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
AfDB and UNDP aim to mobilize up to $10 billion for AI development by 2035. Funds will target data infrastructure, computing capacity,...
Free mobile roaming between Gabon and DRC expected to reduce costs for millions of travelers and businesses. Agreement supports regional trade,...
Cape Verde launches unified digital services portal GOV.CV Platform aims to boost efficiency, interoperability, transparency ITU ranks country 111th...
Tanzania, Botswana seek capacity on Angola’s AngoSat-2 satellite Kenya, DRC and Zambia also express interest Satellite seen key to narrowing Africa’s...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

West African Development Bank (BOAD) launched preparation of its 2026–2030 strategic plan wit...

BOAD Launches 2026–2030 Strategy With Boston Consulting Group Support
03

Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...

Nigeria: Investigation on Chinese Owned Temu Regarding Privacy Breach Concerns for Local Users
04

BOAD appointed Adji Sokhna M’Baye as Chief Executive Officer of BOAD Market Solutions, its new str...

BOAD Names Adji Sokhna M’Baye CEO of Structured Finance Unit
05

Algeria plans to launch construction of the $13 billion Trans-Saharan Gas Pipeline (TSGP) a...

Algeria–Morocco: Will the Gas Pipeline Duel Take Place? (Editorial)
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.