Telecom Plus tumbles to 10-year low on strategic plan

Shares in Utility Warehouse owner Telecom Plus (LON:TEP) tumbled to a 10-year low after the group unveiled a new strategic plan. The firm aims to double multi-service subscriber numbers by FY31, but heavy investment means earnings will fall sharply this year. Major investment required Telecom Plus unveiled an ambitious plan to double its multi-service subscribers … Continue reading Telecom Plus tumbles to 10-year low on strategic plan