From Nasdaq: 2024-06-11 11:49:00

Ericsson inked a five-year agreement with Videotron in Canada to upgrade network infrastructure. The deal aims to enhance service quality and strengthen competitive edge for Videotron in the telecommunication landscape.

Ericsson’s long-term agreement with Videotron will boost network capacity and improve services for subscribers. The company will upgrade infrastructure to enhance Internet speed and multimedia services, fostering digital inclusion for Canadians.

Ericsson focuses on developing 5G technology to meet growing demand for network coverage and capacity. With a large share in LTE technology, the company has a strong presence in 5G networks globally.

Stocks to consider include NVIDIA, a leader in visual computing technologies, and Arista Networks, a data-centric cloud architecture provider. Silicon Motion Technology, a developer of ICs for NAND flash storage devices, also presents a strong investment opportunity.



Read more at Nasdaq: Ericsson’s (ERIC) Solution to Boost Network Connectivity in Canada