Strong Financial Gains and Extensive Network Growth Provide Winning Combination for Georgia Company
Atlanta, GA — 9/12/2010
FiberLight, LLC , one of the nation’s leading providers of mission critical, high performance fiber optic networks, announced today it has received two prestigious awards for its outstanding financial track record and overall growth as a company.
Inc. magazine announced recently that FiberLight ranked 1089th in the top 5000 companies in the U.S. and 46th in the telecom industry. To be selected as one of the fastest-growing, privately held companies in America for the Inc. 500/5000, companies must show extraordinary year-over-year growth. FiberLight grew by 275% in the three year period ending in 2009.
In a letter acknowledging the award, Inc. magazine editor Jane Berentson wrote, “Congratulations to you and your team. Inc. magazine recognizes the creativity, dedication and hard work that have gone into building FiberLight into what it is today, and we wish you many more years of success.”
In June, FiberLight was ranked 5th among small mid-market companies for the 2010 Georgia Fast 40, presented by Georgia Trend magazine, the Association for Corporate Growth Atlanta and Cherry, Bekaert & Holland, LLP.
The Georgia Fast 40 represents two categories: small mid-market and large mid-market companies headquartered in Georgia. All rankings were based on the highest weighted three-year average growth in revenue and employment with 75% toward revenue growth and 25% towards employee growth.
“Throughout the selection process we identified common trends among the Fast 40 companies including a strong leadership team who invested in innovation during a tough economy,” said Kip Plowman, Managing Partner of CB&H Atlanta.
FiberLight was founded in 2005 by a group of telecom industry veterans, who, together with primary investor Thermo Companies, grew the start-up Georgia firm from a handful of markets to 21 growing metros across six states. Today, FiberLight offers a full portfolio of LightSource® products serving government, enterprise, educational institutions, carriers and web-centric businesses requiring high capacity end-to-end network solutions, while continuing to develop new networks in Georgia, Florida, Texas, Baltimore, Maryland and Washington, D.C.
“At FiberLight, we pride ourselves in our ability to maintain marketplace momentum year after year through a combination of careful planning, calculated risk taking and innovation while keeping the debt ratio low and EBITDA high,” said Michael P. Miller, FiberLight’s Founder and CEO. “Together with our partners, vendors and employees, we’d like to express our gratitude to Inc. and Georgia Trend magazines for recognizing our efforts to build a solid core infrastructure serving the needs of clients requiring fast, reliable and scalable end-to-end networking solutions which exceed industry standards.”
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 20 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 .
PR Archives: Latest, By Company, By Date