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Media Advisory - Ericsson to announce new AI investment in Montreal to support 5G strategy

01/05/2019 3:49pm

PR Newswire (Canada)


Ericsson - Ads Each Representing 1 Underlying Class B Share (NASDAQ:ERIC)
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MONTREAL, May 1, 2019 /CNW Telbec/ -

WHAT: Ericsson continues its history of supporting innovation in the Montreal area with an investment in Artificial Intelligence (AI) to support the next generation of 5G technologies.

WHO: Graham Osborne, Head of Ericsson Canada; The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development; Alan DeSousa, Mayor of St-Laurent; other Ericsson executives and government officials.

WHY: We now see commercial 5G networks starting to go live. Ericsson is a key player in making this happen since the onset – setting the requirements, driving the standardization, developing our portfolio and building the eco-system. The new communication technology brings new capabilities including higher bandwidth, greater capacity, security, and lower latency that will create new opportunities for people, businesses and society.

Ericsson's Montreal office already has more than 1,000 professionals working in R&D and Services Centre, including world-class experts developing and implementing advanced and next-generation wireless systems for customers around the globe.

WHEN: Thursday, May 2 from 2:00 pm3:00 pm

WHERE: Ericsson Montreal, 8275 TransCanada Highway, Saint-Laurent

MEDIA PHOTO OPPORTUNITY: Investment announcement and opening ceremony with Ericsson executives and government officials

About Ericsson
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

 

SOURCE Ericsson Canada

Copyright 2019 Canada NewsWire

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