Atlanta, GA, November 29, 2012 --(PR.com)-- FiberLight announces it ranked 259th on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. FiberLight grew 310% during this period.
FiberLight’s President and Chief Operating Officer, Kevin Coyne credits the enterprise initiatives and tower backhaul focus to the company’s 310% revenue growth. Kevin said, “As a result of owning the entire underlying infrastructure and having high fiber count networks, it has given FiberLight the leading edge to deliver purpose built solutions to our customers.”
FiberLight has been previously ranked as a Technology Fast 500™ award recipient in 2010 and 2011, as well as a Rising Star in Deloitte & Touche USA LLP’s Technology Fast 50 program for Georgia in both 2006 and 2007. Post conception in 2005, the FiberLight team has demonstrated a steadfast and consistent growth rate through the execution of their vision, expansion strategies and overall go-to-market plan.
Overall, 2012 Technology Fast 500™ companies achieved revenue growth ranging from 128 percent to 279,684 percent from 2007 to 2011, with an average growth of 2,774 percent.
About Deloitte’s 2012 Technology Fast 500™:
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
FiberLight is a premier provider of mission-critical, high performance networking services including Ethernet, Wavelengths, and IP, SONET, and Dark Fiber optical transport network solutions. Solutions are provided to telecom carriers, government, enterprise, content providers and web-centric businesses. FiberLight wholly owns its 500,000 fiber mile network in key growth areas and offers robust metro networks in 23 metros within Georgia, Florida, Washington, D.C., Texas, Virginia and Maryland, as well as Wide Area Networking options at layer 1, 2 and 3 to major commercial hubs throughout the country. Visit FiberLight at www.fiberlight.com.
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