IP Optical Networks achieves profitability for the second half of the year with strong demand from Service Providers and Critical Infrastructure
PLANO, Texas, Feb. 14, 2024 /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 its financial results for the fourth quarter and full year 2023.
Revenue for the fourth quarter of 2023 was $226 million, compared to $234 million for the fourth quarter of 2022 and $203 million for the third quarter of 2023. Revenue for full year 2023 was $826 million, compared to $820 million for…
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Carrier aggregation was achieved using the 3.7GHz and 4.5GHz bands designated for 5G networks. In addition to this dual connectivity achieved by bundling LTE bands, […]