Telekom Networks Malawi
| Type | Public |
|---|---|
| MSE: TNM | |
| Industry | Telecommunications |
| Founded | 1995 |
| Headquarters | Fifth Floor, Livingstone Towers, Glyn Jones Road, Blantyre , |
| Key people | Ted Sauti-Phiri Chairman[1] Michel Antoine Hebert Chief Executive Officer[2] |
| Revenue |  MWK: 222.90 billion (2025) |
| MWK: 21.27 billion (2025) | |
| Total assets | MWK: 120.53 billion (2020) |
| Total equity | MWK: 43.91 billion (2020) |
Number of employees | 1000 (2025) |
| Parent | Press Corporation Limited |
| Website | www |
Telekom Networks Malawi plc (TNM), is a telecommunications service provider in Malawi. Established in 1995, it is the oldest telecommunications company in the country.[3] The telco is a subsidiary of Press Corporation Limited, the largest business conglomerate in Malawi.[4][5]
TNM is Malawi is a mobile operator that offers 4G and 5G services and offers a full range of prepaid and postpaid voice, data, and digital solutions to customers nationwide.
Location
The headquarters of the company are located on the Fifth Floor, Livingstone Towers, Glyn Jones Road, in the city of Blantyre, Malawi's business capital.[3] The geographical coordinates of the company headquarters are:15°47'08.0"S, 35°00'26.0"E (Latitude:-15.785556; Longitude:35.007222).[6]
Overview
Telekom Networks Malawi is a leading telecommunications network provider in the country. As of December 2020, the telco had assets worth MWK:120,528,540,000 (US$155.6 million), with shareholders equity worth MWK:43,905,850,000 (US$56.7 million). At that time, the company serviced in excess of 4 million customers, through 26 customer-service stores throughout the country.[7]
History
Telekom Networks Malawi (TNM) was established in 1995 as a joint venture between Telekom Malaysia (60 percent) and Malawi Postal and Telecommunications Corporation (MPTC) (40 percent). MPTC was owned by the government of Malawi. Later, MPTC was unbundled into (a) Malawi Posts Corporation (MPC) and (b) Malawi Telecommunications Limited (MTL). The shares of stock of Telekom Networks Malawi were listed on the Malawi Stock Exchange in 2008. Telekom Malaysia sold its 60% majority stake in TNM, and the enterprise is now wholly Malawian-owned.
Ownership
Telekom Networks Malawi (TNM), company number 4029, was the pioneer mobile network in Malawi, and it is listed on the Malawi Stock Exchange, where it trades under the symbol TNM. As of 31 December 2018, the major shareholders in the stock of TNM are as illustrated in the table below.[3]
| Rank | Shareholder | Percentage | Notes |
|---|---|---|---|
| 1 | Press Corporation Limited | 41.31 | |
| 2 | Old Mutual Life Assurance Company Malawi Limited | 24.09 | |
| 3 | Magni Holdings Limited | 5.01 | |
| 4 | NICO Life Insurance Company Limited | 4.88 | |
| 5 | Livingstone Holdings Limited | 1.87 | |
| 6 | Magetsi Pension Fund | 1.49 | |
| 7 | Uniloy Holdings Limited | 1.26 | |
| 8 | Uco Holdings Limited | 1.19 | |
| 9 | Others | 18.90 | |
| Total | 100.00 | ||
Governance
The board of directors is chaired by Ted Sauti-Phiri, with Michel Antoine Hebert serving as Chief Executive Officer.
Sponsorship
TNM was the proud sponsor of the TNM Super League, Malawi’s premier football competition contested by 16 teams from across the nation. From 2007 until 2025, this partnership stood as a cornerstone of Malawi’s football journey.
Over nearly two decades, TNM’s sponsorship provided vital support from football equipment and cash subventions to clubs, to administration fees for the Super League of Malawi (SULOM), and awards recognizing outstanding players, teams, and even media personalities who championed the league.
TNM’s legacy in the Super League lives on in the growth of Malawi’s football and the social bonds it strengthened.
See also
References
- ↑ "TNM - Always with you".
- ↑ "TNM - Always with you".
- 1 2 3 African Financials (2018). "Profile of Telekom Networks Malawi". Africanfinancials.com. Retrieved 13 April 2020.
- ↑ GSMA.com (June 2012). "Telekom Networks Malawi: GSMA Green Power for Mobile Feasibility Study" (PDF). GSMA.com. Retrieved 13 April 2020.
- ↑ Maurice Nkawihe (15 September 2016). "Malawi Phone Service Operators MTL, TNM In US$21 Million Debt". Nyasa Times. Retrieved 13 April 2020.
- ↑ "Location of the Headquarters of Telekom Networks Malawi" (Map). Google Maps. Retrieved 13 April 2020.
- ↑ "TNM 2020 Annual Report" (PDF). Blantyre: Telekom Networks Malawi. December 2020. Retrieved 9 September 2021.