NEW YORK, August 14, 2019 – Inc. magazine today revealed that ZochNet is No. 2775 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“This is a remarkable achievement of our successful commitment to deliver High-speed internet to rural counties throughout Texas, but I must thank our amazing customers, communities and my team for making it possible to make the Inc5000” said Robert Zoch, Founder and CEO.
Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com) been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers include some of the greatest innovators and business leaders of our generation.
Giddings, Texas (May 31, 2019) –Internet Service Provider; ZochNet, has signed a definitive agreement to acquire a local internet competitor; Texas Broadband, Inc., based out of Brenham, Texas. The deal is subject to SBA approval and is expected to close over the following 60 days. “This acquisition will expand ZochNet’s current coverage area with 10 more counties and increase its Tower network; by adding 56 towers, bringing us up to 18 counties served with 138 towers,” said Roger Turner, the company’s CFO, “and more importantly, positioning the company to add dozens of small rural towns into its long-term Fiber Strategy of bringing the Gold Standard of Internet to rural Texas communities.” Texas Broadband and ZochNet have had a 10 year history of competing and working together in the fixed wireless industry. “I met Warren Smith, the President & Founder of Texas Broadband, when I first started ZochNet, he had no problem helping me get started by providing me with bandwidth and his knowledge of the business. He was invaluable in ZochNet’s early days.” said Robert Zoch, CEO and founder of ZochNet.
Texas Broadband has been operated by three generations of the Smith family. In 2002, Warren Smith; his father Duane Smith and his son Brad Smith, incorporated their company and began bringing internet to the country, eventually even Warren’s younger children, Hunter and Misty, became part of the ownership & management to operate Texas Broadband. The company grew to cover 18 counties, from Bastrop to Madison county east of Hwy 45 and North from Franklin all the way south to Sealy, Texas on Hwy 10. Warren Smith explained, “After 17 years of my family building this business, I can see the technologies of Fiber and 5G are going to start impacting the Fixed Wireless market. I knew that ZochNet was committing to be on top of the industry changes and was wanting to expand; so now, it has turned full circle since I first met Robert, he is helping me and my family enjoy the fruits of our labor, while bringing upgraded technologies to our customers that have supported us over the years.”
“While the management team of Texas Broadband is retiring from the industry, ZochNet plans on keeping their 6 existing employees, most of them have been there over 10 years, and finding that kind of talent and experience is very important to our company,” explained Roger Turner. “This deal, of 1,400 customers will bring us up to 5,000 customers which gives us the means to increase our customer care support and network monitoring to our goal of 24/7/365.”
This is the second acquisition in 24 months, in 2017, ZochNet acquired Reveille Broadband, based in Lexington, whom was a cable TV and Internet provider in 7 rural towns throughout the area. The transaction positioned ZochNet to enter into the Fiber-Optic technology for FTTH & FTTB, (Fiber to the Home, or Business). For more information on ZochNet Internet and Phone, bundles and pricing, and the services offered in the Lee County market, please visit www.zochnet.com
About Unified Communications Inc., dba ZochNet: ZochNet is one of Texas’ fastest growing private companies with a 137% 3-year growth rate through 2018. ZochNet is a “multi-platform” internet service provider and VoIP phone service; using fixed wireless, cable and fiber-optic communication technologies to reach rural communities in eight counties between Austin and College Station.
About Texas Broadband Inc.: Texas Broadband, based in Brenham, Texas, provides remarkable high-speed wireless services throughout 18 counties in Central Texas. We deliver high speed internet to large enterprise businesses, small businesses and residential customers. More than 30 cities are currently part of the Texas Broadband network. For more information, you can reach us at www.texasbb.com or contact Warren Smith, President 888-868-3835.
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