Wednesday, March 28, 2012

TNM posts 24% rise in service revenue

Telekom Networks Malawi (TNM) has announced it generated service revenue of MWK12.26 billion (USD73.2 million) in the twelve months ended 31 December 2011, an increase of 24% year-on-year. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 29% from MWK3.65 billion in 2010 to MWK4.69 billion twelve months later, while the EBITDA margin climbed from 34% to 37% over the same period


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OVETEL TNM posts 24% rise in service revenue

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