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Ribbon Secures Leading Position in Session Border Controllers, Trunk Media Gateways and Core Softswitch Market in 4Q 2017IHS Markit recognizes Ribbon's market share leadership across all of its key core network modernization and security solutions WESTFORD, Mass., April 23, 2018 /CNW/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global leader in secure and intelligent cloud communications, today announced that IHS Markit, a global information provider, has reported key solutions from Ribbon's core Network Modernization product set as revenue market share leaders in their respective categories*. Ribbon's Session Border Controller, Trunk Media Gateways and Softswitch solutions all ranked either first or second in global market share according to IHS Markit in calendar fourth quarter 2017. "The landscape in the Voice over IP (VoIP) and IP Multimedia Subsystem (IMS) markets continues to be extremely competitive with a few vendors steadily maintaining solid market share leadership," said Diane Myers, senior research director for IHS Markit. "The depth and breadth of Ribbon's portfolio across the Session Border Controller, Trunk Media Gateway and Softswitch markets and their steady migration to fully virtualized solutions are driving Ribbon's continued performance in the marketplace." "This is the first time that IHS Markit, which is one of the most respected market research firms in the industry, has reported on Ribbon as a combined company. Having our core solutions ranked so highly by them is further validation of the real value that Ribbon is delivering to our customers and partners," said Patrick Joggerst, Chief Marketing Officer and Executive Vice President of Business Development for Ribbon Communications. "We have a combined heritage of being leaders in delivering best-in-class softswitching for network transformation, transcoding for Voice over LTE (VoLTE) deployments, and flexible Session Border Controllers, whether virtual or appliance-based solutions, for interworking and security." Joggerst added, "We ranked highly across all of our solutions globally, but we were rated even higher in North America, where we are engaged with several tier one carriers on major projects with all of these solutions, including a virtual SBC solution with Verizon." Key Tkeaways:
About Ribbon Communications Important Information Regarding Forward-Looking Statements *Information based on IHS Markit, Technology Group, 4Q 2017 Service Provider VoIP and IMS Equipment & Subscribers Market Tracker. Information is not an endorsement of Ribbon Communication, Inc. Any reliance on these results is at the third party's own risk. Visit technology.ihs.com for more details. Investor Relations US Press International Press Analyst Relations
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