Fibre Optic ISP Hyperoptic Ranked 17th in the Sunday Times Hiscox Tech Track 100

Ultrafast fibre optic broadband ISP Hyperoptic, which deploys their FTTP/B network into large buildings around dense UK urban areas, has been ranked 17th in the Tech Track’s latest league table of Britain’s 100 private tech companies with the fastest-growing sales over their latest 3 years.

The ISP is currently the United Kingdom’s second largest provider of 1Gbps capable FTTP/B networks (350,000 premises passed) after national operator Openreach (BT) and they’ve recently secured another investment of £100 million in order to help reach 500,000 urban premises by the end of 2019, followed by 2 million come 2022 (here). On top of that they also have an aspiration towards reaching 5 million by around 2025.

Suffice to say that the provider has seen plenty of growth and there appears to be no shortage of inward investment, which is a trend that we’ve also been seeing with other providers of pure fibre optic connectivity. In that sense it’s no surprise to find that the Sunday Times Hiscox Tech Track 100 has ranked them 17th overall and they also appear to be the only broadband ISP in the whole table.

Steve Holford, Chief Customer Officer of Hyperoptic, said:

“It is very rewarding to be ranked alongside the most successful and innovative technology companies in the UK. We have worked tirelessly to define a new category in connectivity. Our customers have been key to our growth – we are hugely grateful for their on-going support on our journey from start-up to mainstream market player.”

The table reveals that Hyperoptic’s annual sales rise over the 3 years to December 2016 was 160.86% and their latest sales were valued at £8,775,000. On top of that the provider is said to have about 297 staff.