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Based in the UK, Telecom Plus PLC (TEP) is a multi-utility supplier. It provides various electricity, gas, landline, broadband and mobile services to residential and small business customers all across the country. The company is known to have two main business activities: Utility Warehouse and Telecommunications Management Limited. It also employs a multi-level marketing model to recruit both customers and distributors. The company's segments include Customer Management and Customer Acquisition. The Customer Management segment is involved in the supply of mobile telephony, internet, fixed telephony, electricity, and gas services to residential and small business clients. The Customer Acquisition segment includes the sale of marketing materials, and sales of equipment, including mobile phone handsets and wireless internet routers. The Telecom Plus share price is listed on the London Stock Exchange and included in the FTSE 250 Index
To view details about the TEP share price, follow Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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