FOR IMMEDIATE RELEASE
Granite Surpasses Fiscal Goal of $1.65 Billion in Annualized Revenue
$100 Million Revenue Growth in Six Months; Company Rewards Teammates with Bonuses
QUINCY, Mass. – April 12, 2021 – Granite Telecommunications, LLC, a leading provider of communications services to multilocation businesses and government agencies, today announced it has exceeded a fiscal goal established at the outset of 2021 by surpassing $1.65 billion in annualized revenue. The company will be issuing $500 bonuses to its entire staff for achieving these remarkable financial results.
The $1.65 billion milestone comes just six months after the company announced it had surpassed $1.55 billion in annualized revenue and five months after eclipsing the $1.6 billion mark.
Despite the many challenges posed to its business customers in the recent past, Granite has continued to deliver value for its customers by providing voice and data solutions tailored towards efficiency, savings and the need to accommodate virtual workforces. From small businesses to Fortune 50 companies, healthcare facilities, schools and government agencies, Granite has designed customizable, cost-saving communications solutions capable of effectively dealing with the unique challenges customers face today.
“Over the past year, we’ve seen an incredible acceleration in remote work, while at the same time the need for cost-savings and efficiencies for voice and data infrastructure has never been more crucial to Granite’s customers,” said Granite CEO Rob Hale. “Granite’s rapid growth over the past six months speaks to our success in keeping pace with rapidly evolving technology trends while minimizing costs for our customers. Granite teammates have been instrumental in making this a reality. I could not be more pleased to reward them with bonuses for their dedication to Granite’s customers.”
Granite delivers one-stop communications solutions to multilocation businesses and government agencies throughout the United States and Canada. The $1.65 billion company serves more than two-thirds of the Fortune 100 companies in the United States and has 1.75 million voice and data lines under management. Granite launched in 2002 and grew quickly by helping businesses to simplify sourcing and management of local and long-distance phone services with one point of contact and one invoice for all their office locations nationwide. Today, Granite is the leader in aggregating Plain Old Telephone Services (POTS) and has extended its unique value proposition – “one company, one contact, one bill” – to include a range of advanced business communications services, including Internet access, SD-WAN, wireless WAN, wireless POTS, hosted PBX, SIP trunking, mobile voice and data, mobile device management, managed security, network integration and more. Granite employs more than 2,300 people at its Quincy MA headquarters and nine regional offices nationwide. For more information, visit www.granitenet.com.