A question for you - what does Telecom
plus PLC have in common with Alliance & Leicester, Carphone Warehouse, Debenhams, EasyJet, Dominos Pizza, Ladbrokes, Mothercare, UK Coal, ITV and the Yell Group? Do you give up? The answer - as of today, like all of these (& 239 other) high-profile Company's, Telecom
plus PLC has officially joined the FTSE 250! read more
Even with minimal market cap knowledge, no one would argue that this puts Telecom
plus amongst some heavy weight company's, within an elite group that ranks 101st to 350th of largest companies on the London Stock Exchange, all with a combined market capitalisation of £161 billion (at the last count).
Interestingly, over that last 10 days, situations have arisen where potential new distributors have passed up the opportunity to join Telecom
plus because they were either negatively influenced, stuck in their ways or simply ill-informed. One bought into fabricated spin from a well-known forum, another felt that we were an illegal pyramid scam and just last week a chap told me that his Dad had never heard of Telecom
plus PLC and that he should 'keep safe' with his job of 20 years at Halfords. Yesterday, he and his Dad were made redundant!
It's time to stop being apologetic and defensive, to step-up and be 100% proud of what we are all a part of - an FTSE 250 Stock Market quoted major PLC, with a current market capitalisation of £230m. The Company has a new £9m 42,000 sq ft head office, with award winning customer service teams. Revenues are up by 25%, profit before tax is up by 55% and earnings per share are up 64%, and all of this during the UK's worst economic downturn in living history.
Labels: corporate-news
posted by Jeremy Tromans at 12/11/2008 09:48:00 AM
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