Telecom Plus boosts dividend
Utility services company Telecom Plus has announced plans to increase its dividend for the year by 13 per cent to 35p per share following an impressive trading statement. The company, which trades as Utility Warehouse, said the number of customers increased from 449,502 to over 513,000 representing a year on year growth of 14 per cent. The number of services it provides to residential users increased by 300,000 during the same time.