Kerlink is Europe’s 10th-fastest-growing telecoms company in the Financial Times’ “FT 1000: Europe’s Fastest Growing Companies”
April 19, 2018
The FT1000 lists the 1,000 European companies that achieved the highest compound annual growth rate (CAGR) in revenue during the period of 2013-16. The listing, compiled by the Financial Times and Statista, tracks companies in a broad range of industries in addition to telecommunications. Kerlink ranked 10th among telecoms companies and 563rd among the total group, with revenue growth of 290 percent, and a CAGR of 57.4 percent from 2013-16. The company recorded revenue of €14.1 million in fiscal year 2016.
Kerlink’s revenue growth surged 75.4 percent to €24.8 million in 2017, reflecting both its continued international expansion as a leading provider of LoRaWANTM IoT networks and its strategic acceleration as a network-as-a-service (NaaS) provider for the IoT. In addition to helping partners deploy LoRaWANTM networks in New Zealand, India, Argentina, the U.S. and several European countries, Kerlink recently introduced value-added services like network-based geolocation and low-power reference design, a complete package of hardware, software, tools and recommendations that enable customers to rapidly produce IoT-connected devices.
“Kerlink’s ranking on the FT 1000 and our 2017 financial results help validate the company’s vision and execution of our strategy to provide end-to-end design, deployment and management services for IoT networks worldwide. We continue to invest significantly in R&D and to expand our portfolio to help bring the benefits of the Internet of Things to large network operators, smart cities and companies around the world, for both public and private networks.”
William Gouesbet, Kerlink CEO