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About Telecom plus
PLC
About Telecom plus PLC
(The Utility Warehouse)
 Trading as the Utility
Warehouse, Telecom plus PLC provides a range of essential services to
households and small businesses, giving customers the convenience of a single
monthly bill and substantial savings on the cost of their utilities. Services
include: gas, electricity, home and office telephone, internet telephony
services, an innovative CashBack card, broadband (wireless and ADSL) and a
range of mobile phone tariffs.
Since incorporation in 1997, Telecom
plus has grown from just an idea into a company now supplying in excess
of 300,000 customers with a combined 1,044,516 services. Telecom plus
PLC group turnover for the year ended 31st March 2010 was £369.1m, with a
pre-tax profit of £18.2m. With a consistent track-record of profit and
growth, this British network marketing success story has been achieved by
word-of-mouth referral marketing, via a network of around 35,000 Independent
Distributors.
Telecom plus is a British PLC, promoted to the FTSE
250 in December 2008 and named Company of the Year at the PLC Awards in 2009
(sponsored by PricewaterhouseCoopers LLP and in association with The London
Stock Exchange). Since gaining a full listing on the London Stock Exchange in
2000, the Company's shares (TEP)
have shown considerable growth and become one of the UK's most traded
companies. Would you like to
register
for further information?
The Utility Warehouse
(Telecom plus Plc) - Board & Management
"Utility Warehouse Distributors enjoy a
business partnership with one of the UK's most highly respected and dynamic
management teams, whose executives are leaders in the fields of
telecommunications, finance, information technology, operations and customer
care. This corporate management team, headed by Chief Executive, The Hon.
Charles Wigoder and the Company's Board of Directors, has been key to the
phenomenal growth of the company since 1998."
Jez
Tromans
Independent Marketing Director
Utility Warehouse Discount
Club
"Charles qualified as a Chartered Accountant with KPMG in 1984 and
was subsequently employed by Kleineort Securities as an investment analyst in
the media and communication sectors. Between 1985 and 1988, he was head of
corporate finance and development at Carlton Communications Plc and then
Quadrant Group Plc. In March 1988, he left Quadrant Group to set up The
People's Phone Company Plc, which was then purchased by Vodafone in December
1996. Charles joined Telecom plus Plc in February 1998."
Charles
Wigoder, Chief Executive, Telecom plus.PLC
(Report & Accounts,
31st March 2010)
Telecom plus Plc - Report
& Accounts, year ended 31st March 2010
- Turnover up 32.6% to
£369.1m (2009: £278.3m)
- Pre-tax profits of
£18.2m (2009: £22.5m)
- 9% increase in average
revenue per customer
- Earnings per share for the
year were 19.7p (2009: 24.2p)
- 24.4% increase in number of
services provided to 1,044,516 (2009: 839,641)
- Number of Independent
Distributors up 29% to 35,000 (2009: 27,100)
- 33% increase in Business
Club membership 21,523 (2009: 16,163)
- Distributor commission
increased by £1.3m to £13m (2009: £11.7m) [read
more]
PLC Company of the Year 2008
- Telecom plus PLC
At the Annual PLC Awards Dinner, held at the
Grosvenor House Hotel, London on the 12th March 2009 Telecom plus Plc was
recognised as the PLC Company of the Year 2008.
"The winner of this
award will be a company that has clearly demonstrated that success is not just
a short term phenomenon. The winning company will undoubtedly be successful in
share price terms, but with full realisation that share price is but one method
of measurement. It will be professionally managed, of course; its long term
strategy will be intact, and its growth and development to date will have been
soundly financed as befits a conservatively run growth business."
The
PLC Awards
Sponsored by PricewaterhouseCoopers
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When I ran my car-cleaning business, I never imagined that I would
find a home-based opportunity where even part-time, a company would give me a
free Mini One car! [
