infoTECH Feature

May 28, 2010

Polystar Ranked as One of the Fastest Growing Companies in Sweden

Polystar (News - Alert) OSIX, a premier supplier of OSS/BSS solutions for the telecom market, has been named as one of the fastest growing companies in Sweden.

Ahrens Rapid Growth developed this year's Growth Ranking List - 17th annual consecutive edition.

This year, in the Growth Ranking List, a total of 1800 companies were nominated. Out of them, only 68, by showing an average organic annual growth of 25 percent over the last six years, fulfilled the criteria.

Among other requirements, company must have been profitable over the last two years, and at least four of the past seven years. A stable sales growth exceeding 20 percent in one of the last two years shall also be shown by the company. At the same time they shall conform to a wide range of further prerequisites.

Polystar, with the average growth of 55 percent, fulfilled all these tough criteria with abundance. A streak of unbroken profitability since its foundation has been experienced by Polystar. This has helped it to show a continuous and sustainable growth over the last several years.

The persistent work of developing and delivering market-leading solutions, undertaken by Polystar for telecom operators has brought about considerable results. With a focused strategy of gaining new markets, Polystar has spread its customer base over 50 countries, which made a clear result in the growth figures.

In related news, to supply network wide integrated monitoring system for its legacy and advanced technologies, Mobile operator MTN (News - Alert) Cyprus has awarded a contract to telecommunications supplier Polystar.


Deepika Mala is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.

Edited by Alice Straight
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