The Phone Co-op

The Phone Co-op Limited

Type	Consumer co-operative
Industry	Telecommunications
Founded	1998 (1998)
Headquarters	Chipping Norton, London and Manchester, United Kingdom
Area served	United Kingdom
Key people	Shelagh Young, Chair; Vivian Woodell, Founder and Chief Executive
Products	Fixed line telephony, broadband, fibre broadband, mobile telephony, telephone systems, Voice over IP (VoIP), leased line, domain names, web hosting, telephone conferencing
Revenue	£10.6 million
Operating income	£414,677 (2013) £276,036 (2012)
Net income	£554,632 (2013) 2 £424,160 (2012)
Members	10,006 (2013)
Number of employees	63
Website	thephone.coop
Footnotes / references 1. Figures rounded from 2012 Annual Report 2. UK cooperative taxation means that after tax surplus is also after distributions

The Phone Co-op, trading as The Co-operative Phone & Broadband, The Co-operative Business Telecoms and The Co-operative Mobile is a consumer co-operative in the United Kingdom, which provides fixed, mobile telephone and internet services, including web hosting and broadband. It can be considered a Telephone Co-operative.

It is 100% owned by its members, who are customers. It has over approximately 20,000 customers, spanning individuals, businesses, charities, local authorities and other co-operatives, including Amnesty International, The Big Issue, Christian Aid, Central England Co-operative Society, the Centre for Alternative Technology, Chelmsford Star Co-operative Society, The Co-operative Group, The Council of the Isles of Scilly, Manchester City Council, The Midcounties Co-operative, Triodos Bank and UNISON.

The Phone Co-op follows the widely recognised Rochdale Principles of co-operation, including the payment of a dividend to its members based on how much they spend with the co-operative during the year. The dividend is paid out of profits generated by the co-operative and for year ending 31 August 2013 was 2.5% of each member's spend.^[1] In common with many other co-operatives, The Phone Co-op seeks to operate to high ethical and environmental standards, publishing extensive non-financial data in its annual report.

Alongside organic growth, The Phone Co-op has acquired other telecommunications businesses, most notably the telecoms business of Saga Group in 2010 and the broadband business of Namesco in 2014.

It operates an affinity marketing scheme, where like minded partners receive a revenue share in return for introducing its supporters to The Phone Co-op's services. Participating organisations include New Internationalist, Positive News,^[2] The Soil Association^[3] and World Development Movement.^[4]

History

• 1998: founded as SETCO (Social Economy Telecommunications Co-operative), incorporated as a company limited by guarantee. Initially, membership of the co-operative was reserved exclusively for other co-ops and charities.

• 1999: rule change opened membership to the general public in August. SETCO renamed itself The Phone Co-op and converted into a co-operative society incorporated under the Industrial & Provident Societies Acts.

• 2008: receives the UK Government-sponsored Enterprising Solutions Award for Best Social Enterprise 2008.^[5]

• 2010: acquired the telecoms business of Saga Group, including approximately 8,000 residential customers.

• 2012: awarded the Green Award of trade body, The Federation of Communications Services, for the fourth year running.^[6]

• 2012: concluded a brand licensing agreement with Co-operative Brands Limited to use The Co-operative brand with three specific sub brands, The Co-operative Phone & Broadband, The Co-operative Business Telecoms, and The Co-operative Mobile.^[7][8]

• 2013: Finalist in Overall Social Enterprise of the Year category at the 15th Social Enterprise Awards.^[9]

• 2013: Accredited as a Living Wage Employer by the Living Wage Foundation.^[10]

• 2013: Partners with the UK charity Community Network to take over its teleconferencing platform, allowing the charity to focus on serving its clients.^[11]

• 2014: launched a Pay As You Go (PAYG) SIM card in conjunction with The Co-operative Group,^[12] to compliment the existing postpaid mobile service. Available in approximately 3,800 branches of The Co-operative Food.^[13]

• 2014: acquired the broadband business of Namesco.^[14]

• 2014: became the UK's sole stockist of Fairphone FPU1 ethical smartphones.^{[15][16][17][18][19]}

• 2014: invests £500,000 in public transport social enterprise HCT Group.^[20]

See also

• British co-operative movement
• The Co-operative Energy

References

External links

• The Phone Co-op