Telecom Plus

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Telecom Plus PLC
Public
Traded as LSETEP
Industry Public utility
Founded 1996; 21 years ago (1996)
Headquarters London, England, UK
Key people
Charles Wigoder (Executive Chairman)
Andrew Lindsay (CEO)
Products Landline telephony, mobile telephony, broadband, gas, electricity.
Revenue £744.7 million (2016)[1]
£36.7 million (2016)[1]
£31.8 million (2016)[1]
Website Utility Warehouse

Telecom Plus PLC is a multi-utility supplier based in the United Kingdom. It supplies gas, electricity, landline, broadband and mobile services to residences and businesses. It is listed on the London Stock Exchange. The company uses a multi-level marketing model to recruit customers and distributors.[2]

History

The Company was founded in 1996 as a telecommunications business. Its first product, launched in 1997, was a least cost call routing 'Smart Box', a gadget that plugs into a phone socket and then routes the calls to alternative networks at a cheaper rate than British Telecom.[3]

Operations

The company has three activities:

  • Utility Warehouse operates a full landline telephony service, mobile telephony (using existing BT and the hardware of the T-Mobile & Orange UK networks, now EE), broadband, gas and electricity (the company is licensed by OFGEM), and a pre-paid MasterCard (a CashBack card).[4]
  • Telecommunications Management Limited operates a full landline telephony service to small and medium-sized enterprise (SME) customers[5]
  • A 20% share in UK business power supplier Opus Energy.[6]

See also

References

  1. ^ a b c "Annual Results 2016" (PDF). Telecom Plus. Retrieved 28 April 2017. 
  2. ^ Jones, Rupert (4 December 2009). "Utility Warehouse under the spotlight". The Guardian. Retrieved 30 June 2016. 
  3. ^ "Sunday Times - Rich List". timesonline.co.uk. Archived from the original on 22 May 2011. Retrieved 3 April 2015. 
  4. ^ Macalister, Terry; Jennifer Rankin (20 November 2013). "RWE npower supply sale raises fears over UK withdrawal". The Guardian. Retrieved 6 October 2014. 
  5. ^ "TML - About us". Retrieved 14 April 2016. 
  6. ^ "2011 Top Track 250". Retrieved 5 March 2012. 

External links

  • Utility Warehouse website


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