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Showing posts with label Telecom Plus. Show all posts
Showing posts with label Telecom Plus. Show all posts

Wednesday, 20 November 2013

Npower sells 770,000 customer supply accounts.

Telecom Plus (Utility Warehouse) made the BBC news. Basically they are buying part of N Power so they can both have 4 separate tariffs instead of sharing 4 under new government / Ofgem legislation. 

Shares are up 16%, Shame the broadband offering is still pants though.


Where they stand in Energy. 

How many customers?

  • British Gas: 15.6m
  • SSE: 8.6m
  • Eon: 8m
  • Scottish Power: 5.6m
  • EDF: 5.4m
  • Npower: 4.7m
  • Telecom Plus: 1.2m

I'm fairly sure they are one of TalkTalk Businesses biggest PSTN and residential broadband resellers as well. 

Not sure how their MVNO business holds up. I don't think it'll hold a candle to Virgin, GiffGaff, Tesco mobile though. 

http://www.bbc.co.uk/news/business-25014316