EKINOPS (Euronext Paris - FR0011466069 – EKI), a leading supplier of telecommunications solutions for telecom operators, has drawn up a term sheet with its bank partners with a view to obtaining a new €12 million credit facility.
The loan, 90% of which is guaranteed by the French state under the PGE state-guaranteed loan scheme (ministerial orders of March 23 and April 17, 2020 awarding the state guarantee to credit institutions and finance companies, implementing Article 6 of Law no. 2020-289 of March 23, 2020), will have a maturity of one year with optional extension for up to five additional years (May 2026) at the Company’s discretion.
Meanwhile, US subsidiary EKINOPS Corp. has obtained USD 596,000 of financing under the Paycheck Protection Program (PPP), a scheme offered to SMEs by the Small Business Administration (SBA) in tandem with State governors to help them get through the crisis. This loan is granted for a maximum two-year term with a six-month payment deferral.
EKINOPS (Euronext Paris - FR0011466069 – EKI), a leading supplier of optical transport and enterprise connectivity solutions, today announces the launch of SD-WAN Home Office Connect, a compact networking solution tailored to support enterprises in overcoming the performance, security and legal challenges of managing remote working.
EKINOPS (Euronext Paris - FR0011466069 – EKI), a network access and virtualization specialist, today announces that Swisscom (Bern/CH), a leading ICT company in Switzerland, has selected EKINOPS to deliver a new virtualized network solution on uCPE (universal Customer Premises Equipment).
EKINOPS (Euronext Paris - FR0011466069 – EKI), a leading provider of open, future-proof and flexible networking solutions to service providers and telecom operators, today announces the certification of the EKINOPS OneOS6-LIM (Operating System and software Local Infrastructure Manager), with the Lanner NCA-1515/L-1515 on the Verizon Wireless Network. The certification under the Verizon Wireless Open Development Initiative (ODI) program allows a product to connect to the Verizon Wireless Network.