Ribbon Communications

Ribbon Communications to Report First Quarter 2023 Financial Results on April 26, 2023

Retrieved on:

Tuesday, April 11, 2023

Ribbon Communications, IP, Cryptocurrency, Broadcasting

PLANO, Texas, April 11, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it will report financial results for the first quarter of 2023 after the close of the market on Wednesday, April 26, 2023.

Key Points:

PLANO, Texas, April 11, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it will report financial results for the first quarter of 2023 after the close of the market on Wednesday, April 26, 2023.
Following the release, Ribbon Communications will host a conference call with the financial community at 4:30 p.m.
ET to discuss the results.
The Company will offer a live, listen-only webcast of the conference call via the investor section of its website at investors.ribboncommunications.com , where a replay will also be available shortly following the conference call.

Ribbon Completes $55 Million Preferred Stock Private Placement Financing

Retrieved on:

Thursday, March 30, 2023

JPMorgan Chase, Term loan, IP, Sale, Ribbon Communications, Annual report, United, Hand, Security (finance), Ribbon

PLANO, Texas, March 30, 2023 /PRNewswire/ -- Ribbon Communications Inc. ("Ribbon") (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it has completed the previously announced private placement financing of Series A preferred stock and warrants to purchase shares of common stock.

Key Points:

PLANO, Texas, March 30, 2023 /PRNewswire/ -- Ribbon Communications Inc. ("Ribbon") (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it has completed the previously announced private placement financing of Series A preferred stock and warrants to purchase shares of common stock.
Ribbon issued 55,000 shares of Series A preferred stock, along with warrants to purchase approximately 4.86 million shares of common stock, in the private placement.
Each share of Series A preferred stock was sold at a price of $970 per share.
B. Riley Securities acted as sole placement agent in connection with the private placement and JMP Securities, a Citizens Company, served as financial advisor to Ribbon.

Ribbon Announces $55 Million Preferred Stock Private Placement Financing and Amendment to Credit Facility

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Friday, March 24, 2023

Risk, LIBOR, Term loan, SOFR, Exchange, Language, Sale, United States securities regulation, Ribbon Communications, VWAP, Annual report, Security (finance), Ribbon

PLANO, Texas, March 24, 2023 /PRNewswire/ -- Ribbon Communications Inc. ("Ribbon") (Nasdaq: RBBN) today announced that it has priced a private placement financing of Series A preferred stock and warrants to purchase shares of common stock to raise gross proceeds of approximately $53.4 million.

Key Points:

PLANO, Texas, March 24, 2023 /PRNewswire/ -- Ribbon Communications Inc. ("Ribbon") (Nasdaq: RBBN) today announced that it has priced a private placement financing of Series A preferred stock and warrants to purchase shares of common stock to raise gross proceeds of approximately $53.4 million.
In addition, the amendment replaces LIBOR with the Secured Overnight Financing Rate, or SOFR, as the alternative rate that may be used by Ribbon for calculating interest owed under the credit facility.
In connection with the amendment to the credit facility, Ribbon has agreed to a prepayment of $75 million of the principal amount outstanding on the Term Loan A under the credit facility and Ribbon intends to use the net proceeds from the private placement, together with cash on hand, to pay down borrowings under the credit facility.
Ribbon expects to issue 55,000 shares of Series A preferred stock, along with warrants to purchase shares of common stock, in the private placement.

Ribbon Communications Inc. Reports Fourth Quarter and Full Year 2022 Financial Results

Retrieved on:

Wednesday, February 15, 2023

Cloud, Alternative Service Book, IP, McClelland, Ribbon Communications, EBITDA, SBC, Mobile phone, Video game

PLANO, Texas, Feb. 15, 2023 /PRNewswire/ -- Ribbon Communications Inc. (NASDAQ: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced its financial results for the fourth quarter and full year 2022.

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Revenue for the fourth quarter of 2022 was $234 million, compared to $231 million for the fourth quarter of 2021 and $207 million for the third quarter of 2022.
"I am very pleased to report solid financial results for the fourth quarter 2022 - the best quarter of the year for Ribbon.
Product and Service Bookings were once again very good and exceeded the higher sales level in the quarter," stated Bruce McClelland, President and Chief Executive Officer of Ribbon Communications.
In addition, the Cloud and Edge segment continued to post positive results, with strong Enterprise and SBC sales in the quarter."

Bharti Airtel Deploys Ribbon's Apollo Optical Transport Services Platform for Long Haul DWDM Network Expansion

Retrieved on:

Tuesday, February 14, 2023

IP, Flight length, Muses, Apollo, Telecommunications, Ribbon Communications, Ribbon, Bharti Airtel

PLANO, Texas, Feb. 14, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that Bharti Airtel ("Airtel"), India's leading telecommunications services provider, has selected Ribbon to build its new high-speed transport network.

Key Points:

The modern network architecture leverages Ribbon's Apollo suite of programmable and open optical transport platforms, with support for a combined network capacity across C&L bands of up to 51.2T, positioning Airtel to effectively fulfill both current and future bandwidth needs.
The Long Haul solution will support the transport of 100GE/400GE IP services over 400G Optical channels.
Finally, Ribbon's Muse domain orchestration platform also delivers real-time network monitoring and management at the click of a mouse.
"This massive new network will have a tremendous impact as it delivers extensive capacity in one of the world's most populous countries."

Bharti Airtel Deploys Ribbon's Apollo Optical Transport Services Platform for Long Haul DWDM Network Expansion

Retrieved on:

Tuesday, February 14, 2023

IP, Flight length, Muses, Apollo, Telecommunications, Ribbon Communications, Ribbon, Bharti Airtel

PLANO, Texas, Feb. 14, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that Bharti Airtel ("Airtel"), India's leading telecommunications services provider, has selected Ribbon to build its new high-speed transport network.

Key Points:

The modern network architecture leverages Ribbon's Apollo suite of programmable and open optical transport platforms, with support for a combined network capacity across C&L bands of up to 51.2T, positioning Airtel to effectively fulfill both current and future bandwidth needs.
The Long Haul solution will support the transport of 100GE/400GE IP services over 400G Optical channels.
Finally, Ribbon's Muse domain orchestration platform also delivers real-time network monitoring and management at the click of a mouse.
"This massive new network will have a tremendous impact as it delivers extensive capacity in one of the world's most populous countries."

Ribbon's Comprehensive STIR/SHAKEN Solution Enables Colt to Meet French Market Regulatory Mandates

Retrieved on:

Thursday, February 9, 2023

Ribbon, IP, Global Sales Law Project, Policy, Colt Technology Services, Ribbon Communications, Management, Engineering, Colt

PLANO, Texas, Feb. 9, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real-time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that global digital infrastructure company Colt Technology Services (Colt) has selected Ribbon's STIR/SHAKEN as a Service. STIR/SHAKEN complements Ribbon's services Session Border Controller and Policy & Routing Server which are already in use by Colt to ensure caller identity in compliance with French government mandates.

Key Points:

STIR/SHAKEN complements Ribbon's services Session Border Controller and Policy & Routing Server which are already in use by Colt to ensure caller identity in compliance with French government mandates .
"Working with Ribbon enables us to meet our regulatory obligations within the required timelines," said Robin Farnan, Executive Vice President – Operations and Engineering, Colt Technology Services.
Ribbon's STIR/SHAKEN as a Service solution leverages Ribbon's Identity Hub , an innovative, cloud-based platform that enables identity assurance services without the need to deploy on-premises equipment.
"We have a longstanding relationship with Colt and are pleased to help them protect their customers in France with our STIR/SHAKEN solution."

Ribbon's Comprehensive STIR/SHAKEN Solution Enables Colt to Meet French Market Regulatory Mandates

Retrieved on:

Thursday, February 9, 2023

Ribbon, IP, Global Sales Law Project, Policy, Colt Technology Services, Ribbon Communications, Management, Engineering, Colt

PLANO, Texas, Feb. 9, 2023 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real-time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that global digital infrastructure company Colt Technology Services (Colt) has selected Ribbon's STIR/SHAKEN as a Service. STIR/SHAKEN complements Ribbon's services Session Border Controller and Policy & Routing Server which are already in use by Colt to ensure caller identity in compliance with French government mandates.

Key Points:

STIR/SHAKEN complements Ribbon's services Session Border Controller and Policy & Routing Server which are already in use by Colt to ensure caller identity in compliance with French government mandates .
"Working with Ribbon enables us to meet our regulatory obligations within the required timelines," said Robin Farnan, Executive Vice President – Operations and Engineering, Colt Technology Services.
Ribbon's STIR/SHAKEN as a Service solution leverages Ribbon's Identity Hub , an innovative, cloud-based platform that enables identity assurance services without the need to deploy on-premises equipment.
"We have a longstanding relationship with Colt and are pleased to help them protect their customers in France with our STIR/SHAKEN solution."

Global Telecom API Markets Report 2022: Revenue will Reach $739B by 2027 - Analysis of Technologies, Application and Service Types, Stakeholders, User Type, Deployment, and Platform as a Service Type - ResearchAndMarkets.com

Retrieved on:

Friday, January 20, 2023

The "Telecom API Market by Technologies, Application and Service Types, Stakeholders, User Types, Deployment, and Platform as a Service Types 2022 - 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Telecom API Market by Technologies, Application and Service Types, Stakeholders, User Types, Deployment, and Platform as a Service Types 2022 - 2027" report has been added to ResearchAndMarkets.com's offering.
Global Communication Service Providers (CSP) continue to see Telecom APIs as a means of leveraging their network and subscriber assets to generate revenues with high margins.
CSPs are facing increasing pressure to provide a greater variety of high-quality enterprise communications and business collaboration solutions.
Other leading telecom vendors such as Mavenir support the programmable telecom (Telecom APIs, platforms, and apps) ecosystem.

Global Telecom API Markets Report 2022: Enterprise-hosted Deployment is Growing Most Rapidly Through 2027 as UCaaS Revenue will Reach $102B by 2027 with 49.2% CAGR

Retrieved on:

Tuesday, January 24, 2023

This report provides an in-depth assessment of the global and regional telecom API market, including business models, value chain analysis, operator strategies and a quantitative assessment of the industry from 2022 to 2027.

Key Points:

This report provides an in-depth assessment of the global and regional telecom API market, including business models, value chain analysis, operator strategies and a quantitative assessment of the industry from 2022 to 2027.
While this model may suffice for CSPs with respect to the consumer segment and SMBs, it is not sustainable for large corporate clients.
CSPs are facing increasing pressure to provide a greater variety of high-quality enterprise communications and business collaboration solutions.
Other leading telecom vendors such as Mavenir support the programmable telecom (Telecom APIs, platforms, and apps) ecosystem.