ECI Telecom

DB Systel has recruited ECI to build and deploy a flexible optical backbone network in Germany.

Cloud communications provider, Ribbon Communications has entered into an agreement to acquire, via merger, SDN/NFV and end-to-end packet-optical transport provider ECI Telecom Group.

Optical transport systems vendor, ECI has partnered with service distributor, WDC Networks to better serve Brazilian internet service providers (ISPs).

ECI Telecom Group intends to float on the main market of the London Stock Exchange, with the aim of raising $230 million in its initial public offering (IPO) for future investments, debt reduction and an increase in its brand profile. The company would also use the funding to help capture the opportunity represented by 5G.