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RBBN Ribbon Communications Inc

3.25
0.00 (0.00%)
Pre Market
Last Updated: 09:09:45
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
  0.00 0.00% 3.25 1.31 3.71 0 09:09:45

Ribbon's IP Optical Solutions Selected by American Electric Power for Supply Chain Reliability and Enhanced Network Capabilities

08/02/2024 1:00pm

PR Newswire (US)


Ribbon Communications (NASDAQ:RBBN)
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From Nov 2023 to May 2024

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Agreement highlights the value of speedy delivery and targeted solutions

PLANO, Texas, Feb. 8, 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, today announced that American Electric Power (AEP) which maintains and operates the nation's largest electricity transmission system, has added Ribbon's IP and Optical products as one of its solutions to continue providing the critical communications needs to support AEP's infrastructure.

Today's utilities are required to digitize their assets, both in order to meet regulatory and security mandates, and to expand their offer with new services, reduced carbon emissions and improved maintenance, safety and security. Ribbon's IP and Optical solutions, combined with a single management system, deliver field proven solutions to support and facilitate this transformation.

"AEP is a leader in the utilities sector, and its extensive network is a key part of our national infrastructure," said Dave Hogan, Vice President, Enterprise & Government Markets from Ribbon. "We're pleased to provide them with the high quality, secure and reliable IP Optical solutions that fulfill their stringent requirements and timetables."

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 

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Cision View original content:https://www.prnewswire.co.uk/news-releases/ribbons-ip-optical-solutions-selected-by-american-electric-power-for-supply-chain-reliability-and-enhanced-network-capabilities-302057086.html

Copyright 2024 PR Newswire

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