Telekom Networks Malawi Company Overview and Financials

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Telekom Networks Malawi is a significant player in the country's telecommunications industry. It is a subsidiary of Telekom Malaysia Berhad.

The company was established in 1998, and its main objective is to provide quality telecommunications services to Malawians. Telekom Networks Malawi has a strong presence in the country, with a wide range of services including mobile, fixed, and data services.

The company has a significant financial presence, with annual revenues exceeding K1.5 billion.

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Ownership and Structure

Telekom Networks Malawi is a pioneer mobile network in Malawi, and it's listed on the Malawi Stock Exchange under the symbol TNM.

The company's major shareholders are clearly outlined in the shareholder table, where Press Corporation Limited holds the largest stake at 41.31%.

As of 31 December 2018, Press Corporation Limited is the largest shareholder of Telekom Networks Malawi, with a significant 41.31% stake in the company.

Old Mutual Life Assurance Company Malawi Limited is the second-largest shareholder, holding 24.09% of the company's stock.

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Close-up of a person using a Turk Telekom payphone outdoors in Malatya, Türkiye.
Credit: pexels.com, Close-up of a person using a Turk Telekom payphone outdoors in Malatya, Türkiye.

Here's a breakdown of the top shareholders in the stock of Telekom Networks Malawi as of 31 December 2018:

The remaining shareholders hold a combined 29.59% stake in the company, with Magni Holdings Limited being the third-largest shareholder, holding 5.01% of the company's stock.

Competitors and Market

Telekom Networks Malawi operates in a competitive telecommunications market in Malawi, with several players vying for market share.

The company faces competition from Airtel Malawi, which offers a range of services including mobile voice and data, and fixed broadband.

In 2020, Airtel Malawi had a market share of 43.1%, making it the largest mobile network operator in the country.

Other competitors in the market include TNM, which offers mobile and fixed services, and MTN Malawi, which provides mobile and data services.

TNM had a market share of 27.8% in 2020, while MTN Malawi had a market share of 21.5%.

Telekom Networks Malawi must differentiate itself from its competitors to remain competitive in the market.

The company has focused on expanding its network coverage and improving customer service to attract and retain customers.

Company Details

Credit: youtube.com, Telekom Networks Malawi CTO Lloyd Gowera on network expansion and 5G - Connecting Africa

Telekom Networks Malawi plc was founded in 1995.

The company operates in two main segments: Telecommunications and Mobile Money.

Telekom Networks Malawi plc provides a range of communication products and services, including voice, internet access, bundles, international dialing and roaming, and value-added services, as well as prepaid tariff plans.

The company's CEO is Michel Hebert, and its website is www.tnm.co.mw.

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NAICS Code for Limited Companies

The NAICS code for Telekom Networks Malawi Limited is 517, which is a broad category for Telecommunications.

Telekom Networks Malawi Limited also falls under the more specific NAICS code 517911, which pertains to Wired Telecommunications Carriers.

A company's NAICS code can also be represented by a single digit, as seen with Telekom Networks Malawi Limited's code 51, which is a catch-all for Information.

The company's NAICS code can also be listed with additional digits, such as 5179, which is a subcategory of Telecommunications.

In some cases, a company's NAICS code can be listed with a combination of digits, as is the case with Telekom Networks Malawi Limited's code 51791, which is a more specific subcategory of Telecommunications.

SIC Code for "Ltd"

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Telekom Networks Malawi Limited has a SIC code of 481 and 48.

The SIC code for a company with "Ltd" in its name can vary.

In the case of Telekom Networks Malawi Limited, the company operates in the telecommunications industry, which is reflected in its SIC codes.

Understanding SIC codes is essential for business registration and compliance purposes.

A company's SIC code can also provide insight into its business operations and activities.

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Quotes 5-Day Plc

Telekom Networks Malawi plc has a 5-day trading history, with the stock closing at 31.35 MWK on 2025-09-19.

The trading volume on that day was 112,308.

The stock price fluctuated over the next few days, with a 10.02% decrease on 2025-09-19.

Here's a breakdown of the stock's performance over the 5-day period:

The stock's highest price over the 5-day period was 34.84 MWK on 2025-09-19.

Mwtnm0010126

Mwtnm0010126 is a unique identifier associated with a company's financial records, specifically related to tax obligations.

A telecommunications tower on a hill overlooking the Hong Kong city skyline and water.
Credit: pexels.com, A telecommunications tower on a hill overlooking the Hong Kong city skyline and water.

The company's tax identification number is MWTNM0010126, which is used for various government reporting purposes.

This identifier is linked to the company's annual financial statements, which provide a detailed breakdown of revenues, expenses, and profits.

According to the company's annual report, the tax identification number MWTNM0010126 is also used to track tax payments and refunds.

The company's financial records indicate that they have a history of timely tax payments, with no outstanding tax liabilities as of the last reporting period.

Employees and Operations

Telekom Networks Malawi employs over 700 people, who are the backbone of the company's operations. These employees work tirelessly to ensure that the network is running smoothly and efficiently.

The company has implemented various training programs to enhance the skills of its employees, including a comprehensive induction program for new recruits. This program covers all aspects of the company's operations and policies.

Telekom Networks Malawi has a strong focus on customer service, with a dedicated team working to resolve customer complaints and issues. The company aims to resolve 90% of customer complaints within 24 hours.

Credit: youtube.com, Internet of Good Things comes to Malawi

The company's operations are supported by a state-of-the-art network infrastructure, which includes a range of technologies such as fiber optic cables and microwave links. This infrastructure enables the company to provide fast and reliable connectivity to its customers.

Telekom Networks Malawi has implemented various measures to improve the efficiency of its operations, including the use of automation and IT systems. These systems enable the company to streamline its processes and reduce costs.

The company's employees are the key to its success, and Telekom Networks Malawi recognizes the importance of employee development and retention. The company offers a range of benefits and incentives to its employees, including training and development opportunities.

For another approach, see: Universal Mobile Systems

Projects and Services

Telekom Networks Malawi offers wireless telecommunications services, which is evident from the fact that they report earnings results related to these services.

They have reported earnings results for the half year ended June 30, 2025, and the full year ended December 31, 2024.

Here are the specific dates for these reports:

  • Sep. 07: Report for the half year ended June 30, 2025
  • Jun. 26: Report for the full year ended December 31, 2024

Wireless Telecommunications Services

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Telekom Networks Malawi plc has reported earnings results for several key dates in the Wireless Telecommunications Services industry.

Telekom Networks Malawi plc reported earnings results for the Half Year Ended June 30, 2025 on September 07.

The company also reported earnings results for the Full Year Ended December 31, 2024 on June 26.

These dates highlight the importance of staying up-to-date on key financial milestones in the Wireless Telecommunications Services industry.

Here are the specific dates mentioned in the article:

Launches "Connect-A-School" to Digitalise Education

TNM launched the "Connect-A-School" initiative to digitalise education in Malawi.

The initiative comes with the rollout of 5G services, which initially tested in Lilongwe and Blantyre, with plans to expand to Mzuzu and Zomba soon.

TNM's 5G network will support mission-critical communications and massive Internet of Things (IoT) applications, such as smart agriculture and automated mining.

This will boost Malawi's digital economy by enabling new technology-driven sectors.

TNM's CEO Michel Hebert emphasized the company's heritage of pioneering advancements, stating they were the first to launch 2G, 3G, and 4G networks.

The "Connect-A-School" initiative positions TNM as Malawi's leading innovator in mobile broadband, serving 1.6 million subscribers with around 42 per cent market share.

For more insights, see: Telephone Numbers in Malawi

Financial Information

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As of December 2020, Telekom Networks Malawi had assets worth MWK:120,528,540,000, which is equivalent to approximately US$155.6 million.

The company's shareholders equity stood at MWK:43,905,850,000, or about US$56.7 million.

This financial standing allowed Telekom Networks Malawi to service over 4 million customers across the country.

Stock Overview

As of December 2020, Telekom Networks Malawi had assets worth MWK:120,528,540,000.

The company's assets were valued at approximately US$155.6 million at that time.

Telekom Networks Malawi had a significant amount of shareholders equity, worth MWK:43,905,850,000.

This translates to around US$56.7 million in shareholders equity.

The company serviced over 4 million customers through 26 customer-service stores across the country.

Price Volatility

TNM's price volatility is relatively stable compared to the industry and market. The company's average weekly movement is 8.1%, which is lower than the wireless telecom industry average of 3.7%.

Looking at the market as a whole, TNM's volatility is also lower than the market average of 6.9%. This suggests that the company's stock price is relatively stable.

Credit: youtube.com, Insight Minute: How will energy price volatility impact your organization?

Here's a comparison of TNM's volatility to other stocks in the market:

TNM's weekly volatility has been stable over the past year, coming in at 8%. This suggests that the company's stock price is not subject to wild fluctuations.

Limited Questions

Telekom Networks Malawi's customer support is available 24/7 to assist with any queries or concerns.

You can reach them via phone, email, or through their website.

Frequently Asked Questions

Who is the CEO of TNM Malawi?

The CEO of Telekom Networks Malawi Limited (TNM) is Michel Hebert. He leads the company's operations in Malawi.

Do we have a 5G network in Malawi?

Yes, Malawi has a 5G network, with Telekom Networks Malawi (TNM) activating its 5G service in Lilongwe, the capital city. This marks the beginning of high-speed connectivity in the country.

How much is TNM Pocket Wifi in Malawi?

TNM Pocket Wifi costs K20000 in Malawi.

Cory Hayashi

Writer

Cory Hayashi is a writer with a passion for technology and innovation. He started his career as a software developer and quickly became interested in the intersection of tech and society. His writing explores how emerging technologies impact our lives, from the way we work to the way we communicate.

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