Tech Track 100

Specialising in supplying high-speed broadband services to rural areas, this Abingdon-based firm has connected tens of thousands of rural customers across the UK to broadband. By targeting households that had been ignored by conventional telecoms providers, Gigaclear has carved out a niche for itself, developing a framework from similar operators in Sweden and Holland. Founded in 2010, it is developing a full-fibre rural network across the UK, with 93,000 homes connected by the end of 2018, and plans to connect 350,000 properties by 2021, a project it says will require funding of £450m. Sales reached £9m last year. Gareth Williams, 53, took over as chief executive in February, when majority owner Infracapital led an £85m funding round.

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Company details
ActivityInternet services provider
Average 3 year sales growth87.19%
Latest sales £000s8,979

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* supplied by company † annualised figure