Telecom Plus

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Telecom Plus plc
ISINGB0008794710 Edit this on Wikidata
IndustryPublic utility
Founded1996; 27 years ago (1996)
HeadquartersLondon, England, UK
Key people
Charles Wigoder (Executive Chairman)
Andrew Lindsay (Co-CEO)
Stuart Burnett (Co-CEO)
ProductsLandline telephony, mobile telephony, broadband, gas, electricity.
RevenueIncrease £2,475.2 million (2023)[1]
Increase £85.9 million (2023)[1]
Increase £68.2 million (2023)[1]
Number of employees
2,352 (2023)[1]
  • Telecommunications Management Limited
  • Utility Warehouse Limited Edit this at Wikidata

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.


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.[2]

In 2017 the company sold its 20% stake in Opus Energy to Drax Group.[3]

In October 2022, the company had over 800,000 customers.[4]


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[5] and offers home insurance.[6] 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.[7] The cards are operated by Mastercard and issued by PSI-Pay Ltd,[7] a privately-held company.[8]
  • Telecommunications Management Limited provides a landline telephony service to small and medium-sized enterprise (SME) customers,[9] as well as operating the 1pMobile consumer MVNO.[10]

The company uses a multi-level marketing model to recruit customers and distributors.[11]


  1. ^ a b c d "Annual Results 2023". Telecom Plus. Retrieved 27 June 2023.
  2. ^ "Sunday Times - Rich List". Archived from the original on 22 May 2011. Retrieved 3 April 2015.
  3. ^ "Telecom Plus sells stake in energy business to Drax Group for £71m - Agile Energy Recovery Ltd". 10 February 2017. Retrieved 1 March 2018.
  4. ^ Gosden, Emily (4 October 2022). "Telecom Plus sparks into life as new customers flock to its bundled deals". The Times. ISSN 0140-0460. Retrieved 4 October 2022.
  5. ^ Macalister, Terry; Jennifer Rankin (20 November 2013). "RWE npower supply sale raises fears over UK withdrawal". The Guardian. Retrieved 6 October 2014.
  6. ^ "Insurance from UW". Retrieved 10 April 2023.
  7. ^ a b "UW Cashback Card". Retrieved 10 April 2023.
  8. ^ "PSI-Pay Ltd". Companies House. Retrieved 10 April 2023.
  9. ^ "TML - About us". Retrieved 14 April 2016.
  10. ^ "1p mobile". Retrieved 1 March 2018.
  11. ^ Jones, Rupert (4 December 2009). "Utility Warehouse under the spotlight". The Guardian. Retrieved 30 June 2016.

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