One year after launching its green and smart Mint Energie offering, the Montpellier company Budget Télécom raised €2 million to support its goal of 150,000 subscribers by 2020-2021. So far, so good: the listed company expects 50,000 customers by the end of 2018, accompanied by revenue almost tripled to reach €25 million. The company is hiring six people to join its team of 27 employees in the Millénaire district.
“We are gaining 2,000 subscribers per month through word-of-mouth and digital marketing,” points out CEO Kaled Zourray. “On May 14, we launched a one-month advertising campaign with TV commercials on France 2, France 5, and Arte, along with posters in the Paris metro.” More subscribers mean more jobs. Six people were hired at the company’s facilities in the Millénaire district in 2018, notably for customer service. “We are the only Made in Montpellier provider!” highlights Kaled Zourray. “We will make that fact known throughout the territory with a poster campaign featuring an offbeat tone.”
The company also has partners in the Montpellier Métropole area, collaborating with Dyneff for a gas + electricity offering, and with Comwat, a specialist in smart energy consumption management hosted at the Cap Omega incubator, for a turnkey self-consumption photovoltaic offering that will be launched in Q3 of 2018.
Founded in 2000 and listed on the stock exchange since 2006, Budget Télécom successfully diversified its activities: in 2017, Mint Energie represented one third of the company’s €9 million in overall revenue. In 2018, Kaled Zourray forecasts €25 million in sales, representing growth of nearly 270%.
Find out more:
- Mint Energie - energy provider website- Join energy-environment networks