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Sunday, 9 December 2012

Telecom Plus (TEP) - Buy

Utility providers are coming under fire as the government tries to reign in the varied charging structures and tariffs.

According to the Telecom Plus chief executive, Andrew Lindsay, this will play into the hands of his company, which trades

under the name of Utility Warehouse. He sees the changes as spelling the end of low-priced introductory offers from the big

energy operators which compete with his product. As things stand, Telecom Plus has just 1.5 per cent of the UKs home phone,

mobiles, broadband, gas and electricity market, with around 438,000 customers.

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