Ekinops balances Q4 Access Solution losses with strong optical growth
Summary
Ekinops continued to see a tale of two perspectives in the fourth quarter as its gains in optical and software came as economic headwinds affected its access equipment segment. “Changes in the economic climate during 2023, affecting company investment policies and health, penalized our Access business in the second half of the year,” said Didier Brédy, Chairman and CEO of Ekinops. This included a multi-year contract with German operator Deutsche Glasfaser to modernize and unify their optical transport network infrastructure using the Ekinops360 platform at the end of the year. Sales of Access equipment, the Groups core business in France, fell by 18% over the year, mainly due to the economic slowdown and high inventory levels at its largest service provider customers. Ekinops noted that “momentum was still strong in Optical Transport with a leap of 57% in sales over the year.” For more information on high-speed transmission systems and suppliers, visit the Lightwave Buyer’s Guide.
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