Subaskaran Allirajah’s Lycamobile group has made its second appearance in the Top Track 250 league table of mid-market private companies published in the Sunday Times Fast Track on 13th October 2013.
Renowned for its flagship brand Lycamobile, the largest global provider of low cost international mobile calls, Lycamobile is ranked 4th out of a total of 250 companies.
The Top Track 250 league table features companies that have grown exponentially in a difficult year. The rankings identify firms that have increased their revenues or, when sales have decreased, boosted their operating profits according to the latest accounts. The Top Track 250 is compiled by Fast Track and featured in the Sunday Times with sponsorship from Grant Thornton.
Subaskaran Allirajah, Chairman and Founder of the Lycamobile Group commented,
“I am very proud that Lycamobile has once again been acknowledged for its successes and is ranked as Britain’s 4th top mid-market private company. This is great recognition for my team, after a hugely successful and pivotal year for the company.
Milind Kangle, Lycmobile Group Chief Executive added:
“I would like to congratulate the hardworking Lycamobile team, who have been instrumental in securing this fantastic achievement for a third year in a row. I am confident we will be able to build on these successes and drive the Group forward to greater success in 2014.”
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Lycamobile is a prepaid mobile SIM card provider that provides low-cost, high-quality international and national calls and has acquired over 30 million customers across 16 countries (UK, Netherlands, Belgium, Switzerland, Denmark, Norway, Sweden, Italy, Portugal, Australia, France, Germany, Poland, Spain, Ireland and the USA). The brand was initially introduced in 2006 and is already Europe’s largest pre-pay MVNO. Lycamobile continues to grow rapidly with further market launches planned throughout 2013.