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Fixed phone and broadband operator Malawi Telecommunications Limited (MTL) says the decision by Press Corporation Limited to offload 80% of its shares in the company, coupled with the MWK1.98-billion it owes Malawi Communications Regulatory Authority (MACRA), will not threaten its operations going forward. In June this year Press Corporation said it will divest from MTL...

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Two of Malawi’s largest telecommunications services providers, Telekom Networks Malawi (TNM) and Airtel Malawi, have projected subdued results for half-year ended 30 June 2022, with the devaluation of the Kwacha cited as a main contributing factor. According to statements released independently by each company, both stated an expectation that profit after tax will be lower...

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Malawi’s Anti-Corruption Bureau (ACB) has issued a restriction notice to halt Malawi Communications Regulatory Authority (MACRA)’s plan to buy a Revenue Assurance System machine that tracks revenue movement in the country’s telecommunications industry. The bureau confirmed the development and said it has initiated an investigation. Although details are sketchy, it is understood that ACB has...

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Malawi’s Press Corporation is divesting from fixed phone and broadband operator, Malawi Telecommunications Limited (MTL). As is the case in other African countries, Malawi’s fixed phone market continues to face pressure as more cost effective digital communication channels develop. Listed on the Malawi Stock Exchange (MSE) Press Corporation is a major investor in the country’s...

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Malawi could see the launch of a third mobile network operator in competition with Airtel and Telekom Networks Malawi (TNM), with local newspaper The Times reporting that Nyasa Mobile has announced its intention to roll out services by the end of the year. According to Nyasa Mobile’s Chairperson Konrad Buckle, the firm has been in...

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The Malawi Communications Regulatory Authority (MACRA) has officially launched the Universal Service Fund (USF) Strategic Plan for the period 2022-2027. The five-year plan is set to promote the adoption of ICT services in rural and underserved areas of the country. The USF, which is managed by MACRA, was established by the Communications Act No. 34 of 2016 to promote...