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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 3 sources · 19 days · First seen · Last updated

TNM plc financial growth and infrastructure acquisition

Overview

TNM plc reported significant financial growth for the fiscal year ending December 31, 2025, with revenue reaching K222.9 billion and net profit after tax increasing by 112% to K21.27 billion. CEO Michel Hebert noted the company added over one million new subscribers and mobile-money users during this period.

Following these results, shareholders at the company’s annual general meeting in Lilongwe approved a K11.5 billion acquisition of fibre-network infrastructure from Open Connect Limited. This move is intended to expand services for the company’s seven million subscribers and establish new revenue streams.

Entities

Australian Securities Exchange · Ted Sauti‑Phiri · TNM plc · Malawi · Iñaki Berroeta

Timeline

  1. 27 days ago

    [BUSINESS] 3 sources
    TPG Telecom reports 275% net profit growth in HY26 results

    TPG Telecom reported a 275% increase in net profit to $35 million for HY26, driven by mobile subscriber growth and reduced financing costs, despite a decline in home broadband revenue.

  2. about 2 months ago

    [BUSINESS] 2 sources
    TNM plc reports 112% profit surge and announces fibre network acquisition

    TNM plc posted a 112% profit jump for 2025, declared K7.96 bn in dividends and approved a K11.5 bn fibre‑network purchase to boost its 7 million‑subscriber base.

Sources

arnnet.com.au · raskmedia.com.au · seekingalpha.com