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
A new report finds that nearly 73% of 2022’s cohort were still active in 2025, challenging conventional wisdom about tech failure rates.  Nearly...
$400 million invested in telecom infrastructure, including fiber across most districts 60% of the population still does not use telecom...
Guinea explores local smartphone production, inspired by Kenya model Initiative aims to expand access and support digital sovereignty...
Senegal partners Wave to introduce mobile payments in public hospitals System aims to streamline payments, reduce cash use, and improve...
Most Read
01

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
02

From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...

Weekly Health Update | Africa Steps Up Pandemic Preparedness as Health Sovereignty Takes Center Stage
03

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
04

Ecobank named alongside AfDB, ECOWAS, EBID and BOAD in the April 27, 2026 corridor financing mis...

Ecobank's Quiet Inclusion in the AfDB Mission Reshapes the Abidjan-Lagos Corridor Story
05

Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...

Chinese Automaker Jetour to assemble SUVs in South Africa from 2027
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.