Ericsson to Invest Over $730,000 in Wireless Infrastructure in Collaboration With University of Toronto

MT Newswires Live

02/18

Ericsson (ERIC) said Wednesday it plans to invest 1 million Canadian dollars ($731,635) to boost wireless communications infrastructure in Canada under an initial three-year framework agreement with the University of Toronto aimed at advancing AI-powered mobile communication technologies.

The university was selected under a formal process of identifying a partner for collaboration, Ericsson said.

Price: 11.25, Change: +0.07, Percent Change: +0.63

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