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Ribbon Named "Company of the Year" in the 2020 Big Business Awards' Telecommunications Category

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Ribbon Communications Inc. (Nasdaq: RBBN) has been awarded the Company of the Year (Telecommunications) at the 2020 BIG Awards for Business by the Business Intelligence Group. This recognition comes after Ribbon's significant merger with ECI, which doubled the company's size and expanded its solutions portfolio. The award highlights Ribbon's commitment to providing innovative communication solutions to service providers and enterprises, especially in response to the global pandemic challenges. This achievement reflects the company's resilience and adaptability in a rapidly changing market.

Positive
  • Awarded 'Company of the Year (Telecommunications)' by Business Intelligence Group.
  • Merger with ECI doubled company size and expanded solutions portfolio.
  • Recognition emphasizes responsiveness to customer needs during the pandemic.
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WESTFORD, Mass., Nov. 30, 2020 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications software and network solutions to service providers, enterprises, and critical infrastructure sectors, today announced that it has received the "Company of the Year (Telecommunications)" distinction in the Business Intelligence Group's 2020 BIG Awards for Business. The organization's annual industry awards program relies on industry leaders who volunteer to read, score and judge nominations.

"This has been an extraordinary year. The Ribbon – ECI merger doubled the size of our company and significantly expanded our solutions portfolio to help address the needs of our customers during an unprecedented global pandemic and beyond," said Patrick Joggerst, Chief Marketing Officer and Executive Vice President of Business Development, Ribbon. "I'm so proud of our team for the hard work and dedication they've put in during this exceptional time, and of course want to extend my congratulations to the other winners as well."

Ribbon's comprehensive suite of cloud, edge and IP optical solutions thread people and networks together. Found in the world's largest communications service providers and enterprises, our flexible, secure and customizable solutions enable our customers to reap the benefits of simplified, efficient and cost-effective communications at any point in their network modernization journey.

"We are so proud to reward Ribbon for their outstanding 2020 achievements," said Maria Jimenez, chief nomination officer of the Business Intelligence Group, "This year's group of winners are clearly leading by example in the global business community."

About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

About Ribbon
Ribbon Communications (Nasdaq: RBBN) delivers global communications software and packet and optical network solutions to service providers, enterprises and critical infrastructure sectors. 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 IP solutions, cloud-native offers, leading-edge software security and analytics tools, as well as 5G-ready packet and optical networking solutions acquired via our recent merger with ECI Telecom. To learn more about Ribbon 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 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 Relations

APAC, CALA & EMEA Press

Monica Gould

Catherine Berthier

+1 (212) 871-3927

+1 (646) 741-1974

IR@rbbn.com 

cberthier@rbbn.com 



North American Press 

Analyst Relations

Dennis Watson 

Michael Cooper

+1 (214) 695-2224 

+1 (708) 212-6922

dwatson@rbbn.com

mcooper@rbbn.com 

 

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SOURCE Ribbon Communications Inc.

FAQ

What award did Ribbon Communications receive in 2020?

Ribbon Communications was named 'Company of the Year (Telecommunications)' at the 2020 BIG Awards for Business.

What is the significance of the Ribbon and ECI merger?

The merger significantly doubled Ribbon's size and expanded its solutions portfolio to better serve its customers.

Who recognized Ribbon Communications for its achievements?

Ribbon was recognized by the Business Intelligence Group for its outstanding achievements in 2020.

How has Ribbon responded to the challenges of the pandemic?

Ribbon adapted its solutions portfolio to address the evolving needs of customers during the global pandemic.

What is Ribbon Communications' stock symbol?

The stock symbol for Ribbon Communications is RBBN.

Ribbon Communications Inc.

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