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Peoples Operator (The)

16:57 on 17/11/2017

Current Price 0.85p | Bid 0.85p | Ask 0.95p | Change 0.00%

Company Overview

The People's Operator plc is a commercial mobile virtual network operator based in the United Kingdom (which is also its main country of operation) that currently offers pay monthly/post-pay or pay-as-you-go/prepaid mobile contracts to its customers. Subscribers are enabled to direct 10 per cent. of their monthly bill to a cause of their choosing at no cost to themselves, and The TPO Foundation, an independent charitable foundation, will receive 25 per cent of TPO's UK trading profits. A similar structure is proposed to be adopted in other countries as TPO expands globally, commencing in Spring 2015 by launching in the United States (subject to TPO having received the relevant US regulatory licenses). TPO believes that its subscriber acquisition model, through viral networking and online communities, means that subscribers can be acquired at a lower cost per user than the market norm and retained for longer than the market average through a strong attachment to their chosen causes, whilst achieving a market average revenue per subscriber. Operationally, as an MVNO, the Group intends to maintain a comparatively low central cost base relative to traditional mobile network operators along with a low incremental cost as its activities and customer base grows.

Stock Details

Shares in Issue 77,099,059
Market cap £ 13.11m
Sector Mobile Telecommunications
Indices FTSE AIM All-Share Index

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Price Summary

Mid Price ? 0.90p
Bid Price ? 0.85p
Ask Price ? 0.95p
Volume ? 0
Change Today 0.00p
% Change Today 0.00%
Open 0.00p
Previous Close 0.90p
Intraday High 0.00p
Intraday Low 0.00p
52 Week High 135.00p
52 Week Low 14.00p

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