VostroNet has been ranked in the Financial Times Top 500 High-Growth Companies of the Asia-Pacific 2021. It’s the second year in a row the telecommunications company has been included in the listing and reflects VostroNet’s growth in the Asia-Pacific region.
The ranking is determined by measuring business across 11 territories by their annual growth rate between the 2016 and 2019 years, with the requirement of generating a minimum of 8.9% annual growth during that time. Likewise, companies must have had annual revenue of more than $100,000 in 2016 and more than $1 million in 2019.
A Record of Success
The 2021 Financial Times ranking follows a number of achievements for VostroNet, also being recognised in the list last year and ranking 24th in the 2020 Financial Review’s Fast 100 list.
Likewise, the network company has made consistent appearances in the Financial Review’s Fast Starter Companies list for years prior, as well as being nominated for numerous awards across the ARN Innovation Awards and Brisbane’s Lord Mayor’s Business Awards 2019, winning the award for Young Businessperson of the Year.
VostroNet’s CEO, Jonathon Runge, believes the recognition reflects VostroNet’s growing position as a “highly competitive” network alternative for developers.
A Growing Portfolio
VostroNet deploys its high-speed network to multi-dwelling units and wireless spaces across the Asia-Pacific.
The last year has seen the network provider deliver its wholesale network to such multi-dwelling unit Sydney sites such as The Rhodes Central Precinct in Rhodes with The Lennox Development in Parramatta and The Langston development in Epping coming online this year.
Likewise, VostroNet has completed deployments to student accommodation precincts such as the UniLodge Archer Street development in Brisbane and the Unilodge Ultimo student accommodation development in Sydney.
It is expected to be a strong 2021 year for the network provider, with a strong portfolio of upcoming deployments across multiple market sectors.