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News / March 4, 2021

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AFR-IX telecom is the 16th fastest growing telecom company in Europe

AFR-IX telecom, a licensed Telecommunication Operator delivering Data, MPLS, SDN and advanced Managed solutions to corporates, carriers and Telecommunications operators in Africa, is delighted to announce that its European Company has been ranked, for second year in a row, at Number 16th among its sector in the FT 1000, the annual list of Europe’s 1000 fastest growing companies, published by the Financial Times.

In relation to all companies, AFR-IX telecom Barcelona ranks 519th position of a total of 1000 companies.

AFR-IX Telecom worldwide operations, including twelve operating companies in Africa, USA and Europe, quadrupled its headcount from 21 people to 94 while increased its total group revenues fivefold.

Currently, AFR-IX telecom holds licenses in Spain (CNMC electronic and submarine), Portugal (Anacom), USA (FCC), South Africa (ICASA), Nigeria (NCC), Ghana (NCC), DRC (ART), Mali (ARCEP), Burkina Faso (ARCEP), Sierra Leone (NATCOM) & Cameroun (ART).

About the FT Special Report

Published on the 2nd of March in a special report on innovation and growth in today’s FT.com, the rating is the result of a joint project by the Financial Times and Statista, which conducted months of research, public calls, intensive database research and directly contacted tens of thousands of companies.

This culminated in the identification of 1000 outstanding companies from the millions of existing European enterprises that achieved highest CAGR in revenue from 2016 to 2019.

“We are delighted that AFR-IX telecom Barcelona is recognized as one of Europe’s fastest growing companies” – said Norman Albi, CEO of AFR-IX telecom. “Although AFR-IX Telecom Barcelona is just one of our twelve running operations, we thank our customers, partners and our amazing team for the achievement. Recognition from respected institutions such as the Financial Times helps AFR-IX telecom build trust in markets like Africa, helping us to continue our mission to offer an international high quality and personalized internet and data services to corporates and telecommunications in the country”, Norman added.

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