Welcome to our dedicated page for Ekinops France news (Ticker: EKNPF), a resource for investors and traders seeking the latest updates and insights on Ekinops France stock.
The Ekinops SA (EKNPF) news page on Stock Titan aggregates official press releases and market updates related to the company’s telecommunications and network connectivity activities. Ekinops’ communications cover its role as a supplier of optical transport, access networking, SD-WAN, SASE and other software-based solutions for telecom operators and enterprises.
Readers can expect news about financial performance, including periodic revenue updates and discussions of product line trends such as Access, Optical Transport and Software & Services. Recent releases describe shifts in revenue mix, the growth of recurring software income measured by Annual Recurring Revenue (ARR), and the implementation of the Bridge strategic plan.
The feed also features customer deployment stories. Examples include MuniNet’s adoption of Ekinops’ 400G optical transport technology to expand capacity on existing fiber infrastructure, and Stratus Networks’ use of the Ekinops360 optical system and 1651 10G Ethernet Access Device for mobile backhaul connectivity and wholesale Ethernet services.
Product and partnership announcements appear as well, such as Orange Business launching its SD-WAN Essentials offer based on Ekinops SD-WAN Xpress technology, and Microsoft Teams Direct Routing certification for Ekinops’ enterprise SBC solutions. Updates from Ekinops entities like SixSq, which operates the Nuvla.io edge computing marketplace, are also included.
Investors and observers can use this page to follow how Ekinops executes its Bridge strategic plan, expands its Software & Services segment, and engages in sustainability and ESG initiatives like signing the United Nations Global Compact. Bookmark this page to review new releases as they are published after the close of trading on Euronext Paris.
Ekinops has partnered with Network Solutions Group (NetSG) to provide OneAccess branded enterprise routers across Australia and New Zealand. This collaboration aims to enhance NetSG's managed services, including data, voice, and network management. Central to this offering is the ONE421, a versatile branch office solution supporting speeds up to 200Mbps. Both companies share a vision of simplifying network solutions to foster customer growth.
Ekinops has been selected by TELUS, a leading communications firm, to implement network function virtualization (NFV) and next-generation software-defined network (SDN) solutions. This partnership includes deploying the OneAccess-branded ONE2501, a multi-service business data router designed for efficiency and reduced environmental impact. The collaboration aims to enhance TELUS' network capabilities while offering cost savings and operational efficiency. Ekinops' Vice President commented on the significant value this project brings to service providers.
Ekinops (Euronext Paris: EKI) has achieved a significant milestone by successfully conducting its first 5G business connectivity tests with Orange Business Services at their Orange Labs. Utilizing its 5G capable OneAccess router with OneOS6 software, Ekinops demonstrated its capability to support various network functions for enterprise connectivity needs. The tests showcased the potential of 5G for both large and small enterprise sites, confirming its viability as a primary connection. Ekinops and Orange are collaborating on packaged solutions expected in 2021.
Ekinops announces its partnership with telecom operator Adamo to implement the FlexRate™ optical transport solution. This collaboration is part of Adamo's €250 million investment to enhance internet connectivity in rural Spain. Adamo aims to achieve 25,000 new connections per month and reach 1.5 million households in less populated areas. The 200G FlexRate™ platform will lower operational costs while supporting future growth with 400G and 600G compliance.
Ekinops reported Q3 2020 revenue of €21.6 million, a 5.4% decline year-over-year, attributed to the ongoing disruptions from the COVID-19 pandemic. Notably, revenue for the first nine months was €67.4 million, down 0.7%. Growth was observed in France (11.2%) and EMEA (up 18.1%), while Asia-Pacific faced a significant drop of 35%. Ekinops maintains a solid cash position of €47.9 million and aims for Q4 revenue between €22-26 million. The company is focusing on new business development to drive future growth.
Ekinops has appointed Vincent Munière as its new Chief Technology Officer and Vice President of Research and Development, bringing over 20 years of software engineering experience. Previously at SFR, he led a team of 900 in network engineering. Munière's expertise in virtualization, 5G, and edge computing will bolster Ekinops' technology vision and accelerate software innovation. CEO Didier Brédy expressed confidence that Munière's leadership will support the company's strategic objectives and growth during this critical transition.