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861.00    28.00 (3.36%)
Bid:
862.00
Ask:
864.00
Spread: 2.00 (0.232%)
Market Cap: £679.01m
TEP Live PriceLast checked at - London Stock Exchange

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Telecom Plus offloads two non-core businesses

Fri, 01st Apr 2022 07:31

(Sharecast News) - Utility services group Telecom Plus said it had sold two non-core business as it refocuses operations.

The company on Friday offloaded its wholly-owned meter operator, UW Home Services its 75%-owned boiler installation business, comprising Glow Green Ltd and Cofield Ltd.

Neither disposal is expected to have a significant impact on group profits in 2022 or on an ongoing basis, it added.

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