NGN Partners with Ribbon for Future-Ready Optical Network Infrastructure
Rhea-AI Summary
Ribbon Communications (Nasdaq: RBBN) has announced a strategic partnership with North Georgia Network Cooperative (NGN) to modernize and expand its optical network infrastructure. NGN has selected Ribbon's Apollo 800G optical transport solution to enhance broadband capacity across North Georgia.
The collaboration aims to deliver scalable, high-capacity services supporting 100G, 400G, and 800G links to healthcare institutions, educational networks, businesses, and families in underserved areas. NGN chose Ribbon for its technical maturity, strategic alignment, and comprehensive service model, including 24/7 US-based support.
Positive
- Partnership expands high-speed connectivity to underserved rural communities
- Implementation of advanced 800G optical transport technology
- Positions company for growing bandwidth demand from data centers, cloud services, and AI applications
Negative
- None.
News Market Reaction 10 Alerts
On the day this news was published, RBBN declined 0.25%, reflecting a mild negative market reaction. Our momentum scanner triggered 10 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $2M from the company's valuation, bringing the market cap to $751M at that time.
Data tracked by StockTitan Argus on the day of publication.
Strategic collaboration enhances broadband capacity across
"We faced scalability and support limitations that interfered with our mission and commitment to deliver reliable, high-speed connectivity to healthcare institutions, educational networks, businesses and families in areas with limited infrastructure," said Mitchell Clouatre, CEO of NGN. "Ribbon offered the right solutions, along with the technical maturity, strategic alignment, and superior service model, including 24/7 US based support and robust implementation services, to allow us to move forward and continue supporting our customers."
NGN is deploying Ribbon's Apollo 800G optical transport solution to deliver scalable, high-capacity services across
"NGN plays a vital role in regional broadband development, and our infrastructure gives them the capacity and flexibility they need to meet growing bandwidth demand from data centers, cloud services and AI-driven applications," said Elizabeth Page,
About Ribbon
Ribbon Communications (Nasdaq: RBBN) delivers secure cloud communications and 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 end-to-end portfolio of communications software and IP Optical networking solutions delivers superior value and innovation by leveraging cloud-native architectures, automation and analytics tools, and leading-edge security. 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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SOURCE Ribbon Communications Inc.