Ribbon Communications Inc. Secures Major Contract with Moratelindo for Submarine Network Enhancement

PLANO, Texas, April 22, 2025 — Ribbon Communications Inc. (Nasdaq: RBBN), a prominent provider of real-time communications technology and IP optical networking solutions, has announced a significant partnership with PT Mora Telematika Indonesia Tbk (“Moratelindo”) (IDX: MORA). This collaboration involves the deployment of Ribbon’s advanced optical infrastructure solutions to enhance the submarine network capabilities between Jakarta and Singapore.

The project will deliver an impressive 20 terabit (T) capacity and incorporate automated management features across the 1,055 km Jakarta-Singapore link. This initiative underscores Ribbon’s commitment to supporting major service providers, enterprises, and critical infrastructure operators in modernizing and securing their network infrastructures.

Michael C. McPhail, a representative from Moratelindo, highlighted the importance of Ribbon’s innovative technology and proven track record in their decision to partner with the company. “Ribbon’s innovative technology and track record were critical factors in our decision to work together,” McPhail stated.

Ribbon Communications Inc., a U.S.-based company specializing in communication software and IP optical network solutions, serves a global customer base. The company offers a comprehensive suite of core-to-edge solutions, cloud-native technologies, security tools, and analytics, catering to the needs of service providers, enterprises, and critical infrastructure sectors.

As of April 22, 2025, Ribbon’s stock closed at $3.52 on the Nasdaq, with a market capitalization of approximately $629.84 million. The company’s financial performance has seen fluctuations, with a 52-week high of $5.38 on February 17, 2025, and a low of $2.75 on August 4, 2024. The price-to-earnings ratio stands at -10.68, reflecting the company’s current financial metrics.

This strategic partnership with Moratelindo is expected to bolster Ribbon’s position in the telecommunications sector, particularly in the realm of high-capacity, reliable connectivity solutions.