Telekom Networks Malawi PLC | ![]() | ![]() | ![]() |
TNM Limited Company number 4029 was the pioneer mobile network in Malawi. Listed on the Malawi stock exchange, it was established in 1995 as a joint venture between Telekom Malaysia and the then government owned Malawi Telecommunications Limited (MTL), In April 2007 Telekom Malaysia sold its 60% majority stake in TNM. TNM is now wholly Malawian owned with the following shareholding; Press Corporation plc 41.31%, Old Mutual Life Assurance Company (Mw) Limited 24.07%, Magni Holdings Limited 5.01%, NICO Life Insurance Company Limited 4.88%, Livingstone Holdings Ltd 1.87%, Magetsi Pension Fund 1.488%, Unilogy Holdings Limited 1.26%, Investment Alliance Limited, 1.034% among the top ten shareholders
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