Proven STIR/SHAKEN solution leverages expertise gained through multiple US deployments while addressing French regulatory requirements PLANO, Texas, Sept. 20, 2022 /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 Paritel, a France-based provider of telecom solutions to enterprises and small businesses, has selected Ribbon's STIR/SHAKENsolution to ensure its compliance with the "Loi Naegelen," (Naegelen Law) requiring French service providers to implement a solution protecting their customers from various types of telephony based fraud by July 2023. "Malicious calls from bad actors are causing our customers to lose trust in the phone network," said Guillaume Rouderges, Telecom Infrastructure Manager,
PLANO, Texas, Aug. 15, 2022 /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 executed a securities purchase agreement to raise gross proceeds of approximately $52 million in a private placement financing of common stock. The private placement investors were led by Neuberger Berman client funds, and included Ribbon's two largest shareholders, JPMorgan Chase & Co. and Swarth Investments Ltd., and Heights Capital Management, Inc., among other investors. Ribbon intends to use the net proceeds from the private placement to fund general corporate purposes, including capital expenditures, working capital and debt repayment. Ribbon Communications CFO Mick Lopez said, "We are very appreciat
Highlights continued sustainability engagement PLANO, Texas, June 30, 2022 /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 has won the 2021 Award for Excellence in Network Equipment Sustainability in the TIA QuEST Forum Sustainability Awards. "This award underscores our commitment to furthering our sustainability practices, including our pledge to reduce direct carbon emissions by 30% by 2030. We, and our industry as a whole, can make a real difference in the battle against climate change. Our customers expect it, and we demand it from ourselves," said Patrick Macken, Ribbon's Executive Vice President and Chief Legal Officer. "I want to thank the internal teams who have been relentless in driving the
Enables service providers to rapidly deliver telecom services to Microsoft Teams PLANO, Texas, June 14, 2022 /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 partnership with DSTNY Automate(previously Qunifi Limited), a global leader in Microsoft integration and API automation, for its Ribbon Connect services. Ribbon Connect for Operator Connectleverages both Ribbon's market-leading Session Border Controller (SBC), call processing, centralized routing, and analytics capabilities and DSTNY Automate's API bridging and workflow automation technology. Designed to support Microsoft's Operator Connect Accelerator, the turnkey solution allows service providers to engage with Ribbon for the integration tools, service o