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RBBN Ribbon Communications Inc

3.805
-0.055 (-1.42%)
Last Updated: 17:12:04
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ribbon Communications Inc NASDAQ:RBBN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.055 -1.42% 3.805 3.80 3.81 3.8705 3.795 3.80 75,976 17:12:04

Brightspeed Invests in Next Generation Services with Ribbon's Comprehensive Network Transformation Solution

18/07/2024 1:00pm

PR Newswire (US)


Ribbon Communications (NASDAQ:RBBN)
Intraday Stock Chart


Thursday 18 July 2024

Click Here for more Ribbon Communications Charts.

Secures operational excellence and continuity while driving down operational costs

PLANO, Texas, July 18, 2024 /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, along with Brightspeed, an internet service provider and the nation's fourth largest fiber builder, today announced that Ribbon's solutions are helping modernize Brightspeed's network infrastructure while maintaining uninterrupted services for existing customers.

"Building a fiber broadband network across more than 160 communities in our footprint requires an investment in ensuring we can accelerate scalability," said Brightspeed Chief Technology Officer Brian Bond. "Ribbon's advanced solutions enable us to efficiently manage and upgrade our legacy assets with next-generation innovation to gain the operational efficiencies, flexibility and capabilities that facilitate our network transformation."

Brightspeed is leveraging a suite of Ribbon solutions including the C20 Call Controller, Application Server, SBC, PSX centralized policy and routing server, and Ribbon Application Management Platform (RAMP) to modernize its legacy central office equipment and lay the foundation for further innovation. Additionally, Ribbon's NPT 1250 multi-service access routing platform, part of Ribbon's comprehensive Neptune IP Routing portfolio, enables technology convergence for the service provider's legacy assets.

Ribbon's network transformation solution helps enable Brightspeed to seamlessly replace decades-old rooms full of power-hungry legacy equipment, while its top tier professional services make the deployment transparent to both Brightspeed customers and regulatory bodies. Once operational, the new solution will use a fraction of the power, HVAC and real estate of the previous infrastructure while offering new capabilities, assuring the long-term reliability of Brightspeed's network without impacting Brightspeed's operational or billing systems.

"Brightspeed is setting the bar for how independent service providers can operate and compete in today's telecommunications landscape," said Sam Bucci, Chief Operating Officer and EVP, Ribbon. "Their blazing fast voicemail transition illustrates their ability to quickly drive cost out of their infrastructure while ensuring their customers have access to critical functionality. We look forward to being a part of their ongoing network transformation success."

About Brightspeed
Headquartered in Charlotte, N.C. and with assets and associated operations in 20 states, Brightspeed provides broadband and telecommunications services through a network platform capable of serving more than 6.5 million homes and businesses. Our more than 4,000 employees are committed to building a future where more communities benefit from a more connected life, deploying a state-of-the-art fiber network and a customer experience that makes being connected as simple as it should be. For more information, please visit www.brightspeed.com.

About Ribbon
Ribbon Communications (Nasdaq: RBBN) delivers communications software, IP and optical networking solutions to service providers, enterprises and critical infrastructure sectors globally. We engage deeply with our customers, helping them modernize their networks for improved competitive positioning and business outcomes in today's smart, always-on and data-hungry world. Our innovative, end-to-end solutions portfolio delivers unparalleled scale, performance, and agility, including core to edge software-centric solutions, cloud-native offers, leading-edge security and analytics tools, along with IP and optical networking solutions for 5G. We maintain a keen focus on our commitments to Environmental, Social and Governance (ESG) matters, offering an annual Sustainability Report to our stakeholders. To learn more about Ribbon, please visit rbbn.com.

Important Information Regarding Forward-Looking Statements  
The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release, including those regarding the expected benefits from use of Ribbon Communication's products, are forward-looking statements. The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors" section of Ribbon Communications' most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon Communications' views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point, Ribbon Communications specifically disclaims any obligation to do so.

Investor Contact 
+1 (978) 614-8050
ir@rbbn.com       

Media Contact
Catherine Berthier
+1 (646) 741-1974
cberthier@rbbn.com 

Gene Rodriguez Miller
pr@brightspeed.com

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Cision View original content:https://www.prnewswire.co.uk/news-releases/brightspeed-invests-in-next-generation-services-with-ribbons-comprehensive-network-transformation-solution-302199766.html

Copyright 2024 PR Newswire

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