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Telecom Plus Backs Annual Expectations Amidst Firm Trading, Acquisitions

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Telecom Plus PLC (TEP.L), a British platform to provide subscription-based essential household services, said on Wednesday that its trading has remained in a good position and is on track to meet its medium-term target of 2 million customers and beyond.

"We reiterate our previous FY26 financial guidance, and as a result of the acquisition of the additional customers from TalkTalk, we now expect total customer numbers to increase by around 25%," the company said.

As announced on June 24, for fiscal 2026, Telecom Plus still expects adjusted pre-tax profit of GBP 132 million to GBP 138 million. The company also anticipates delivering total customer growth of around 15% with continuing low double-digit organic customer growth.

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