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Stock impact report

Strengthening Canada's leadership in telecommunications technology: A new partnership with Ericsson [Yahoo! Finance]

Ericsson - American Depositary Shares each representing 1 underlying Class B share (ERIC) 
Last ericsson - american depositary shares each representing 1 underlying class b share earnings: 4/22 01:48 am Check Earnings Report
US:NASDAQ Investor Relations: ericsson.com/en/investors
Company Research Source: Yahoo! Finance
OTTAWA, ON Nov. 7, 2024 /CNW/ - In today's globalized world, Canadians increasingly depend on fast and reliable wireless services in every facet of their lives. That is why the Government of Canada is investing in innovative solutions that will enhance Canada's telecommunications industry. Today, the Honourable François- Philippe Champagne , Minister of Innovation, Science and Industry, finalized an investment of .1 million under the Strategic Innovation Fund to support Ericsson's .8 million project to advance 5G technologies for next-generation telecommunications networks. The project will also involve R&D work for cloud-based wireless technologies and architectures, as well as artificial intelligence and quantum computing solutions to meet the needs of customers. This work will be performed at Ericsson's facilities in Ottawa, Ontario , and Saint-Laurent, Quebec This partnership will bring economic benefits to the Ottawa and Montréal regions, stimulate Canada's 5G ecosystem and Show less Read more
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