Fast Track 100

Michael McComb, who founded the Mobile Phone Store in 1993, sold out to BT Cellnet for £40m in April. The deal gave Cellnet, which had already acquired 40% of the company for an undisclosed sum, complete ownership. McComb, a former Ford dealer, started the Mobile Phone Store in Southport. In contrast to other retailers, he decided to specialise in just BT Cellnet and One2One. This, and a focus on customer service, allowed the company to ride the mobile-phone wave. From its humble beginnings, the Mobile Phone Store grew to 134 shops across Britain and its sales have risen 81% a year, from £3.2m in 1996 to £19.2m in 1999.

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Company details
CompanyThe Mobile Phone Store
ActivityMobile-phone retailer
Annual sales rise over 3 years81.37%
Latest sales £000s19,200

If applicable:

* supplied by company † annualised figure