The perhaps tediously named telecoms infrastructure provider Altnets, which supplies things like optical fibre cable and active equipment to UK FTTP broadband builders, has announced that they’ve been shortlisted as a finalist for the “Growth Business of the Year” category in the Lloyds Bank British Business Excellence Awards 2023.
According to the awards page, the category that Altnets has been shortlisted for is intended to celebrate companies that have exceeded growth expectations over the last 18 months (i.e. a substantial increase in sales, headcount, profitability, market share or geographical expansion) and demonstrated that across a range of metrics, backed up by a robust plan to deliver sustained financial success and impact.
The awards host a year-long programme of networking events, round tables and exemplary judging processes, all of which will then culminate in a spectacular awards ceremony on Tuesday 14th November 2023 at the Grosvenor House Hotel, London.
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Sam Bangle, Co-Founder and Director of Altnets, says:
“I’m thrilled that our rapid growth, industry innovation and outstanding customer service has been acknowledged by the UK’s premier business awards.
Our award-winning team deserves to be celebrated for being behind our outstanding customer retention and growth statistics. Every member of the team represents what is at the heart of the business – creating a place that meets all of our customers’ needs and supports them throughout the often complicated telecoms procurement process. In doing so they have hugely grown our company client base since we launched.
Since we began in 2020, our turnover has increased 500% and our net profit has increased by a huge 900%! We are proud of our growth and are committed to continued growth in the future, including supporting our local economy in Brighton where we are based and have sourced the majority of our workforce.”
Additionally, Altnets have also won the Best ISP Fibre Optic Products Provider Award in the 2023 SME Business Elite Awards.
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