The People's Operator
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| Limited Liability Partnership | |
| Industry | Mobile Phones |
| Founded | 2012 |
| Headquarters | London, United Kingdom |
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Key people
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Mark Epstein (CEO), Jimmy Wales (outgoing Chairman) |
| Products | Mobile Telephony |
| Website |
thepeoplesoperator tpo |
The People's Operator (or TPO Mobile) is a mobile virtual network operator that provides mobile phone services in the United Kingdom and the United States via the Three (though TPO had initially selected the EE company) and the Sprint and T-Mobile networks, respectively. It was launched in 2012, with the stated aim of being an ethical mobile network operator. TPO asserts that the service gives customers the opportunity to support their selected causes and receive updates on how their money is being spent, while businesses can fulfill their corporate social responsibility commitments. The company's stock dropped nearly 90 percent in value in its first year and a half.
TPO was launched on 19 November 2012. At launch, it was owned entirely by its three co-founders, Andrew Rosenfeld, Tom Gutteridge and Mark Epstein, with Rosenfeld being the primary financial backing for the company. The organisation has been based in Shoreditch, London. It was established with the stated aim of being an ethical mobile phone operator. At launch, Rosenfeld was the Chairman, with Gutteridge and Epstein as vice-chairs, and Alex Franks as the chief executive.
In October 2014, the company announced that it intended to list publicly on London's Alternative Investment Market. It was estimated by Oscar Williams-Grut that the company could be worth ₤100 million upon its initial public offering. This was later described as a "hugely overblown price".
On 8 February 2015, Rosenfeld died after a short illness. Days later, Wales was appointed by the board as Rosenfeld's replacement as Executive Chairman. In October 2015, it was announced that Rosenfeld's son James had been appointed as a non-executive Director of the firm, but less than 13 months later, James resigned from the position.
In January 2017, the company announced that Jimmy Wales would be replaced as board Chairman by Michael Butler, who has industry experience primarily with Inmarsat. Butler will be paid with 2 million new shares of the company, carved from a 4 million-share subscription proposed by the company, pending approval by the AIM stock market.
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