Telecom Plus
Encyclopedia
Telecom Plus PLC is a multi-utility
supplier based in the United Kingdom. It is listed on the London Stock Exchange
.
network), broadband, gas and electricity (the company is licensed by OFGEM), and a CashBack card (a pre-paid Mastercard).
To date, the business has grown to over 375,000 domestic and small-business customers, around 30,000 of whom are also Distributors, signing up new customers under a Multi-level marketing
scheme in return for a residual income.
In March 2009 the Company was awarded the prestigious title of "Company of the Year" at the Quoted Company Awards annual dinner.
In February 2011, Which? magazine named the Utility Warehouse as the UK's 'Best Energy Supplier' for the third year in a row. It also names the company Recommended Provider for Home Phone. Which? named the Utility Warehouse 'Recommended Provider' for Broadband in September 2010, and awarded it a 'Best Buy' for Home Phone and Broadband in Dec 2008, Feb 2010 (renewed in August 2010).
Public utility
A public utility is an organization that maintains the infrastructure for a public service . Public utilities are subject to forms of public control and regulation ranging from local community-based groups to state-wide government monopolies...
supplier based in the United Kingdom. It is listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
.
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. Since then, the company has added to its portfolio: a full landline telephony service, mobile telephony (piggybacked on the T-MobileT-Mobile
T-Mobile International AG is a German-based holding company for Deutsche Telekom AG's various mobile communications subsidiaries outside Germany. Based in Bonn, Germany, its subsidiaries operate GSM and UMTS-based cellular networks in Europe, the United States, Puerto Rico and the US Virgin Islands...
network), broadband, gas and electricity (the company is licensed by OFGEM), and a CashBack card (a pre-paid Mastercard).
To date, the business has grown to over 375,000 domestic and small-business customers, around 30,000 of whom are also Distributors, signing up new customers under a Multi-level marketing
Multi-level marketing
Multi-level marketing is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of others they recruit, creating a downline of distributors and a hierarchy of multiple levels of compensation...
scheme in return for a residual income.
In March 2009 the Company was awarded the prestigious title of "Company of the Year" at the Quoted Company Awards annual dinner.
In February 2011, Which? magazine named the Utility Warehouse as the UK's 'Best Energy Supplier' for the third year in a row. It also names the company Recommended Provider for Home Phone. Which? named the Utility Warehouse 'Recommended Provider' for Broadband in September 2010, and awarded it a 'Best Buy' for Home Phone and Broadband in Dec 2008, Feb 2010 (renewed in August 2010).