iTel Networks Ranked Among the Fastest Growing Companies in North America on Deloitte’s 2019 Technology Fast 500™ | iTel Networks Inc.

iTel Networks Ranked Among the Fastest Growing Companies in North America on Deloitte’s 2019 Technology Fast 500™

Nov 7, 2019 | Blog, News, Press Release

Attributes 180% Revenue Growth to a robust portfolio of service offerings that meets the needs of business customers because they can easily be tweaked and expanded.


 

Kamloops, BC, November 7 — iTel Networks today announced it ranked on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 25th year. iTel Networks grew 180% during this period and is one of the only Canadian companies to make the list – and one of the few telecom companies to be ranked.

iTel’s chief executive officer, Dan Rink, credits relationship-focused customer service and product development with the company’s 180% revenue growth. He said, “we have continued to invest in our operations and infrastructure allowing us to continually offer additional value to existing customers and complete end-to-end solutions to new customers.”

“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “Once again, we saw innovation across the board – It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”

We have continued to invest in our operations and infrastructure allowing us to continually offer additional value to existing customers and complete end-to-end solutions to new customers.

– Dan Rink, CEO

“What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice.

About

Now in its 25th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

iTel Networks is a converged network company with one of the largest business data and voice footprints in Canada. Harnessing the power of multiple carriers and the best technology, we can create an affordable network solution for any business – in even the most remote locations across Canada and the US. Our extensive network reach allows us to provide a quality of support that is unmatched in the telecom industry. We’re committed to being at the cutting edge of technology and innovation to ensure our customers are getting the best solutions possible. This year, iTel has been recognized provincially and nationally by a number of business organizations and media as one of the fastest-growing companies in British Columbia and Canada.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

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Kelly Pritchard, iTel Networks
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