Telecom
plus PLC was incorporated in 1996 and began operations in 1997, providing a unique range of low cost telephony services to householders and small to medium-sized businesses, a market that until then had not generally benefited from the discounts or special offers available from the large telecoms suppliers. The company’s shares have been traded on the London Stock Exchange since June 1997.
Telecom
plus was the first company from outside the Energy Industry to receive a full licence from Ofgem to supply gas and electricity to the domestic market. A huge endorsement of the systems, management and financial strength of the business.
In 2002 Telecom
plus launched the Utility Warehouse, an exciting new brand to encompass all its great value services. In 2003, this became the Utility Warehouse Discount Club.
Through the Utility Warehouse Discount Club, Telecom
plus supply customers with essential services used by virtually everyone, so the opportunity for growth is almost unlimited.
The Company's objective is to save their customers money by giving them significantly better value on services they were previously receiving from monopoly suppliers like BT, British Gas and the regional electricity companies. Telecom
plus use the collective buying power of lots of individual small users to negotiate bulk-buying deals with major suppliers, passing the benefit back to their customers.
Currently there is an opportunity to make money simply by recommending to potential customers a way of saving money on their telephone bills, internet access, mobile phone bills, gas usage and electricity usage – saving money on services they are already using. In the future, Telecom
plus intend to offer their customers savings on other essential services.
The UK market for these services is worth over £17 billion per annum, so the opportunity is truly enormous. By concentrating on a range of essential services used by virtually everyone, the opportunity for growth is almost unlimited. And by combining this strategy with the immensely successful strategy of personal recommendation, Telecom
plus has created one of the UK’s most exciting business opportunities. The opportunity exists to build a substantial and growing income over the coming years, working with an ethical British company that is revolutionising the way people pay for their essential services.
Timing is everything – and the time is now! A few years ago, deregulation had not occurred; in a few years time itwill be an old story. Deregulation means that customers can now choose an alternative to the old monopoly suppliers for many of their services, and with this is an opportunity to be in at the beginning of this change.
Labels: company-information
posted by Jeremy Tromans at 8/11/2006 04:05:00 PM