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 [...]
Strong outlook stokes shares of Telecom Plus May 21, 2014 TELECOM Plus, the utility services company, led the FTSE 250 risers yesterday after saying it remains comfortable with market expectations for a 50 per cent jump in its profits this year. The company also reported a 25 per cent rise in adjusted profit to £44.6m for the year to 31 March with revenues lifting 9.5 [...]
Customers choosing extra home services boosting Telecom Plus October 8, 2013 TELECOM Plus, the FTSE 250 utility supplier that trades under the Utility Warehouse brand, saw its stock price soar yesterday as it reported strong growth in its half year ending 30 September, accelerated by customer numbers increasing 17 per cent in its second quarter. Telecom Plus’ second quarter was boosted by 55 per cent of [...]