RIBBON COMMUNICATIONS Overview
Company Headquarters: US
Founded: 2017
Workforce: ~2,245
Company Working: Ribbon Communications Operating Company, Inc. (Ribbon) is one of the leading providers of network solutions to telecommunications, wireless and cable service providers, and enterprises across industry verticals. The company allows service providers and enterprises to modernize their communications networks and provide secure Real-Time Communication (RTC) solutions to their customers. The company operates through one segment that provides service provider and enterprise solutions. The service provider solution aids fixed and mobile operators, cable providers, Internet service providers (ISPs), and interconnect service providers to transform their networks, monetize and capitalize on growing market segments by introducing differentiating products, applications, and services for their customers. The service provider solution includes fixed networks, mobile networks (mobility), secure network interconnects, network functions virtualization (NFV), cloud communications as a Service, and communications security solutions. The enterprise solutions aid the enterprises to securely connect to SIP trunks and modernize their communications networks. The enterprise solutions include unified communications (UC), UC security, session management, Nortel PBX, Microsoft Skype for Business, and cloud communications solutions. Furthermore, the company completed the merger with Sonus Networks, Inc., one of the service providers for real-time communications and GENBAND Holdings Company, specialized in IP-based real-time communications software products developed for fixed wireline, mobile, and cable service providers. The company operates in North America, Europe, Asia-Pacific, the Middle East and Africa, and the rest of the world.
Strategy
Ribbon Communication adopts an inorganic growth approach in the global diameter signaling market. The company focusses on strategic acquisition that helps it to strengthen its product portfolio by product innovation. It emphasizes collaborating with technology partners to provide high-performance real-time communications that help the company to extend its market presence. It has increased its investments in the enterprise market that resulted in increasing its revenue from enterprise customers. It is also investing in growth initiatives focused on cloud communications and RTC security both for service providers and enterprises.
