Telekom Networks Malawi (TNM) last week announced a series of initiatives to strengthen its network and improve service quality. The updates were shared during the company’s 30th-anniversary celebration, where TNM said it has already invested more than 1 trillion Malawian kwachas (about $577.5 million) in expanding its network, infrastructure, and technology.
Chief Executive Officer Michel Hebert said the company will continue investing to bring technology closer to Malawians. He noted that the network currently covers about 85% of the population, and the next priority is to reach the remaining 15%, mostly in rural areas.
Hebert added that TNM is committed to adopting cost-effective and sustainable technologies, particularly solar-powered systems, to expand coverage while reducing operating costs. The operator also plans to upgrade its digital financial platform, Mpamba, to provide more innovative and accessible services for a wider customer base.
The CEO also pointed to upcoming projects, including the rollout of 5G, Voice over LTE (VoLTE), and Fixed Wireless Access (FWA).
“We are setting up innovation hubs and AI laboratories to help Malawians develop AI-driven services tailored to our local needs,” Hebert said.
At the end of the first half of 2025, TNM said its actions on pricing, distribution, and network optimization were already producing positive results. The group plans to continue implementing measures to grow its customer base, increase revenue, improve efficiency, and strengthen financial performance. During the period, the company invested 13.15 billion kwachas in distribution systems, network upgrades, and license renewals to support its expansion plans.
By the end of December 2024, TNM had around 5 million subscribers, with revenue of 158.17 billion kwachas and net profit of 10.05 billion kwachas. Its main competitor, Airtel Malawi, reported 8.1 million subscribers, revenue of 270.96 billion kwachas, and net profit of 42.72 billion kwachas over the same period.
Isaac K. Kassouwi
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...
This week in African health news: Global measles cases have dropped nearly 80 percent since 2000, bu...
Maersk will resume transit through the Suez Canal from December 2025 after a two-year diversion. ...
Africa holds 3% of global solar PV jobs but posts fastest 23% growth Utility-scale and off-grid solar drive new roles in installation, sales and...
Cameroon leads global sawn Sapelli and Iroko exports, earning CFA122.2 billion in 2024 Cocoa and rubber exports surge, reinforcing raw-material...
DRC nears deal for Equity BCDC to fund 1,000 Transco buses via digital ticketing Revenue from each ticket will secure loan repayment through a...
Cameroon raises Sonara refinery rehab estimate to 300 billion CFA after new study Lenders, including BEAC’s Window B facility, signal interest in...
Mauritius recorded a 56% increase in UK Google searches for “Christmas in Mauritius” over the past three months. The island ranked fourth overall...
Niokolo-Koba National Park, designated both a Biosphere Reserve and a UNESCO World Heritage Site, is one of the ecological treasures of Senegal and all of...