Canada, Ericsson expand funding agreement to boost telecommunications R&D

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The Government of Canada is investing $79.1M to support Ericsson Group’s $634.8M project to advance 5G technologies and boost research and development (R&D) in the telecommunications industry. Through this expanded partnership agreement, Ericsson says that it will welcome more than 600 co-op students through its university partnerships and commit to more than 10 academic collaborations a year, in addition to creating more than 190 high-skilled jobs. The project will focus on R&D work for cloud-based wireless technologies and architectures, as well as AI and quantum computing solutions. “By enhancing our R&D efforts in Ottawa and Montréal, we aim to stimulate Canada’s 5G ecosystem and contribute to the prosperity of the entire tech sector,” said Ericsson President Börje Ekholm.

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