# TNM plc financial growth and infrastructure acquisition

> Live situation record from CLSTR: https://clstr.news/situations/tnm-plc-financial-growth-and-infrastructure-acquisition
> Updated: 2026-08-21T00:41:00.000Z. Sources: 3. Developments: 2.

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.

## Timeline

### 2026-08-21: 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.

3 sources. https://clstr.news/cluster/tpg-telecom-reports-275-net-profit-growth-in-hy26-results

### 2026-08-02: 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.

2 sources. https://clstr.news/cluster/tnm-plc-reports-112-profit-surge-and-announces-fibre-network-acquisition

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Cite as: TNM plc financial growth and infrastructure acquisition. CLSTR, https://clstr.news/situations/tnm-plc-financial-growth-and-infrastructure-acquisition