Integra Telecom Named One of America's 5,000 Fastest-Growing Private Companies
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Competitive Telecom Provider Records Three-Year Revenue Growth of
241.8%; Ranks No. 33 in Gross Dollars of Growth
PORTLAND, Ore.--(Business Wire)--
Inc. ranked Integra Telecom No. 1,557 on its annual ranking of the
5,000 fastest-growing private companies in the country and No. 33 in
the category of gross dollars of growth. Between 2004 and 2007,
Integra achieved revenue growth of 241.8%. The list is the most
comprehensive look at the most important segment of the economy --
America's independent-minded entrepreneurs.
Additionally, Integra ranked among the top 50 private companies in
America in the following four 2008 Inc. 5000 categories:
-- No. 22 in the Top 50 Businesses in
Portland-Vancouver-Beaverton, OR-WA
-- No. 33 in the Top 100 Inc. 5,000 Companies by Gross
Dollars of Growth
-- No. 43 in the Top 100 Inc. 5,000 Companies by Revenue
-- No. 44 in the Top 100 Telecommunications Companies
"Our second annual Inc. 5000 continues the most ambitious project
in business journalism," said Inc. 5000 Project Manager Jim Melloan.
"The Inc. 5000 gives an unrivalled portrait of young, underreported
companies across all industries doing fascinating things with
cutting-edge business models, as well as older companies that are
still showing impressive growth."
Integra Telecom is a leading provider of telecommunications and
Internet services for businesses in 11 Western states. The company's
2008 Inc. 5000 rank of 1,557 marks a substantial leap from its
position at 3,125 in 2007.
"We're honored to once again be recognized on Inc. magazine's
honorary list of the fastest growing private companies in America,"
said Dudley Slater, CEO for Integra Telecom. "This recognition is a
result of all of our employees' hard work. Their dedication and
commitment to quality make it possible for Integra to grow rapidly
while upholding industry leading customer service standards."
The 5,000 companies that made the list reported aggregate revenue
of $185 billion and median three-year growth of 147 percent. Most
important, the 2008 Inc. 5000 companies were engines of job growth,
having created more than 826,033 jobs since those companies were
founded. Complete results of the Inc. 5000, including company profiles
and a list of the fastest-growing companies that can be sorted by
industry and region, can be found at www.inc5000.com.
Hottest Regions for Fastest-Growing Companies
The New York metro area tops the Inc. 5000 list with the most
companies of any city with 355. Washington, D.C. comes in a close
second with 300 companies on the list; Los Angeles comes in third with
244 companies, and Atlanta (194 companies) and Chicago (189 companies)
round out the top five. Interestingly, only 62 companies on the Inc.
5000 are not based in metropolitan areas.
Grand Rapids, Mich. leads the list with the highest median revenue
of any metro area ($26.2 million, 16 companies), followed by San
Antonio, Texas ($21.3 million, 25 companies), Baton Rouge, La. ($18.8
million, 14 companies), Houston ($17.1 million, 97 companies), and
Kansas City, Mo.-Kan. ($16.5 million, 39 companies).
Hottest Industries for Fastest-Growing Businesses
The most notable median growth categories among the Inc. 5000
fastest-growing businesses are in the Energy category (which grew by
298%), followed by Government Services (which grew by 220%), Security
(200% growth), IT Services and Software (both grew by 187%), and
Consulting (which grew by 182% on average).
The largest business category is IT Services, with 579 Inc. 5000
companies. Business Services (532 companies), Construction (459),
Manufacturing (405), and Advertising & Marketing (361) complete the
top five industries ranked on the 2008 Inc. 5000.
Industries reporting the highest median revenue are Travel ($38.8
million), Financial Services ($16.3 million), Logistics ($15.4
million) Government Services ($14.2 million), and Energy ($14.2
million).
Methodology
The 2008 Inc. 5000 list measures revenue growth from 2004 through
2007. To qualify, companies must be U.S.-based and privately held, for
profit, independent -- not subsidiaries or divisions of other
companies -- as of December 31, 2007, and have had at least $200,000
in revenue in 2004, and $2 million in 2007.
Companies can apply for next year's Inc. 5000 by registering with
"IncBizNet, Business Network for Private Companies," at
www.incbiznet.com.
About Integra Telecom
Integra Telecom Inc. provides voice, data and Internet
communications to thousands of business and carrier customers in 11
Western states, including: Arizona, California, Colorado, Idaho,
Minnesota, Montana, Nevada, North Dakota, Oregon, Utah and Washington.
The company owns and operates a best-in-class fiber-optic network
comprising metropolitan access networks, a nationally acclaimed tier
one Internet and data network, and a 4,700-mile high-speed long haul
network. The company has earned some of the highest customer loyalty
and customer satisfaction ratings in the telecommunications industry.
Primary equity investors in the company include Warburg Pincus, Banc
of America Capital Investors and Boston Ventures. Integra Telecom,
Electric Lightwave, Eschelon Telecom, Unicom and OneEighty
Communications are registered trademarks of Integra Telecom Inc. For
more information, visit www.integratelecom.com.
About Inc.com
Inc.com, the daily resource for entrepreneurs, delivers how-to
guides, advice, tools, breaking news, and rich multi-media to help
business owners and CEOs start, run, and grow their businesses.
Inc.com offers dynamic marketing solutions to help advertisers
effectively reach Inc.com's audience of business leaders. Visit
http://www.inc.com.
About Inc. 500/Inc. 5000 Conference
Each year, Inc. magazine and Inc.com celebrate the remarkable
achievements of today's entrepreneurial superstars -- the privately
held small businesses that drive our economy. The Inc. 500/Inc. 5000
Conference brings together members of the Inc. 5000 community--both a
new class of Inc. 5000 honorees and the list's alumni--for three days
of powerful networking, inspired learning, and momentous celebration.
For the first time ever, this powerful networking event is open to
all. Please join us September 18-20, 2008 at the Gaylord National
Resort and Convention Center in Washington, D.C. For more information
or to register, visit www.Inc500Conference.com or call us at
877-211-0489.
Integra Telecom Inc.
Anne Garlock, 612-436-6450
amgarlock@integratelecom.com
or
Shannon Riggs, 503-546-7885
shannon@lanepr.com
Copyright Business Wire 2008
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