Airtel set to list on Malawi Stock Exchange

LILONGWE-(MaraviPost)-The country’s leading smartphone network provider Airtel Malawi plc (“Airtel Malawi”) on Wednesday announced its intention to list on the main board of the Malawi Stock Exchange (MSE).

This listing is aligned to the Communications Act of 2016, Communications (Telecommunications and Broadcasting Licensing) Regulations of 2016, and its operating license, and will allow Malawians to share in Airtel Malawi’s success story.

In a press statement made available to The Maravi Post, Airtel Malawi Managing Director Charles Kamoto said Malawians will benefit directly in the growth of company.

“Today marks a significant milestone in the company’s evolution. Since starting operations in 1999 Airtel Malawi has been ingrained in the fabric of the country. This potential listing will enable Malawians to share in the growth of the company.”

“Airtel Malawi’s investment in its network has ensured that we maintain a leadership position into the future. Through investment in its infrastructure and innovative offerings, Airtel Malawi has grown to offer dependable voice, data and digital services to its customers”. says Kamoto.

He adds; “We have always believed that mobile communications connect people, helps families and communities stay in touch and enables business to be more efficient. Listing Airtel Malawi now allows Malawians across the length and breadth of the country to be part of a shared journey.

Airtel Malawi however aims to list on the MSE pending market conditions and subject to the approval of the requisite authorities.

Maravi Post Reporter

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