A metro Ethernet leader in mission-critical, higher-performance fiber optic network solutions, FiberLight (News - Alert) has once again been named one of Georgia’s fastest growing companies by Georgia Trend magazine.

Atlanta-based FiberLight was placed among the top 2011 Georgia “Fast 40,” coming in at third on the list, which is compiled by the Association for Corporate Growth Atlanta Chapter and founder and Diamond sponsor Cherry, Bekaert & Holland.

Just last year, FiberLight graced the list in the fifth position among the state’s small mid-market companies.

“We are deeply honored to receive recognition from Georgia Trend for our continued marketplace success,” said FiberLight President and COO Kevin B. Coyne on this year’s results. “Receiving this award reinforces my belief that our seasoned management team offers the best mix of expertise and foresight to build our business profitably and organically while delivering a great customer experience to our enterprise, government and carrier clients.”

Since its inception in 2005, FiberLight has blossomed from a regional carrier with a handful of markets to one of the top 10 telecommunications companies in the country. With a comprehensive portfolio of high capacity, end-to-end network solutions for government, enterprise, educational institutions, carriers and Web-focused businesses, FiberLight’s metro Ethernet services can be found in 23 markets in the Southwest, Southeast and Mid-Atlantic regions.

According to a press release, from 2007 to 2010, FiberLight achieved increased revenue by 329 percent, while also upholding a low debt ratio and high EBITDA margin. FiberLight’s success, according to Coyne, is attributed to the company’s ability to grow and profit while also sticking to a precise payment model when creating new networks.

Greg Cinnamon, chairman of the Georgia Fast 40, had a lot to say when it came to commending FiberLight’s team of telecommunications experts on this honor: “What sets your company and our other honorees apart is the grit and inspiration you have demonstrated in meeting the difficult challenges and making the difficult choices as we have emerged from the Great Recession. The quality of your leadership, the dedication of your employees and your focus on innovation are all to be commended.”

Tammy Wolf is a TMCnet web editor. She covers a wide range of topics, including IP communications and information technology. To read more of her articles, please visit her columnist page.

Edited by Juliana Kenny