Telekom Networks Malawi

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Telekom Networks Malawi
Public
Traded as MSE: TNM
Industry Telecommunications
Founded 1995
Headquarters Blantyre, Malawi
Key people

Matthews Chikaonda, Chairman, Douglas Stevenson, Chief Executive Officer

Hitesh Anadkat, Vice Chairman
Revenue Increase MWK: 50.09 Billion (2015)[1]
Increase MWK: 5.41 Billion (2015)
Total assets Increase MWK: 46.3 Billion (2015)
Total equity Increase MWK: 15.65 Billion (2015)
Website Telekom Networks Malawi

Telekom Networks Malawi (TNM) is one of the telecommunications service providers in Malawi. It is based in Blantyre, Malawi's finance and commerce capital.

Established in 1995 as a joint venture between Telekom Malaysia and Malawi Telecommunications Limited, it is listed on the Malawi Stock Exchange.

TNM's network covers over 85 percent of Malawi's geographic population.

TNM recently acquired Burco Limited which has since has been rebranded to a new business unit, TNM Business Services (TBS) within TNM.

Management[edit]

Douglas Stevenson is the current Chief Executive Officer of TNM. Mr.Stevenson has worked for several companies within the Vodacom Group in Mozambique, Tanzania and South Africa, as Financial Director and Commercial Director among other positions as well as his most recent position as Managing Director of Vodacom Business Africa Group.[2]

References[edit]