The Phone Co-op

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The Phone Co-op Limited
Type Consumer co-operative
Industry Telecommunications
Founded 1998 (1998)
Headquarters Chipping Norton, London and Manchester, United Kingdom
Area served United Kingdom
Key people Shelagh Young, Chair;
Vivian Woodell, Founder and Chief Executive
Products Fixed line telephony, broadband, fibre broadband, mobile telephony, telephone systems, Voice over IP (VoIP), leased line, domain names, web hosting, telephone conferencing
Revenue £10.6 million
Operating income £414,677 (2013)
£276,036 (2012)
Net income £554,632 (2013) 2
£424,160 (2012)
Members 10,006 (2013)
Employees 63
Website thephone.coop

Footnotes / references
1. Figures rounded from 2012 Annual Report

2. UK cooperative taxation means that after tax surplus is also after distributions

The Phone Co-op, trading as The Co-operative Phone & Broadband, The Co-operative Business Telecoms and The Co-operative Mobile is a consumer co-operative in the United Kingdom, which provides fixed, mobile telephone and internet services, including web hosting and broadband. It can be considered a Telephone Co-operative.

It is 100% owned by its members, who are customers. It has over approximately 20,000 customers, spanning individuals, businesses, charities, local authorities and other co-operatives, including Amnesty International, The Big Issue, Christian Aid, Central England Co-operative Society, the Centre for Alternative Technology, Chelmsford Star Co-operative Society, The Co-operative Group, The Council of the Isles of Scilly, Manchester City Council, The Midcounties Co-operative, Triodos Bank and UNISON.

The Phone Co-op follows the widely recognised Rochdale Principles of co-operation, including the payment of a dividend to its members based on how much they spend with the co-operative during the year. The dividend is paid out of profits generated by the co-operative and for year ending 31 August 2013 was 2.5% of each member's spend.[1] In common with many other co-operatives, The Phone Co-op seeks to operate to high ethical and environmental standards, publishing extensive non-financial data in its annual report.

Alongside organic growth, The Phone Co-op has acquired other telecommunications businesses, most notably the telecoms business of Saga Group in 2010 and the broadband business of Namesco in 2014.

It operates an affinity marketing scheme, where like minded partners receive a revenue share in return for introducing its supporters to The Phone Co-op's services. Participating organisations include New Internationalist, Positive News,[2] The Soil Association[3] and World Development Movement.[4]

History[edit]

  • 1998: founded as SETCO (Social Economy Telecommunications Co-operative), incorporated as a company limited by guarantee. Initially, membership of the co-operative was reserved exclusively for other co-ops and charities.
  • 2008: receives the UK Government-sponsored Enterprising Solutions Award for Best Social Enterprise 2008.[5]
  • 2010: acquired the telecoms business of Saga Group, including approximately 8,000 residential customers.
  • 2012: awarded the Green Award of trade body, The Federation of Communications Services, for the fourth year running.[6]
  • 2012: concluded a brand licensing agreement with Co-operative Brands Limited to use The Co-operative brand with three specific sub brands, The Co-operative Phone & Broadband, The Co-operative Business Telecoms, and The Co-operative Mobile.[7][8]
  • 2013: Partners with the UK charity Community Network to take over its teleconferencing platform, allowing the charity to focus on serving its clients.[11]
  • 2014: became the UK's sole stockist of Fairphone FPU1 ethical smartphones.[15]

References[edit]

  1. ^ "Dividend has been applied". The Phone Co-op. Retrieved 20 May 2014. 
  2. ^ "Partners". Positive News. Positive News Trust. Retrieved 11 June 2014. 
  3. ^ "Business Club case study: The Phone Co-Op - A telecoms company with an ethical ring". The Daily Telegraph. 3 Sep 2009. Retrieved 5 June 2014. 
  4. ^ Bibby, Andrew (15 July 2008). "Victorian model’s modern take". The Financial Times. Retrieved 5 June 2014. 
  5. ^ "Social Enterprise Awards". Positive News. 24 November 2008. Retrieved 20 May 2014. 
  6. ^ "The FCS Awards 2012". Federation of Communication Services. Retrieved 20 May 2014. 
  7. ^ Dave, Bowman (4 September 2012). "Phone Co-op joins The Co-operative national brand". Co-operative News. Retrieved 20 May 2014. 
  8. ^ Bibby, Andrew (24 Sep 2012). "The Co-operative gets good with phones". The Guardian. Retrieved 5 June 2014. 
  9. ^ "Social Enterprise Awards 2013". Social Enterprise UK. Retrieved 20 May 2014. 
  10. ^ "Living Wage employers". Living Wage Foundation. Retrieved 5 June 2014. 
  11. ^ Rebecca, Horsley. "The Phone Co-op partners with Community Network". Charity Digital News. Retrieved 5 June 2014. 
  12. ^ Beth, Brooks. "Co-op Group launches pay-as-you-go mobile SIM". The Grocer. Retrieved 5 June 2014. 
  13. ^ Luke, Westaway (7 April 2014). "Co-op pay as you go SIM out this month". CNET. Retrieved 20 May 2014. 
  14. ^ "Phone Co-op acquires Namesco broadband services". Telecompaper.com (Telecom.paper BV). 5 June 2014. Retrieved 9 June 2014. 
  15. ^ Ravenscroft, Fiona. "Fairphone: a review". The Phone Co-op blog. Retrieved 9 September 2014. 

External links[edit]