Telecom Plus expects higher profits for the first half

City A.M. Reporter
British utility firm Telecom Plus said this morning it expects to post higher pre-tax profit for the first half of this year as its customer count rose.

Telecom Plus, which supplies gas, electricity, fixed and mobile telecoms and broadband, said the number of customers rose 5.5 per cent to 438,146 over the half year.

It said it was confident it could meet its full-year market expectations for both earnings and dividends.

"Shareholders can expect a significant increase in our interim dividend payment," the company said this morning.