STOCK TITAN

Paritel Selects Ribbon to Comply with French Government Mandate to Combat Robocalls, Fraud, & Call Spoofing

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

On September 20, 2022, Ribbon Communications (NASDAQ: RBBN) announced its partnership with French telecom provider Paritel to implement its STIR/SHAKEN solution. This initiative aims to comply with the 'Loi Naegelen' set for July 2023, which mandates measures against telephony-based fraud. Paritel's Telecom Infrastructure Manager emphasized the need to restore trust in the phone network, while Ribbon's solutions will enhance security and caller identity verification. This deployment highlights Ribbon's expertise and longstanding relationship with Paritel in the telecom sector.

Positive
  • Secured contract with Paritel for STIR/SHAKEN implementation, showcasing Ribbon's compliance capability with French regulations.
  • Strengthened position in the market through the deployment of advanced telecom solutions, enhancing security and customer trust.
Negative
  • None.

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/SHAKEN solution 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, Paritel. "We're pleased to partner with Ribbon to help restore integrity to our customers' calling experience, in addition to meeting the requirements of the Loi Naegelen. Having previously worked together on other projects, we're confident in Ribbon's carrier grade expertise and its ability to successfully support us in this critical undertaking."

Part of the Ribbon Call Trust®  portfolio, Ribbon's STIR/SHAKEN solution is designed to fulfill the requirements for caller identity authentication, signing, verification and certificate management as defined by French law.

In addition to STIR/SHAKEN, Paritel is leveraging Ribbon's market leading core SBC for security and interworking, PSX for advanced call routing functions, and Ribbon Analytics for comprehensive monitoring and anomaly detection in their network.

"We have a longstanding relationship with Paritel and are pleased to have been selected for this deployment," said Ribbon's Christine Bouhiron, Head of Sales and Country Manager, France. "Our leadership and experience in identity assurance enable us to help Paritel become a market leader in adopting STIR/SHAKEN to comply with French legislation and reestablish trust in the phone experience, while continuing to secure and maintain their network."

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 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/paritel-selects-ribbon-to-comply-with-french-government-mandate-to-combat-robocalls-fraud--call-spoofing-301627509.html

SOURCE Ribbon Communications Inc.

FAQ

What is Ribbon Communications' new project with Paritel about?

Ribbon Communications is partnering with Paritel to implement its STIR/SHAKEN solution to comply with French regulations against telephony fraud.

When does Paritel need to comply with the Loi Naegelen?

Paritel is required to comply with the Loi Naegelen by July 2023.

What technologies is Paritel implementing through Ribbon Communications?

Paritel is implementing Ribbon's STIR/SHAKEN solution, core SBC for security, PSX for call routing, and Analytics for monitoring.

How does Ribbon's STIR/SHAKEN solution affect customer trust?

The STIR/SHAKEN solution aims to restore customer trust by validating caller identity and preventing fraud.

What is the significance of the partnership between Ribbon and Paritel?

The partnership signifies Ribbon's expertise in telecom solutions and reinforces its commitment to complying with regulatory standards in France.

Ribbon Communications Inc.

NASDAQ:RBBN

RBBN Rankings

RBBN Latest News

RBBN Stock Data

684.00M
175.38M
17.85%
72.95%
0.75%
Telecom Services
Services-computer Integrated Systems Design
Link
United States of America
PLANO