Samiksha Jaiswal (Editor)

Telecom Plus

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Type
  
Public

Industry
  
Public utility

Headquarters
  
London, United Kingdom

Founded
  
1996

Operating income
  
38 million GBP (2015)

Traded as
  
LSE: TEP

Website
  
Utility Warehouse

Revenue
  
729.2 million GBP (2015)

Net income
  
32.3 million GBP (2015)

Telecom Plus wwwlondonstockexchangecompricesandmarketssto

Key people
  
Charles Wigoder (Executive Chairman) Andrew Lindsay (CEO)

Products
  
Landline telephony, mobile telephony, broadband, gas, electricity.

Stock price
  
TEP (LON) 1,201.00 GBX 0.00 (0.00%)28 Mar, 12:24 PM GMT+1 - Disclaimer

CEO
  
Andrew Lindsay (14 Jul 2010–)

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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.

Contents

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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.

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).
  • Telecommunications Management Limited operates a full landline telephony service to small and medium-sized enterprise (SME) customers
  • A 20% share in UK business power supplier Opus Energy.
  • References

    Telecom Plus Wikipedia