Focus: SMS provider
Jeremy Bygrave
Age: 32
Company: Mediaburst
A difficult year has resulted in an impressive re-alignment by serial entrepreneur Bygrave. As a result of regulatory changes, Mediaburst was forced to focus solely on business messaging, rather than premium rate competitions that provided 80% of revenues. He admits the business had also become “fat”, so he set about streamlining and refocusing, thereby keeping Mediaburst afloat and increasing margins. Growth will be further boosted through partnerships with the likes of O2. A £2.5m turnover is forecast for 2007.
