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EDC and Ericsson announce USD $3 billion partnership to advance 5G technology in Canada
Ericsson, a global leader in telecommunications, and Export Development Canada (EDC), Canada's export credit agency, have signed a USD$3 billion partnership agreement to promote Canadian investment in advanced technologies, including 5G and quantum innovation.
About this update from Telefonaktiebolaget Lm Ericsson Class A
[{"type":"text","content":"Partnership agreement supports investment in next-generation technologies and strengthens Canada's innovation ecosystem","length":123,"tagName":"p"},{"type":"text","content":"OTTAWA, ON, Oct. 15, 2025 /CNW/ - Ericsson, a global leader in telecommunications, and Export Development Canada (EDC), Canada's export credit agency, have signed a USD$3 billion partnership agreement to promote Canadian investment in advanced technologies, including 5G and quantum innovation.","length":298,"tagName":"p"},{"type":"image","alt":"EDC Logo (CNW Group/Export Development Canada)","displaySize":"","headline":null,"caption":"EDC Logo (CNW Group/Export Development Canada)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":71,"url":"https://media.zenfs.com/en/cnwgroup.com/83fc66a66fb0dd0c3b5e5fa887696aab"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/yoze8BVToJ8fcTIBFRz4sA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEyNTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/83fc66a66fb0dd0c3b5e5fa887696aab","width":400,"height":71},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/PWHeERaoa6ic6wlAYBNvrA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTExNDtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/83fc66a66fb0dd0c3b5e5fa887696aab","width":400,"height":71}},"href":"https://mma.prnewswire.com/media/2795961/Export_Development_Canada_EDC_and_Ericsson_announce_USD__3_billi.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"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.","length":513,"tagName":"p"},{"type":"text","content":""This agreement reflects a shared commitment to advance Canada's position in next-generation telecommunications," said Alison Nankivell, President and CEO, Export Development Canada. "It's a strong fit with EDC's strategy to work with global companies that have a significant presence in Canada and...