Granite Tops $1.6 Billion in Annualized Revenue

Second Annual Revenue Goal Exceeded in Second Straight Month;

Customers Increasingly Utilizing Communications Solutions;

Granite Teammates Benefit with Additional Bonuses

QUINCY, Mass.--(BUSINESS WIRE)--Granite Telecommunications, LLC, a leading provider of communications solutions to businesses and governmental agencies throughout North America, announced today that the company topped another annual revenue goal by exceeding $1.6 billion in annualized revenue. This comes on the heels of breaking $1.55 billion in annualized revenue last month.

Granite, known for its customer-driven solutions that help small businesses, government agencies and Fortune 100 companies grow, has seen demand driven by surges in data, managed service and wireless offerings. In recognition of the hard work, the company is awarding over $2 million in bonuses to its Teammates.

This marks the first time in Granite’s 18+year history that it reached annual fiscal goals in back-to-back months, and serves as a testament to the importance of the services that Granite supplies to its business and government agency customers. While requests for legacy analog voice and DSL services change, demand for other access services has increased dramatically, including higher capacity bandwidth, SD-WAN and other managed services as well as various wireless products and services. Granite’s one-call-connect-all model has grown to include a variety of data, wireless and IT services. Managing through pandemic challenges, Granite is on pace to exceed $100 million in annualized growth yet again in 2020.

“Granite is proud to be helping our customers through unprecedented times, evolving with them to offer communications products and services that enable efficiency, growth and savings,” said Granite CEO Rob Hale. “Achievement of this milestone is a testament to the exhaustive efforts of our entire team. Their care, commitment and creativity has helped our customers manage through this pandemic, and set them on a path toward a more innovative future.”

Granite has earned numerous awards and recognition for its workplace and career opportunities, including a Top Charitable Contributor by the Boston Business Journal and a South Florida Top Workplaces for 2020. The company was one of nine companies selected to provide next generation voice and data services under the General Service Administration’s $50 billion EIS contract and Granite has already won more than 20 EIS awards. More information on Granite employment and benefits, including current openings, can be found here.

About Granite

Granite delivers one-stop communications solutions to multi-location businesses and government agencies throughout the United States and Canada. The $1.6 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, and has extended its unique value proposition – “one company, one contact, one bill” – to include a range of advance business communications services, including Internet access, SD-WAN, wireless WAN, hosted PBX, SIP trunking, mobile voice and data, mobile device management, managed security, network integration and more. Granite employs more than 2,275 people at its headquarters in Quincy, Mass., and nine regional offices located in McLean, VA, Atlanta, GA, Chicago, IL, Dallas, TX, West Palm Beach, FL, Orlando, FL, New York, NY, Philadelphia, PA and Providence, RI. For more information, visit www.granitenet.com.