Broadband challenger Telecom Plus looks set to take on the big boys Telecoms Telecom Plus grew its customer base by 14 per cent in the full year 2024, surpassing one million customers in the fourth quarter.
Telecom Plus has no plans to slow down after signing up millionth customer Energy The FTSE 250 listed company, which provides energy, broadband, mobile and insurance services through one account, made the announcement to markets this morning.
Smartphones are the new laptops with 60 per cent of UK firms now mobile only – BT BROADBAND WOES Almost 60 per cent of business owners now rely solely on using mobile phones to run their operations, telecoms giant BT has revealed. The investigation by BT business showed more than half of entrepreneurs have embraced flexible working, and use mobiles rather than laptops or desktops. According to BT 59 per cent of British business [...]
Vodafone CEO frontrunner critical of telecoms sector January 2, 2023 Vodafone’s former non-executive director and ex-EE chief has publicly criticised the bureaucracy of European telecoms. Olaf Swantee, a Dutch businessman and key figure in the continent’s telecom sector has stated that the sector’s biggest companies are too complex and centralised. He stated that the sector needs to listen to customers. Swantee is rumoured to be [...]
Truphone sale jeopardised, founder puts in last-minute bid to buy back company December 19, 2022 A last minute bid from Alexander Straub, has jeopardized the sale of Truphone. Straub is one of the founders of Truphone. The company is a GSMA accredited global mobile network headquartered in London that operates its service internationally. It has an annual revenue of £45.62 m. Shares in the company were put up for a [...]
Liberty Global’s Andrea Salvato may be new Vodafone Chief December 19, 2022 Andrea Salvato is a contender for the top job at Vodafone according to latest reports from London’s telecom sources. Nick Read, Vodafone’s current CEO will step down at the end of the year after a financially turbulent quarter for the telecommunication giant. Beginning of December, the company had seen a 44 per cent decline in [...]
Telecom Plus shares surge as customers snap up bargain deals October 3, 2022 Telecom Plus shares surged over 20 per cent this afternoon after the utility services giant hiked full-year profit guidance after posting record customer growth during the first half of the year. The company nabbed 86,004 new customers in the six months to September, taking its total customer base to 814,684 and representing an annualised growth rate of [...]
Lockdown restrictions drive profit dip at Telecom Plus June 18, 2021 Telecom Plus reported an annual fall in revenue and profit this morning, as lockdown activity delayed the company’s ability to trade at pre-Covid levels. The company, which trades as Utility Warehouse and provides mobile, gas, electricity, landline and broadband services, saw revenue of £861.2m, down from £875.8m the year before. Its profit before tax for [...]
Telecom Plus profits rise as new customers sign up June 18, 2019 Telecom Plus reported an annual profit jump in its full-year results this morning following an influx of new customers. The company, which trades as Utility Warehouse and provides mobile, gas, electricity, landline and broadband services, said customer numbers for the year grew by four per cent to 635,039, compared to a 0.5 per cent rise [...]
Customer growth continues for Telecom Plus October 10, 2014 Telecom plus has reported continued growth for the half year to 30 September, with performance in line with expectations for the year. In a trading statement released today, the British utility supplier said its customer and service numbers were up by 13 and 14 per cent, respectively. Second quarter growth followed on from [...]