mineralization and successful Phase 1 drilling of late last year.... Keep Reading...
Goldgroup Announces US$75 Million Private Placement with US$60 Million Already Committed by Leading Natural Resource Investors

Goldgroup Announces US$75 Million Private Placement with US$60 Million Already Committed by Leading Natural Resource Investors

Cornerstone Investors include Trafigura, Eric Sprott, Rick Rule, Fiscal Wisdom, Calu Opportunity Fund and Two Additional Institutional Natural Resource FundsFinancing Positions Goldgroup to Accelerate Growth, Advance its Portfolio of Gold Assets and pursue Significant Exploration and... Keep Reading...
Blue Jay Gold Commences Drilling at the Becker-Cochran Antimony Occurrence, Steller Project, Yukon

Blue Jay Gold Commences Drilling at the Becker-Cochran Antimony Occurrence, Steller Project, Yukon

Blue Jay Gold Corp. (TSXV: JAY,OTC:JAYGF) (OTCQB: JAYGF) (FSE: JAY) ("Blue Jay" or the "Company"), is pleased to announce that it has commenced drilling at the Becker-Cochran antimony-silver occurrence on its 100%-owned Steller Gold Project ("Steller" or the "Project") in southern Yukon (Figures... Keep Reading...
Silver Hammer and Stroud Resources Announce up to C$10 Million Brokered Financing in Connection with Silver Frontier Transaction

Silver Hammer and Stroud Resources Announce up to C$10 Million Brokered Financing in Connection with Silver Frontier Transaction

Silver Hammer Mining Corp. (CSE: HAMR,OTC:HAMRF), (the "Company" or "Silver Hammer") and Stroud Resources Ltd. (TSXV: SDR) ("Stroud") are pleased to announce that, in connection with the previously announced business combination transaction (the "Transaction") involving Silver Hammer, Stroud and... Keep Reading...
New Found Gold Announces Graduation to the Toronto Stock Exchange

New Found Gold Announces Graduation to the Toronto Stock Exchange

New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce that the common shares of the Company will commence trading on the Toronto Stock Exchange ("TSX") at the opening of the market on August 26, 2026 under the symbol "NFGC"."Our team... Keep Reading...
US Federal Reserve building with stock market graph overlay.

Tech Weekly: Hawkish Fed Sparks Mid-week Tech Selloff

Welcome to the Investing News Network's weekly brief on tech news and tech stocks driving the market. We also break down next week's catalysts to help you prepare for the week ahead.Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure: I, Meagen Seatter,... Keep Reading...
A laptop displays "SpaceX" while a phone shows "IPO."

Tech Weekly: SpaceX IPO Helps Lift Indexes After Early Week Rout

Welcome to the Investing News Network's weekly brief on tech news and tech stocks driving the market. We also break down next week's catalysts to help you prepare for the week ahead.Don't forget to follow us @INN_Technology for real-time news updates!Securities Disclosure: I, Meagen Seatter,... Keep Reading...
Hand holding a phone displaying SpaceX logo over a colorful financial graph background.

SpaceX Targets US$1.77 Trillion Valuation

Elon Musk’s SpaceX has bypassed a traditional price range for its initial public offering (IPO), setting a fixed price of US$135 per share to target a US$1.77 trillion valuation.In an updated prospectus filed with the US Securities and Exchange Commission on May 20, the company outlines plans to... Keep Reading...
Glowing blue pickaxe with binary code overlays a dark blue circuit board-patterned background.

Rockburst and Tersa: Pioneering Sustainable Mining Innovations

Mining has long navigated a delicate balance between established technologies and emerging innovation.Like any industry, resource extraction must weigh costs against output. Although the sector has always contended with permitting and oversight rules, environmental standards have grown... Keep Reading...
Q3 FY2026 Quarterly Activities and Cash Flow Report

Q3 FY2026 Quarterly Activities and Cash Flow Report

RemSense Technologies (REM:AU) has announced Q3 FY2026 Quarterly Activities and Cash Flow ReportDownload the PDF here. Keep Reading...

Interactive Chart

Latest Press Releases

Related News