Granite Telecommunications
Privately Held | |
ISIN | 🆔 |
Industry | Telecommunications |
Founded 📆 | 2002 |
Founders 👔 | Robert (“Rob”) T. Hale and Robert (“Bob”) T Hale. Sr. |
Headquarters 🏙️ | 100 Newport Avenue Extension, Quincy, MA, 02171 United States |
Area served 🗺️ | Nationwide |
Key people | Robert ("Rob") T. Hale (CEO) |
Services | legacy telecommunications, broadband services, cloud services, mobility services, network integration |
Revenue🤑 | $1.5 billion |
Members | |
Number of employees | |
🌐 Website | http://www.granitenet.com |
📇 Address | |
📞 telephone | |
Granite Telecommunications, LLC is an American local exchange carrier headquartered in Quincy, Mass. The company provides voice and data products to non-residential business and governmental organizations in the United States and Canada.[1]
History[edit]
2002 to 2007[edit]
Granite was founded in 2002 by Chief Executive Officer Robert (“Rob”) T. Hale and his father, Robert (“Bob”) T. Hale, Sr.[2] At the time, Regional Bell Operating Companies had not integrated their billing systems across their multiple mergers, resulting in businesses with locations across state and Regional Bell Operating Company lines receiving multiple bills from multiple systems, which created logistical challenges for business customers.[3] By aggregating local voice Plain Old Telephone Service (“POTS”) lines and consolidating phone bills for multi-location companies, the company grew revenue to $206 million in 2007.[4]
2008 to 2014[edit]
By 2010, Granite was recognized in telecom industry trade press as one of the largest competitive local exchange carriers (“CLECs”) in the United States.[5]
By 2011, the company served more than one million lines and 6 percent of all non-incumbent business analog lines.[6]
In 2013, FastCompany magazine published a feature detailing the company's high growth rate through its atypical focus on “boring” POTS services.[1]
In 2014, Granite generated $1 billion in annual revenues.[7]
2015 to Present[edit]
In 2015, the company launched a Metaswitch multiprotocol label switching (MPLS) data network[8] and targeted large retail malls, where the company's Granite Grid product enabled retail customers to scale up bandwidth on-demand. The service also served as a conduit to provide wireless backhaul capacity to mobile operators.[9] Granite Grid was implemented in 100 malls in 2015[10] and the company's revenues for all products and services were $1.1 billion.[11]
In 2016, the company expanded operations in locations that included Atlanta,[12] Orlando,[13] and West Palm Beach, Fla.,[14] and had annual revenues of $1.25 billion.[15]
In 2017, Granite was one of ten companies approved to supply $50 billion in voice and data services to governmental agencies for a 15-year period under the General Services Administration’s (GSAs) Enterprise Infrastructure Services contract.[16] Following the GSA announcement, the company opened offices in McLean Va.[17] and would later hire additional key government contracting personnel in support of its government business.[18] Operations also were expanded in Lincoln, RI.[19] Revenues for 2017 were $1.35 billion.[20]
In 2019, Granite announced annualized revenues of $1.5 billion.[21]
Operations[edit]
Granite provides copper, cable, wireless and cloud services nationwide,[22] delivering traditional and advanced offerings,[23] including:
- legacy voice / time-division multiplexing (TDM)
- dedicated Internet access (DIA)
- cloud services
- mobility services
- broadband
- SD-WAN
- Hosted PBX
- multiprotocol label switching (MPLS)
- SIP Trunking
- network integration
The company's network integration services include:
- Structured cabling projects
- National rollouts
- Repair and media access control
- On-premise PBX
- Managed Wi-Fi deployment
Culture[edit]
The company promotes a philanthropic culture that has resulted in acknowledgements for both the organization and its CEO,[24] the most recent of which are Corporate Citizen and Most Charitable Company awards based on 2018 cash contributions of $24,281,751.[25] The most notable of these activities its annual “Saving by Shaving” event[26] in which participants receive buzz cuts in support of the Dana-Farber Cancer Institute.
Industry and Professional Awards & Recognitions[edit]
- CIO Review's 20 Most Promising Unified Communications Solutions Providers[27]
- Ernst & Young Entrepreneur of the Year Award[28]
- US Postal Service Supplier Excellence Award[29]
References[edit]
- ↑ 1.0 1.1 Krippendorff, Kaihan (4 October 2013). "This Incredibly Boring Company (Wait, Don't Snooze Yet!) Is Crushing The Competition (Awake Now?)". Fast Company. Retrieved 26 August 2019.
- ↑ Buckley, Sean (22 September 2014). "Granite Telecom hits $1B annualized revenue mark". Fierce Telecom. Retrieved 26 August 2019.
- ↑ Rogers, Bruce (18 September 2013). "How Rob Hale's Granite Telecommunications Turns Legacy Landlines Into a Growth Business" (PDF). Forbes. Retrieved 26 August 2019.
- ↑ "Inc. 500 Lists Tout Telecom Companies". Channel Partners Online. 31 August 2007. Retrieved 26 August 2019.
- ↑ "Like a Rock: Granite Grows on Solid Performance". Channel Partners Online. 26 April 2010. Retrieved 27 August 2019.
- ↑ "Granite Passes 1M Line Milestone". Channel Partners Online. 20 January 2011. Retrieved 27 August 2019.
- ↑ Harris, David L. (22 September 2014). "Granite hands out $2M to employees after reaching $1B revenue target". Boston Business Journal. Retrieved 27 August 2019.
- ↑ "20 Most Promising Telecom Solutions Providers" (PDF). CIO Review. 2015. Retrieved 27 August 2019.
- ↑ Buckley, Sean (9 June 2015). "Granite targets shopping malls, retail vertical with fiber-based services". Fierce Telecom. Retrieved 27 August 2019.
- ↑ Buckley, Sean (9 June 2015). "Granite overcomes installation challenges in lighting 100 shopping malls with fiber-based Grid solution" (PDF). Fierce Installer.
- ↑ Castellanos, Sara (30 November 2015). "Exclusive: Quincy's Granite plans to hire hundreds in 2016; lands big-name clients". Boston Business Journal. Retrieved 27 August 2019.
- ↑ Stafford, Leon (23 June 2016). "Cobb to get 50 new jobs with expansion plans". Atlanta Journal Constitution. Retrieved 27 August 2019.
- ↑ Martinez, Laureen (11 August 2016). "Granite Telecommunications Opens New Office in Orlando". Orlando News. Retrieved 28 August 2019.
- ↑ "BDB ANNOUNCES EXPANSION OF GRANITE TELECOM IN WEST PALM BEACH". Business Development Board of Palm Beach County. 11 August 2016. Retrieved 28 August 2019.
- ↑ "Granite's Growth Continues". Business Wire. 14 November 2016. Retrieved 28 August 2019.
- ↑ Rockwell, Mark (1 August 2017). "GSA names 10 primes for $50B EIS contract". Federal Computer Week. Retrieved 28 August 2019.
- ↑ "EIS Awardee Granite Telecom Names General Manager of Government Solutions". Business Wire. 9 October 2018. Retrieved 28 August 2019.
- ↑ "Learn more I agree Former GSA Executive Dennis Groh Joins Granite Government Solutions Team". Business Wire. 16 May 2019. Retrieved 28 August 2019.
- ↑ "Granite Telecom adding 50 jobs". The Valley Breeze. 17 May 2017. Retrieved 28 August 2019.
- ↑ Britt, Phil (17 January 2018). "Granite, AT&T Deal Includes Copper Assurances". Telecompetitor. Retrieved 28 August 2019.
- ↑ Maffei, Lucia (19 September 2019). "Granite Telecommunications marks sales milestone with bonuses for 2,300 employees". Boston Business Journal. Retrieved 9 October 2019.
- ↑ Peetla, Shashikanth (June 2015). "Granite Telecommunications: A Testament to the Imperishable Spirit of Entrepreneurship" (PDF) (June 2015). CIO Review. Retrieved 28 August 2019.
- ↑ "Company Website" (PDF). Granite Telecommunications. Retrieved 28 August 2019.
- ↑ Afshar, Vala (28 June 2017). "10 Leadership Lessons From Boston's Most Generous CEO". Huffington Post.
- ↑ Staff, BBJ (5 September 2019). "Corporate Citizenship Awards". Boston Business Journal. Retrieved 9 October 2019.
- ↑ "CNN's The Week in 47 Photos" (PDF). CNN. 10 April 2015. Retrieved 28 August 2019.
- ↑ "20 Most Promising Unified Communications Solution Providers 2015" (PDF). CIO Review. 15 June 2015. Retrieved 28 August 2019.
- ↑ "Ernst & Young Entrepreneur Of The Year® 2010 award winners in New England announced". Business Wire. 25 June 2010. Retrieved 28 August 2019.
- ↑ "Supplier Performance Awards". USPS.com. US Postal Service. Retrieved 28 August 2019.
Made changes - notes below[edit]
I started on this as an extension of the telecommunications service providers page, as Granite was the only of the featured $1billion+ global providers without a page. I made some changes at user:dgg's request but we have not closed those out together. It's now time for me to start gathering data for another update to the main telecom service provider's page (updated annual revenues are mostly available) so I am resubmitting as I believe the main issues with the page have been resolved and it appears that DGG is too slammed to close this out. Thanks in advance for your help. Technutt (talk) 19:17, 1 June 2020 (UTC)
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