Tnm Malawi 100 MWK

Telekom Networks Malawi (TNM), is a telecommunications service provider in Malawi. Established in 1995, it is the oldest telecommunications company in the country. The telco is a subsidiary of Press Corporation Limited, the largest business conglomerate in Malawi.

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.