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Telecom Plus

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Telecom Plus PLC
Company typePublic
LSETEP
ISINGB0008794710 Edit this on Wikidata
IndustryPublic utility
Founded1996
HeadquartersLondon, England, UK
Key people
Charles Wigoder,(Executive Chairman)
Andrew Lindsay (CEO)
ProductsLandline telephony, mobile telephony, broadband, gas, electricity.
Revenue£471.5 million (2012)[1]
£28.2 million (2012)[1]
£23.5 million (2012)[1]
Number of employees
650 (2013)
WebsiteUtility Warehouse

Telecom Plus PLC is a multi-utility supplier based in the United Kingdom. It is listed on the London Stock Exchange. Trading as the Utility Warehouse Discount Club, it supplies over 450,000 customers in the UK, working with 40,000 independent distributors, who gather new customers by word-of-mouth recommendation.

The company supplies gas, electricity, landline, broadband and mobile services to residential and business customers.

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.[2]

Operations

Trading as The Utility Warehouse, Telecom Plus has no shops and does not advertise on television or in the national press. The entire operation (including call centres) is based in North London, with around 650 staff. The company operates a full landline telephony service, mobile telephony (piggybacked on the T-Mobile & Orange UK network), broadband, gas and electricity (the company is licensed by OFGEM), and a CashBack card (a pre-paid MasterCard). Telecom Plus Plc currently has a 20% share in UK business power supplier Opus Energy.[3]

See also

References

  1. ^ a b c Preliminary Results 2012
  2. ^ Sunday Times Rich List
  3. ^ "2011 Top Track 250". Retrieved 5 March 2012.