Telecom Plus Utility Warehouse was founded in the UK in 1996 and operates as a multi-level-marketing or network marketing business.
Telecom Plus plc is the United Kingdoms only fully integrated provider of a wide range of utility services that spans the telecommunications and energy markets.
Telecom Plus PLC is listed on the London Stock Exchange under the ticker of TEP LN, and is listed in the FTSE 250.
The first product uwclub launched in 1997, was a low cost call routing ‘Smart Box’, which was a gadget that plugged into the BT phone socket and then routed the calls to alternative networks at a cheaper rate than British Telecom. Now Telecom plus broadband services are standard.
Telecom plus plc operate a discount plan for shareholders.
The discount plan works to give shareholders a credit equal to ten per cent of the total spend with the utility warehouse discount club that year each December.
This is subject to certain conditions; principally that you held a qualifying balance of shares in the company on 1st January of that year, and still hold them.
Telecom plus utility warehouse video
The head office of telecom plus utility warehouse is based in Colindale, North London and all of their operations, plus their call centre, are based there.
The sales model is network marketing or multi level marketing that is conducted via the Telecom plus Utility Warehouse Discount Club plus the telecom plus distributor MLM network.
Because of this some people say a utility warehouse scam is being carried out.
I personally don’t think so and say so in my telecom plus utility warehouse review.
As of the 1st of may 2012 the Telecom Plus Utility Warehouse company directors were:
Name: The Hon. Charles Wigoder: Position: Executive Chairman:
Charles qualified as a Chartered Accountant with KPMG in 1984 and was subsequently employed by Kleinwort Securities as an investment analyst in the media and communication sectors. Between 1985 and 1988, he was head of corporate finance and development at Carlton Communications PLC and then Quadrant Group PLC. In March 1988 he left Quadrant Group to set up The Peoples Phone Company PLC, which was subsequently purchased by Vodafone in December 1996. He joined in February 1998.
Name: Andrew Lindsay MBE: Position: Chief Executive Officer:
Andrew joined the Company in April 2007 and was appointed to the Board in November 2008. Before joining the company, Andrew was MD of Ryness, an electrical Retail chain based in London in which he has a significant equity stake after performing a Management Buyout in 2006. Prior to buying Ryness, he spent three years as an analyst in the UK Mergers & Acquisitions team at Goldman Sachs. Andrew rowed for Great Britain at the Sydney Olympic Games in 2000, where he won a Gold medal.
Name: Chris Houghton: Position: Finance Director:
Chris qualified as a Chartered Accountant with Price Waterhouse Coopers in 2003. Whilst there he gained experience in both their Consumer Products team plus their Telecoms, Information, Communications, Entertainment and Energy team. Subsequently, he worked within the Corporate Finance department, where he completed a two-year secondment at The Takeover Panel. He joined the Telecom plus Company in September 2008 and was appointed in February 2009.
Name: Julian Schild: Position: Deputy Chairman and Senior Non-Executive Director:
Julian qualified as a Chartered Accountant in 1986. He joined Huntleigh Technology PLC in 1987 and was promoted to GFD that year, and to Chairman in 2003.
Julian was Chairman of the Association of British Healthcare Industries from 2006 to 2007.
Following the sale of Huntleigh in 2007, he set up a company investing in start-ups. Julian actively supports many charitable activities.
He is a Director of the Hospital of St. John & Elizabeth in London plus the English Concert and is an Advisory Fellow of Pembroke College, Oxford.
Julian joined in May 2010 as an independent non-executive and meets the test of independence under section A.3.1 of the Combined Code.
Name: Melvin Lawson: Position: Non-Executive Director:
Melvin is the MD of A Beckman PLC, a company formerly listed on the London Stock Exchange which was taken private in 1995. He has interests in a wide range of investments and is a director of Catalyst Media Group PLC plus a number of other companies. He joined telecom plus in September 2006 and meets the test of independence under section A.3.1 of the Combined Code.
Name: Michael Pavia: Position:Non-Executive Director:
Michael is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), and has significant experience of the energy industry, having served on the Boards of LASMO, SEEBOARD and London Electricity. He is currently a non-executive of Thames Water and Salamander Energy PLC, and is a member of the Council of the ICAEW. He joined in December 2006 as an independent non-executive and meets the test of independence under section A.3.1 of the Combined Code.
Telecom plus utility warehouse clubhouse is the gateway page for telecom plus plc services, promotions, utility warehouse videos plus customer support.
They also operate an extranet site for Telecom Plus share price and utility warehouse distributors .