New York, NY, Aug. 26, 2011 (GLOBE NEWSWIRE) — Inc. magazine this week ranked BetterWorld Telecom number 3,531 on its fifth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy–America’s independent entrepreneurs. Online retailer ideeli tops this year’s list. BetterWorld Telecom joins some of its sustainable customers like Clean Currents and Honest Tea, as well as partners Vocalocity and Granite Telecom, alongside great industry change makers like Zipcar, Pandora and Linkedin, among other prominent brands featured on this year’s list.
“As we break into Inc. 500|5000 list for the first time, the BetterWorld team wants to thank its amazing customers, partners, and investors for believing in us and that a different model could be possible in the $500B telecom carrier industry,” noted BetterWorld President and Co-founder, Matt Bauer. “In this highly competitive industry, it has been our unwavering commitment to placing people and the planet in lockstep with our profit goals, while pursuing the Good to Great ethos of constant improvement that has kept us surviving and thriving. We look forward to visiting the Inc. 500|5000 for many years to come,” added Bauer.
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
