Telecom Plus

Quality 0.50 · 2 views · Updated 2 months ago

British utility company

title: "Telecom Plus" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["telecommunications-companies-of-the-united-kingdom", "companies-based-in-the-london-borough-of-barnet", "telecommunications-companies-established-in-1996", "electric-power-companies-of-the-united-kingdom", "utilities-of-the-united-kingdom", "multi-level-marketing-companies", "companies-listed-on-the-london-stock-exchange", "companies-in-the-ftse-250-index"] description: "British utility company" topic_path: "engineering" source: "https://en.wikipedia.org/wiki/Telecom_Plus" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary British utility company ::

::data[format=table title="Infobox company"]

FieldValue
nameTelecom Plus plc
logoTelecom Plus logo (2020).svg
typePublic
traded_as
foundation
locationLondon
key_peopleCharles Wigoder (Executive Chairman)
Andrew Lindsay (Co-CEO)
Stuart Burnett (Co-CEO)
industryPublic utility
productsLandline telephony, mobile telephony, broadband, gas, electricity.
revenue£1,838.2 million (2025)
operating_income£115.9 million (2025)
net_income£76.1 million (2025)
num_employees2,291 (2025)
subsid
homepage
::

| name = Telecom Plus plc | logo = Telecom Plus logo (2020).svg | type = Public | traded_as = | foundation = | location = London | key_people = Charles Wigoder (Executive Chairman) Andrew Lindsay (Co-CEO) Stuart Burnett (Co-CEO) | industry = Public utility | products = Landline telephony, mobile telephony, broadband, gas, electricity. | revenue = £1,838.2 million (2025) | operating_income = £115.9 million (2025) | net_income = £76.1 million (2025) | num_employees = 2,291 (2025) | subsid = | homepage = Telecom Plus plc is a British multi-utility supplier of gas, electricity, home insurance, and landline, broadband and mobile services to residences and businesses. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The company was founded in 1996 as a telecommunications business. Its first product, launched in 1997, was a least cost call routing 'Smart Box', a gadget that plugs into a phone socket and routes the calls to alternative networks at a cheaper rate than British Telecom.

In 2017, the company sold its 20% stake in Opus Energy to Drax Group.

In October 2023, the company had over 949,000 customers.

In December 2025, it was reported that the company was vying to take a stake in UK energy provider OVO Energy.

Key people

Andrew Lindsay, a world-class rower who was a member of the gold medallist British team at the 2000 Olympics, joined Telecom Plus in 2007. He was the chief operating officer in 2009 and was promoted to chief executive officer in July 2010. Lindsay held the CEO role jointly with Stuart Burnett from 2021, and in 2023 the company announced that Lindsay would step down at the 2024 AGM.

Operations

The company has two subsidiaries:

  • Utility Warehouse (branded as UW) operates a landline telephony service, mobile telephony (as an MVNO on the EE network), supplies broadband, gas and electricity and offers home insurance. UW also offers a pre-paid debit card which pays a "cashback" percentage on purchases (given as a credit against the monthly bill for other UW services) in return for a monthly fee. The cards are operated by Mastercard and issued by PSI-Pay Ltd, a privately held company.
  • Telecommunications Management Limited provides a landline telephony service to small and medium-sized enterprise (SME) customers, as well as operating the 1pMobile consumer MVNO.

The company uses a multi-level marketing model to recruit customers and distributors.

References

References

  1. "Annual Results 2025". Telecom Plus.
  2. "Sunday Times - Rich List". [[The Times]].
  3. (2017-02-10). "Telecom Plus sells stake in energy business to Drax Group for £71m - Agile Energy Recovery Ltd". Agileenergy.net.
  4. (11 October 2023). "Trading update and notice of results". Telecom Plus.
  5. "Utility group Telecom Plus in deal talks with energy provider Ovo".
  6. (2 July 2012). "Golden Scots: Andrew Lindsay, businessman in a boat". BBC Sport: Scotland.
  7. (31 March 2009). "Telecom Plus Plc: Report and Accounts".
  8. (31 March 2011). "Telecom Plus Plc: Report And Accounts".
  9. Jackson, Mark. (2023-11-21). "Utility Warehouse Top 363,595 UK Broadband Users and Change CEO".
  10. Macalister, Terry. (20 November 2013). "RWE npower supply sale raises fears over UK withdrawal". [[The Guardian]].
  11. "Insurance from UW".
  12. "UW Cashback Card".
  13. "PSI-Pay Ltd".
  14. "TML - About us".
  15. "1p mobile".
  16. (4 December 2009). "Utility Warehouse under the spotlight". The Guardian.

::callout[type=info title="Wikipedia Source"] This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page. ::

telecommunications-companies-of-the-united-kingdomcompanies-based-in-the-london-borough-of-barnettelecommunications-companies-established-in-1996electric-power-companies-of-the-united-kingdomutilities-of-the-united-kingdommulti-level-marketing-companiescompanies-listed-on-the-london-stock-exchangecompanies-in-the-ftse-250-index