newsbytes.

(From BusinessWorld (Philippines))

Fastest growing local ISP

Mosaic Communications Inc. (MosCom), a local internet service provider (ISP), is also the country's fastest growing ISP. A study conducted by Enterprise magazine and published in its February 2003 issue ranks MosCom fourth in the list of fastest growing mid-tier local information technology companies. The list, dubbed "Fast 50: The 50 fastest growing tech companies in the Philippines," was based on net sales of the companies and average sales growth from 1998 to 2001. The mid-tier category includes those with net sales of between P100 million and P500 million. Unlike other studies that use revenue size as basis for ranking the performance of companies, Enterprise's Fast 50 looked at revenue growth which it claims is what investors …