TEP on London Stock Exchange

Telecom Plus

Logo: Telecom Plus, Public domain, via Wikimedia Commons4

British utility company

Telecom Plus plc is a British multi-utility supplier of gas, electricity, home insurance, and landline, broadband and mobile services to residences and businesses. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Telecom Plus trades as consumer brand Utility Warehouse.2 Its shares trade on London Stock Exchange under the symbol TEP.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1996Founded1

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  • TickerTEP on London Stock Exchange1
  • Industryenergy sector, telecommunications industry1
  • HeadquartersLondon1
  • Websitetelecomplus.co.uk
  • Legal formpublic limited company1
  • LEI549300QGHDX5UKE58G863
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressNETWORK HQ, NW9 5AB London, United Kingdom3
  • Registered withCompanies House, 032634643

Telecom Plus plc is a British multi-utility supplier of gas, electricity, home insurance, and landline, broadband and mobile services to residences and businesses. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Telecom Plus trades as consumer brand Utility Warehouse.2

Corporate structure

Telecom Plus sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

The company was founded in 1996 as a telecommunications business. Its first product, launched in 1997, was a least cost call routing 'Smart Box', a gadget that plugs into a phone socket and routes the calls to alternative networks at a cheaper rate than British Telecom.

In 2017, the company sold its 20% stake in Opus Energy to Drax Group.

In October 2023, the company had over 949,000 customers.

In December 2025, it was reported that the company was vying to take a stake in UK energy provider OVO Energy.

In June 2026, the company reported it had over 1,430,000 customers, providing 3,800,000 services to these customers. The company also reported it had over 77,000 Partners, who sign up customers to their services.

From Wikipedia’s article on Telecom Plus, shared under CC BY-SA 4.0.5

Products and brands

The company has two subsidiaries:

Utility Warehouse operates a landline telephony service, mobile telephony (as an MVNO on the EE network), supplies broadband, gas and electricity and offers home insurance. Utility Warehouse also offers a pre-paid debit card which pays a "cashback" percentage on purchases (given as a credit against the monthly bill for other Utility Warehouse services) in return for a monthly fee. The cards are operated by Mastercard and issued by PSI-Pay Ltd, a privately held company.

Telecommunications Management Limited provides a landline telephony service to small and medium-sized enterprise (SME) customers, as well as operating the 1pMobile consumer MVNO.

The company uses self-employed partners to sign-up new customers.

From Wikipedia’s article on Telecom Plus, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. 1996Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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