ONE TO WATCH: Telecom Plus

By Lesley Duncan
of Standard Life
AS ECONOMIC conditions continue to deteriorate, household spending is increasingly being squeezed by higher mortgage, food and energy prices. However, one company which is set to benefit is Telecom Plus.
Telecom Plus

330.5p -1.5p

Scotsman says BUY

Telecom Plus has been providing low-cost utilities to home and businesses across the UK for more than ten years. Its aim is to save customers money and provide better value on s
services compared to the recognised utility providers. It does not advertise nor have a high street presence. Telecom Plus relies on word-of-mouth recommendation from satisfied customers and from a network of independent distributors.

Currently, Telecom Plus serves only 0.8 per cent of UK households, but we believe that the addressable market offers a huge opportunity for revenues and profits for many years to come.

So how do the current economic challenges affecting the consumer benefit both Telecom Plus and their customers?

First of all, people looking for additional income to relieve pressure on their household budget are increasingly attracted to the opportunity of becoming a distributor for Telecom Plus in their spare time. Hence Telecom Plus has seen a significant increase in the number of new distributors signing up. Secondly, Which? magazine described the Telecom Plus "Utility Warehouse" package as a breath of fresh air compared with the bad press that big utilities attract from their high-pressure sales tactics. Finally, Telecom Plus is the only provider of combined telecom and utility services in the UK which means that the level of customer churn is very low at less than 2 per cent per month.

We believe it offers a very exciting opportunity for investors.

If want to be with the UKs Best Utility Supplier call Juswant Rai right now on 07917 105134 or email him on juswant.rai@gmail.com

http://www.extrapaynow.com