Tech Track 100

This company provides wireless communication equipment to telecoms companies. The equipment is hardy enough to be installed outside and so is suitable for use in developing countries. As a result, Cambridge Broadband Networks has made sales to the African telecoms companies MTN Group and Gateway Communications, for which it is creating a mobile broadband network in Nigeria. Ten engineers from Cambridge University founded the group in 2000. It has raised £45m in backing from a private equity consortium that includes Amadeus Capital. Chief executive Graham Peel oversaw sales growth of 49% a year from £6.7m in 2006 to £22m in 2009.

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Company details
CompanyCambridge Broadband Networks
ActivityWireless technology developer
Average 3 year sales growth48.95%
Latest sales £000s*22,007

If applicable:

* supplied by company † annualised figure