Telecom

Malawi: Malcel Plc unveils 5-year development plan

Malawi: Malcel Plc unveils 5-year development plan
Tuesday, 15 November 2022 14:24

The Malawian telecom regulator awarded Malcel its third telecom license last August. Since then, the company has been busy rolling out its network and launching its operations. Before Malcel, previous attempts to introduce a third operator into the market had failed.

Malcel Plc, which holds Malawi's third mobile operator license, plans to roll out 5G in cities and 4G LTE in peri-urban areas, with 1,300 sites to be installed in the country in its first five years of operation. The plan was unveiled by Bonface Ndawala, the company's managing director, during an interview with Africa Telecom Review.

"We will deploy a brand-new, robust network with clear voice calls, fast data speeds, fair pricing of our services, and, above all, a beautiful customer experience. […]In the long term, Malawians should expect innovation and solutions that will address their everyday needs. We intend to be a relevant provider of services to the population," he said.

Last August, the Malawi Communications Regulatory Authority (MACRA) awarded the country’s third telecom license to Malcel. The move is expected to foster competition in a market controlled by Airtel and TNM. Malcel plans to start commercial operations in Malawi in the fourth quarter of 2023. It aims to become the leading digital network operator in Malawi as well as the largest fintech company in the country with its MCASH platform. To this end, the company plans to invest US$280 million in the Malawian telecom market over the next five years.

Before Malcel, the regulator had awarded the third license to several companies, including Malawi Mobile Limited, Global Advanced Integrated Networks (G-Mobile), and Celcom. However, none of the attempts led to effective commercial operations.

Isaac K. Kassouwi

On the same topic
South Africa launches Scam Signal to combat APP fraud Platform links banks, mobile networks for real-time detection Digital payment fraud...
Côte d’Ivoire integrates AI into national career guidance 2026 Career Days focus on AI skills, ethics Government expands youth employability...
Kenya warns against 21 uncertified mobile phone brands Devices lack mandatory Type Approval safety certification Regulator cites health...
Platform enables access to taxes, banking, civil records Government says biometric data stored by interior ministry Djibouti’s President...
Most Read
01

Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...

Togo Microfinance: Deposits and Loans Rise Simultaneously in Q3 2025
02

Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...

Gulf of Guinea regains appeal as a key exploration hub for oil majors
03

MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...

MTN’s Talks to Buyout IHS: A Strategic Reversal That Could Reshape African Telecoms
04

Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...

Rwanda Mobilises Global, Local Finance for $2Bln Innovation City Targeting Africa’s Digital Economy
05

The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...

Togolese Fintech Semoa Wins Full-Service BCEAO License
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.