The Malawi Communications Regulatory Authority (MACRA) is set to award a mobile operating licence to Malcel, as the new company seeks to become the country’s third mobile network operator in competition with Airtel and Telekom Networks Malawi (TNM). Nyasa Times quotes Malcel’s founder and CEO Bonface Ndawala as saying that the company plans to begin...
Telekom Networks Malawi (TNM) has increased prices of its voice and data services by 20% effective today. The company said the adjustment was due to the rising cost of doing business in the country as a result of the 25% devaluation of the local currency, the Kwacha by the Reserve Bank of Malawi (RBM) coupled...
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...
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...
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...
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...
Malawi’s third mobile phone operator Nyasa Mobile Limited is hoping a newly established strategic partnership with the Vodafone Group will pay off and assist with efforts to roll out its network by the end of the year. Details are sketchy, but according to Nyasa Mobile, representatives from both companies have met with government officials to...
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...
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...
Malawian mobile operator, Telekom Networks Malawi (TNM) is anticipating a “challenging” economic environment exacerbated by foreign currency shortages, a volatile exchange rate and sustained cost pressures on margins and revenue. The company raised mobile money revenue by 23% in the financial year to the end of December, in addition to uplifting data income by 21%....
