Founded in 2000, Cambridge Broadband Networks provides wireless communication equipment to telecoms companies around the world. The company has developed a product that is hardy enough to be installed outside. This makes it suitable for use in developing countries where there is less infrastructure and, as a result, half of the company’s customers are in sub-Saharan Africa. The firm is led by chief executive Graham Peal, with £45m backing from the private-equity house Amadeus and others. Its sales have grown 84% a year from £2.3m in 2005 to £14.3m in 2008, when it reported a loss.
This profile reflects the company at time of publication 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.