Cary, NC – November 5, 2010 - Bandwidth.com, Inc., one of the nation's largest and fastest growing phone networks and a provider of innovative communication services for businesses, was named one of the 50 fastest growing private companies in the Research Triangle Park area by the Triangle Business Journal. The Fast 50 Awards honor companies for entrepreneurial excellence and achievement in the past year.
“Bandwidth continues to experience significant growth fueled by the success of next-generation consumer voice services using our purpose-built IP communications network and the thousands of business customers who rely upon us for their telephone, mobile, and internet connectivity needs,” said Bandwidth.com CEO David Morken. “The Fast 50 Award is a testament to the success we have experienced and we are honored to receive it again for the fourth time.”
Bandwidth.com was one of only five telecommunications company to win the award among the 50 recipients, which included professional staffing companies, software companies, consulting firms and pharmaceutical/biotech companies. The 2010 Fast 50 Award marks the fourth time Bandwidth has been recognized, previously having been honored in 2007, 2008, and 2009. The Fast 50 winners were selected and ranked based on revenue numbers analyzed by PricewaterhouseCoopers.
"For 18 years, the Fast 50 Awards has been the benchmark by which fast growing private companies in the Triangle judge their success," says Charlene Grunwaldt, publisher of Triangle Business Journal. "This year's winners are particularly impressive because, in addition to a competitive landscape, these firms have overcome a challenging economy and continued to report growth in revenue and profits. These 50 companies are clearly the businesses to watch in the future."
Bandwidth.com is among the nation's largest and fastest growing phone networks, providing annually millions of phone numbers and billions of minutes of calls for over 6,000 business customers in all fifty states, including industry leaders such as Google, Skype, Voxeo, Pinger, Yext, and IfByPhone. For small and medium sized businesses, Bandwidth.com provides integrated mobile smartphone and office telephone solutions as well as business-grade internet connectivity. For example, Bandwidth.com's Phonebooth solution is a powerful cloud-based office phone system, specifically designed for small businesses, which comes with unlimited domestic calling for just $20 per user per month. Founded in 1999, Bandwidth.com is a profitable company located in Research Triangle Park, NC. For more information, please visit http://www.bandwidth.com and http://www.phonebooth.com.
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