Telecom Plus PLC is a provider of landline, broadband, mobile, and gas and electricity services in the United Kingdom. The company was founded in 1996 and is headquartered in London, England. As of May 2015, Telecom Plus had a market capitalization of £1.6 billion.
The share price of Telecom Plus has been on a roller coaster ride over the past year. In May 2014, the shares were trading at around £7.50 but by October they had fallen to just £4.60. A recovery then took place and by February 2015 the shares were back up to £7.
Telecom Plus PLC is a British provider of gas, electricity, broadband, and phone services. The company was founded in 1996 and has its headquarters in London. Telecom Plus is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
The company offers a variety of services including pay monthly mobile plans, landline calls, broadband packages, and energy tariffs. In addition to these services, Telecom Plus also provides cashback on certain purchases made through the company’s website.
The share price of Telecom Plus has been volatile in recent years but has trended upwards since 2016.
The current share price is 647p which represents a market capitalisation of approximately £2 billion.
Telecom Plus Share Price History
In October 2013, Telecom Plus PLC (TEP) became the first UK telecommunications company to be admitted to trading on the London Stock Exchange. TEP is a leading provider of fixed line, mobile, broadband and TV services to residential and small business customers in the United Kingdom. The Company operates its own national network infrastructure and has over two million customers.
The Company was founded in 1996 and is headquartered in London, England. TEP’s share price history can be found below:
1997 – 2000: TEP’s shares were not traded on any stock exchange during this period.
2001 – 2006: TEP’s shares were traded on the Alternative Investment Market (AIM) of the London Stock Exchange. The Company’s ticker symbol was “TPL”. The closing price on December 31, 2006 was £1.15 per share.
2007 – 2009: TEP’s shares were transferred to the main market of the London Stock Exchange and trade under the ticker symbol “TEP”. The closing price on December 31, 2009 was £3.00 per share.
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What is the Current Telecom Plus Share Price
The current Telecom Plus share price is £10.50. This is a decrease of 0.50% from the previous close of £10.58.
How Has the Telecom Plus Share Price Performed Over Time
Telecom Plus PLC is a holding company, which engages in the provision of telecommunications and energy services. It operates through the following segments: Fixed landline, Mobile, Energy, Internet and Pay TV. The company was founded by Charles Wigoder and Andrew Perloff in 1996 and is headquartered in London, United Kingdom.
Telecom Plus has seen its share price increase significantly over the past few years. In fact, since 2013 the shares have more than quadrupled in value! This incredible run has been driven by a number of factors including strong operational performance, an attractive dividend yield and a growing customer base.
Looking ahead, Telecom Plus appears well positioned to continue delivering shareholder value. The company is investing heavily in its fibre network which will help it to drive growth in the future. Additionally, with the UK government recently announcing plans to roll out full fibre broadband across the country, Telecom Plus is well placed to benefit from this initiative.
What Factors Could Affect the Future Telecom Plus Share Price
Telecom Plus PLC is a United Kingdom-based company, which provides landline, mobile and broadband services to residential and business customers. The Company’s segments include Landlines, Mobiles, Broadband and Other. Landlines segment provides analogue and digital landline telephone services to residential and business customers in the United Kingdom.
Mobile segment provides mobile voice and data services to residential and business customers in the United Kingdom. Broadband segment provides fixed line broadband Internet access services to residential and business customers in the United Kingdom. Other includes electricity, gas and other related products.
It offers its services under three brand names: Utility Warehouse Discount Club, Telecom Plus Mobile and The Phone Co-op.
Telecom Plus PLC – Telecom Plus Online
Conclusion
Telecom Plus, the UK’s largest provider of landline, broadband and mobile services to business customers, has announced its share price for the year. The company’s shares are up 3.8% to £10.20, meaning that Telecom Plus is now worth £2.4 billion. This is good news for investors, as it means that the company’s stock is now worth more than double what it was worth just two years ago.
