5/26/2011 5:48:00 PM
Power 50 Profile: James Murray, CEO, Alternative Networks
2011 Unified Comms
James Murray is known for running a tight ship at Alternative Networks. His company is seen as blue chip in the world of unified comms, displaying a strong and steady growth under a buy and build strategy which is largely ‘build’ with some astute ‘buys’. Murray’s strategy is predominantly the delivery of solid organic growth supported by the occasional well-researched acquisition. Murray has a reputation for integrating the company’s acquisitions smoothly with little, if any, fall out. Alternative Networks' latest acquisition is a case in point. The purchase of this data company last year, which brought Alternative Networks around 200 small corporate customers to cross-sell into, has continued to see rapid growth and few if any job losses. Murray also sees mobile as central to the business, with strong relationships with both O2 and Vodafone and iPhone accreditation from both operators. Analysts say the company stands out from its unified comms competitors by its dividend yield which, standing at 4% this year, promises a 10% rise over the next two years plus acquisition upside.