2008 Profit Track 100
Rank: 80 MX Telecom
Its technology allows the streaming of Big Brother live to mobile phones
This firm provides a gateway between mobile-phone users, the networks and content providers. Its technology allows drivers in London to pay their congestion charge by an SMS text message, for example, while its picture messaging technology was used by the BBC for its programme Passport to Paradise, allowing viewers to send in photos of themselves. Former derivatives trader Mark Fitzgerald and IT expert Thomas O’Donohoe set up the company in 2000 and have grown profits 55% a year, from £1.7m in 2003 to £6.4m in 2006.
[back]
This firm provides a gateway between mobile-phone users, the networks and content providers. Its technology allows drivers in London to pay their congestion charge by an SMS text message, for example, while its picture messaging technology was used by the BBC for its programme Passport to Paradise, allowing viewers to send in photos of themselves. Former derivatives trader Mark Fitzgerald and IT expert Thomas O’Donohoe set up the company in 2000 and have grown profits 55% a year, from £1.7m in 2003 to £6.4m in 2006.
Copyright © 2012.
This profile reflects the company at time of publication (as identified in top left-hand corner) and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.
[back]
Company facts
MX Telecom
Wireless technology developer
Company website
| Profit growth | 54.91% pa |
| 2006 profit | £6.4m |
| 2003 profit | £1.7m |
| 2006 staff | 36 |
| Founded | 2000 |
| Location of HQ | Chiswick |
| If applicable: * = annualised figures ‡ = draft accounts |
|
