Voice and data communications provider Entanet International has been included in this year’s Deloitte Fast 50 which ranks the UK’s fastest growing technology companies based on percentage growth over the last five years. It’s growth rate of 514% between 2003 and 2007 also ranks it the 4th fastest growing technology company in the Midlands.
“Achieving sustained revenue growth of 514% over five years is a tremendous accomplishment during challenging times for the technology sector,” said Chris Robertson, Deloitte Technology partner for the Midlands. “Entanet’s exceptional growth puts it in select company.”
Now in its eleventh year, the Deloitte Fast 50 highlights both emerging and established companies in the UK. Commenting on the achievement Darren Farnden, Entanet’s Marketing Manager said “This latest ranking further identifies Entanet as one of the UK’s leading communications providers and clearly places us ahead of many of our competitors, especially when teamed with our recent Tech Track 100 rating.”
This latest Deloitte ranking follows Entanet’s recent success in the Sunday Times Tech Track 100 where it was ranked in 61st position. Farnden added “Such recognition of Entanet’s financial performance clearly demonstrates our commitment to innovation and entrepreneurial spirit. Our growth rate is expected to increase as we further develop our national network and invest heavily for the future.”
Entanet has recently invested significantly in extending its national network to cover the 20 aggregation points for BT’s 21st Century Network. This investment enables Entanet to become one of the first providers to market BT based ADSL2+ services.
The Deloitte Fast 50 is compiled by leading professional services firm Deloitte. The 50 companies named in the Deloitte Fast 50 ranking will be invited to an exclusive awards event on 25th November.