← Home
Sign up for free to get access to the best public company valuation and insights. Get started today and unlock the potential of your investments!
Sign up free
Telecom Plus
+4.04%
Energy / Utilities and telecommunications services
At a Glance | Core Facts | Company Due Diligence | Industry Due Diligence | Competitors | Stock Swings | News | Income | Balance | Cash Flow | Growth | Enterprise | Ratios | Metrics | Dividends | Risks | SWOT | Porter's Five Forces | PEST | Score Positive | Clusters | Reports | WebOverview
Telecom Plus is a British multi-utility company that provides a wide range of services to residential and business customers. Founded in 1996, the company operates under the brand name Utility Warehouse and offers gas, electricity, landline, broadband, and mobile services, as well as home insurance and smart meters.
The company is known for its unique business model, where it operates as a network marketing company, allowing its customers to become independent distributors and earn income by referring others to use Telecom Plus services.
Telecom Plus is also committed to sustainability, offering green energy options to customers and investing in renewable energy projects.
Telecom Plus has been listed on the London Stock Exchange since 2000 and is currently a member of the FTSE 250 Index. The company has won numerous awards for its customer service and has a customer base of over 600,000 households and businesses in the UK.
The company is known for its unique business model, where it operates as a network marketing company, allowing its customers to become independent distributors and earn income by referring others to use Telecom Plus services.
Telecom Plus is also committed to sustainability, offering green energy options to customers and investing in renewable energy projects.
Telecom Plus has been listed on the London Stock Exchange since 2000 and is currently a member of the FTSE 250 Index. The company has won numerous awards for its customer service and has a customer base of over 600,000 households and businesses in the UK.
What is special about the company?
There are a few factors that make Telecom Plus stand out as a company:
1. Unique business model: Telecom Plus operates on a network marketing business model, which means that independent distributors can earn income by selling Telecom Plus products and services to customers and building their own teams of distributors. This allows for a more personal and efficient sales approach, as well as the potential for passive income.
2. Diversified product offerings: Telecom Plus offers a wide range of services including mobile, home phone, broadband, gas, electricity, and insurance. This allows customers to easily bundle their services and save money, as well as providing multiple streams of revenue for the company.
3. Strong customer focus: Telecom Plus is known for its strong customer focus and commitment to providing high-quality services. The company has won multiple awards for its customer service, and its focus on customer satisfaction has helped it retain a loyal customer base.
4. Commitment to sustainability: Telecom Plus is committed to reducing its environmental impact by promoting energy efficiency and sustainable practices. The company also offers renewable energy options for its customers and has invested in renewable energy generation projects.
5. Financial stability: Telecom Plus has a strong financial track record, with steady growth in revenue and profits. This provides a sense of security for customers and investors, as well as a solid foundation for the company's future growth.
Overall, Telecom Plus stands out as a company that is innovative, customer-focused, and socially responsible, making it a strong competitor in the telecom and utilities industry.
1. Unique business model: Telecom Plus operates on a network marketing business model, which means that independent distributors can earn income by selling Telecom Plus products and services to customers and building their own teams of distributors. This allows for a more personal and efficient sales approach, as well as the potential for passive income.
2. Diversified product offerings: Telecom Plus offers a wide range of services including mobile, home phone, broadband, gas, electricity, and insurance. This allows customers to easily bundle their services and save money, as well as providing multiple streams of revenue for the company.
3. Strong customer focus: Telecom Plus is known for its strong customer focus and commitment to providing high-quality services. The company has won multiple awards for its customer service, and its focus on customer satisfaction has helped it retain a loyal customer base.
4. Commitment to sustainability: Telecom Plus is committed to reducing its environmental impact by promoting energy efficiency and sustainable practices. The company also offers renewable energy options for its customers and has invested in renewable energy generation projects.
5. Financial stability: Telecom Plus has a strong financial track record, with steady growth in revenue and profits. This provides a sense of security for customers and investors, as well as a solid foundation for the company's future growth.
Overall, Telecom Plus stands out as a company that is innovative, customer-focused, and socially responsible, making it a strong competitor in the telecom and utilities industry.
What the company's business model?
Telecom Plus is a multi-utility company that operates in the United Kingdom, providing gas, electricity, fixed-line telecommunication, and broadband services to residential and business customers. The company's business model is based on a multi-level marketing (MLM) approach, where independent representatives called "Utility Warehouse Distributors" (UWDs) sell telecom and energy services to customers and earn a commission for each sale.
The company's primary growth strategy is through word-of-mouth referrals from UWDs, who are incentivized to recruit more customers and new UWDs to the company. Telecom Plus also partners with various organizations, such as charities, unions, and other businesses, to offer discounted services to their members and employees, further expanding its customer base.
Telecom Plus differentiates itself from traditional utility companies by offering all its services on a single monthly bill, a potential savings for customers. The company also emphasizes customer service and competitive pricing as part of its business model. Additionally, Telecom Plus has invested in its own network infrastructure, allowing it to provide competitive rates and reliable services to its customers.
The company's primary growth strategy is through word-of-mouth referrals from UWDs, who are incentivized to recruit more customers and new UWDs to the company. Telecom Plus also partners with various organizations, such as charities, unions, and other businesses, to offer discounted services to their members and employees, further expanding its customer base.
Telecom Plus differentiates itself from traditional utility companies by offering all its services on a single monthly bill, a potential savings for customers. The company also emphasizes customer service and competitive pricing as part of its business model. Additionally, Telecom Plus has invested in its own network infrastructure, allowing it to provide competitive rates and reliable services to its customers.
Interesting facts about the company
1. Telecom Plus is a multi-utility company that provides a range of services, including gas, electricity, landline, broadband, and mobile phone services. It is also involved in the supply of insurance and home security services.
2. The company was founded in 1996 by Charles Wigoder and Keith Hamill, two former executives of Dixons Group.
3. Telecom Plus is headquartered in North London, UK, and has operations across the country.
4. The company’s business model is based on a network marketing approach, where independent distributors sell the company’s services on a commission basis.
5. Telecom Plus operates under two main brands: Utility Warehouse for its utility services and the European-based brand, Telecommunications Management Limited (TML), for its mobile phone services.
6. Telecom Plus is listed on the London Stock Exchange and is a member of the FTSE 250 Index.
7. In 2018, the company became the first British utility supplier to introduce zero carbon electricity to its customers.
8. Telecom Plus has won multiple awards for its service and innovation, including being named “Utility Supplier of the Year” by MoneySavingExpert.com for ten consecutive years.
9. In addition to providing services to households, Telecom Plus also serves small and medium-sized businesses.
10. As of 2021, the company has over 650,000 customers, generating over £1 billion in annual revenue.
See Company Due Diligence:
2. The company was founded in 1996 by Charles Wigoder and Keith Hamill, two former executives of Dixons Group.
3. Telecom Plus is headquartered in North London, UK, and has operations across the country.
4. The company’s business model is based on a network marketing approach, where independent distributors sell the company’s services on a commission basis.
5. Telecom Plus operates under two main brands: Utility Warehouse for its utility services and the European-based brand, Telecommunications Management Limited (TML), for its mobile phone services.
6. Telecom Plus is listed on the London Stock Exchange and is a member of the FTSE 250 Index.
7. In 2018, the company became the first British utility supplier to introduce zero carbon electricity to its customers.
8. Telecom Plus has won multiple awards for its service and innovation, including being named “Utility Supplier of the Year” by MoneySavingExpert.com for ten consecutive years.
9. In addition to providing services to households, Telecom Plus also serves small and medium-sized businesses.
10. As of 2021, the company has over 650,000 customers, generating over £1 billion in annual revenue.
See Company Due Diligence:
Wait! There's more — sign up for free or log in