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TEP

LSE
1,986 GBp
4
0.20%
Last update Jul 16, 4:29 PM BST
Market closed
Day range
1,972
1,998
Previous close
1,990
Open
1,972
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Telecom Plus PLC
1,986.00
4
0.20%

Overview

Description

Telecom Plus PLC is a UK-based company that operates as a multiservice utility provider. It serves residential and small business customers by offering a range of essential services, including gas, electricity, fixed-line telephony, mobile telephony, broadband, and insurance. The company's primary function is to simplify the billing process by providing these various services through a single, unified bill, thereby enhancing customer convenience and loyalty. Telecom Plus PLC, through its brand Utility Warehouse, targets households seeking to streamline their utility expenses while potentially reducing costs through bundled service offerings. Notable features of Telecom Plus PLC include its network of independent distributors, who play a crucial role in marketing and expanding its customer base by offering personal recommendations and consultations. This unique business model contrasts with traditional utility providers, positioning the company as a competitive player in the UK utilities sector. Telecom Plus PLC's approach reflects significant market relevance, appealing to consumers' growing demand for integrated service provisions, effective cost management, and trustworthy service relationships. Its presence underscores the evolving dynamics of utility services in an increasingly interconnected and competitive marketplace.

About

CEO
Mr. Stuart Burnett
Employees
2493
Address
Network HQ
508 Edgware Road The Hyde
London, NW9 5AB
Phone
44 20 8955 5000
Instrument type
Common stock
Sector
Utilities
Industry
Utilities - Diversified
Country
United Kingdom
MIC code
XLON
Market closed

Exchange is currently closed
Pre-market opens in 10 hours 20 minutes

20:54
00:00
08:00
16:30
23:59

Trading Hours (Monday - Friday):

Pre-market
07:15 - 08:00
Main market
08:00 - 16:30
Post-market
16:30 - 17:15
All times are displayed in the Europe/London timezone (BST, UTC+01:00).