Telecom Plus

Telecom Plus PLC

Type	Public
Traded as	LSE: TEP
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	£729.2 million (2015)[1]
Operating income	£38.0 million (2015)[1]
Net income	£32.3 million (2015)[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.

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

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).^[3]
• Telecommunications Management Limited operates a full landline telephony service to small and medium-sized enterprise (SME) customers^[4]
• A 20% share in UK business power supplier Opus Energy.^[5]

See also

• List of companies based in London

References

1. "Preliminary Results 2015". Telecom Plus. Retrieved 15 April 2016.
2. "Sunday Times - Rich List". timesonline.co.uk. Archived from the original on 22 May 2011. Retrieved 3 April 2015.
3. Macalister, Terry; Jennifer Rankin (20 November 2013). "RWE npower supply sale raises fears over UK withdrawal". The Guardian. Retrieved 6 October 2014.
4. "TML - About us". Retrieved 14 April 2016.
5. "2011 Top Track 250". Retrieved 5 March 2012.

External links

• Utility Warehouse website