VostroNet has ranked number 24 on the Australian Financial Review’s (AFR) Fast 100 list 2020. It’s not the first time the fibre network provider was ranked in an AFR premium listing. The network provider also made the AFR’s Fast Starters list twice for the 2017 and 2018 years.
According to the Australian Financial Review, companies are ranked on revenue growth for 2019 against the 2015 financial year. A company is only eligible for submission to be judged for the Fast 100 if they have started trading before July 1, 2015, and must have had a turnover of greater than $500,000 in that year.
VostroNet’s considerable revenue growth is a direct result of its continually expanding footprint. The provider delivers its high-speed network to a variety of sectors within the property industry. A number of successful deployments across its market sectors have resulted in significant growth for the company.
CEO Jonathon Runge has welcomed the result and believes it “reflects the hard work the whole team has put in”.
We are extremely excited at the result, VostroNet has expanded to new industries, bringing about new opportunities. Developers are looking for a future-proof alternative for their developments. VostroNet meets their requirements from both an infrastructure and software perspective.
What’s next for VostroNet?
VostroNet’s growth will continue in the upcoming 12-months. This includes high profile residential precincts in Sydney such as the Lennox Development in Parramatta and the Rhodes Central Precinct in Rhodes.
Likewise, VostroNet has completed a new fibre loop in Brisbane’s CBD and Fortitude Valley. These new cores service VostroNet’s expanding footprint including from Queensland University of Technology’s Gardens Point to the Utopia Space apartments in Fortitude Valley.
2020 is busy year for VostroNet with a number of new deployments coming up. We look forward to delivering our high-speed network to new clients and users.
Jonathon Runge, CEO of VostroNet
VostroNet
VostroNet is a leading provider of high-speed internet to residential buildings, student accommodation, hotels, co-working spaces and public spaces across the Asia Pacific.
Find out more about the VostroNet innovative network solution.
