We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ribbon (RBBN) Partners With Cinia to Modernize Transport Network
Read MoreHide Full Article
Ribbon Communications Inc. (RBBN - Free Report) has partnered with Finland-based Cinia to revamp its transport network for establishing an enhanced connectivity infrastructure. Markedly, the latest move, which includes the deployment of Ribbon’s optical transport networking (OTN) solutions, is aimed at enhancing Cinia’s backbone transport network in Northern Europe and Finland with utmost resiliency.
The Finnish company will capitalize on Ribbon’s Apollo OTN Transport and Switching platforms to serve the purpose. The alliance is likely to not only emphasize the significance of connectivity platforms in the digital era but also offer Cinia’s customers best-in-class network efficiency.
With expertise of more than five years, Cinia is known for providing state-of-the-art software solutions and specializes in advanced data network technologies and modern application development. The company plays a pivotal role in bolstering digitization of both international and Finnish organizations.
Its client base also encompasses major governmental establishments. With such reliable data connections, Cinia aims to automate complex processes, ensure reliability of critical operations and eliminate geographical distances on the back of enhanced customer experience.
Markedly, Ribbon’s Apollo portfolio consists of switching and OTN products that provide high-density and energy-efficient solutions to various key sectors like transportation providers, utilities, defense and education.
The access to core optical networking solution simplifies day-to-day operations and minimizes operational costs to improve the overall efficiency of optical networks. Its expandable switching solutions allow flexible OTN deployments to address the challenging requirements of long-haul networks and meet market demand.
Cinia will harness the technological benefits of Apollo 9900 series OTN switching platforms and 9600 series of optical transport platforms for effective route protection. Markedly, Ribbon’s Apollo suite of products and solutions have been specifically designed to aid service providers with the deployment of cost-effective open optical networks for transport continuity. That said, the deployment will enable Ribbon to reach more customers with unique value proposition, fueled by its leadership in the global market.
Ribbon remains focused on delivering real-time and secure data and voice network capabilities for the cloud, network and enterprise edge. The communications services developer intends to augment its scale, total addressable market and global footprint in service provider networks, enterprises and critical infrastructure companies. This will help the company to expand its relationships with fixed and mobile service providers, while enabling it to capitalize on high-growth 5G market for lucrative cash flow.
The stock is currently trading with a forward P/E of 16.7X. Shares of the Zacks Rank #2 (Buy) company have soared 293.2% compared with the industry’s growth of 189.5% in the past year.
Aviat Networks delivered a trailing four-quarter positive earnings surprise of 61.7%, on average.
Ubiquiti has a long-term earnings growth expectation of 32.9%.
Clearfield delivered a trailing four-quarter positive earnings surprise of 62.6%, on average.
Zacks Top 10 Stocks for 2021
In addition to the stocks discussed above, would you like to know about our 10 best buy-and-hold tickers for the entirety of 2021?
Last year's 2020 Zacks Top 10 Stocks portfolio returned gains as high as +386.8%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Image: Bigstock
Ribbon (RBBN) Partners With Cinia to Modernize Transport Network
Ribbon Communications Inc. (RBBN - Free Report) has partnered with Finland-based Cinia to revamp its transport network for establishing an enhanced connectivity infrastructure. Markedly, the latest move, which includes the deployment of Ribbon’s optical transport networking (OTN) solutions, is aimed at enhancing Cinia’s backbone transport network in Northern Europe and Finland with utmost resiliency.
The Finnish company will capitalize on Ribbon’s Apollo OTN Transport and Switching platforms to serve the purpose. The alliance is likely to not only emphasize the significance of connectivity platforms in the digital era but also offer Cinia’s customers best-in-class network efficiency.
With expertise of more than five years, Cinia is known for providing state-of-the-art software solutions and specializes in advanced data network technologies and modern application development. The company plays a pivotal role in bolstering digitization of both international and Finnish organizations.
Its client base also encompasses major governmental establishments. With such reliable data connections, Cinia aims to automate complex processes, ensure reliability of critical operations and eliminate geographical distances on the back of enhanced customer experience.
Markedly, Ribbon’s Apollo portfolio consists of switching and OTN products that provide high-density and energy-efficient solutions to various key sectors like transportation providers, utilities, defense and education.
The access to core optical networking solution simplifies day-to-day operations and minimizes operational costs to improve the overall efficiency of optical networks. Its expandable switching solutions allow flexible OTN deployments to address the challenging requirements of long-haul networks and meet market demand.
Cinia will harness the technological benefits of Apollo 9900 series OTN switching platforms and 9600 series of optical transport platforms for effective route protection. Markedly, Ribbon’s Apollo suite of products and solutions have been specifically designed to aid service providers with the deployment of cost-effective open optical networks for transport continuity. That said, the deployment will enable Ribbon to reach more customers with unique value proposition, fueled by its leadership in the global market.
Ribbon remains focused on delivering real-time and secure data and voice network capabilities for the cloud, network and enterprise edge. The communications services developer intends to augment its scale, total addressable market and global footprint in service provider networks, enterprises and critical infrastructure companies. This will help the company to expand its relationships with fixed and mobile service providers, while enabling it to capitalize on high-growth 5G market for lucrative cash flow.
The stock is currently trading with a forward P/E of 16.7X. Shares of the Zacks Rank #2 (Buy) company have soared 293.2% compared with the industry’s growth of 189.5% in the past year.
Some other top-ranked stocks in the broader industry are Aviat Networks, Inc. (AVNW - Free Report) , Ubiquiti Inc. (UI - Free Report) and Clearfield, Inc. (CLFD - Free Report) . While Aviat Networks and Ubiquiti sport a Zacks Rank #1 (Strong Buy), Clearfield carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.
Aviat Networks delivered a trailing four-quarter positive earnings surprise of 61.7%, on average.
Ubiquiti has a long-term earnings growth expectation of 32.9%.
Clearfield delivered a trailing four-quarter positive earnings surprise of 62.6%, on average.
Zacks Top 10 Stocks for 2021
In addition to the stocks discussed above, would you like to know about our 10 best buy-and-hold tickers for the entirety of 2021?
Last year's 2020 Zacks Top 10 Stocks portfolio returned gains as high as +386.8%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2021 today >>