Telecom Plus

Telecom Plus PLC

File:Telecompluslogo.PNG
Company type	Public
Traded as	LSE: TEP
ISIN	GB0008794710
Industry	Public utility
Founded	1996
Headquarters	London, England, UK
Key people	Charles Wigoder,(Executive Chairman) Andrew Lindsay (CEO)
Products	Landline telephony, mobile telephony, broadband, gas, electricity.
Revenue	£601.5 million (2013)
Operating income	£31.3 million (2013)
Net income	£27.1 million (2013)
Number of employees	650 (2013)
Website	Utility 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.

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.

See also

• List of companies based in London

External links

• Utility Warehouse website