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Malawi Stock Exchange

Last update 31 Dec 2025

Airtel Malawi PLC · AIRTEL.MV

Malawi · Communication Services · Wireless Telecommunication Services · —

Price history

Airtel Malawi Plc is a mobile telecommunications operator serving consumers, businesses and public-sector users across Malawi. The company provides prepaid and postpaid mobile voice, messaging, data, roaming, fixed broadband and value-added services, and it also participates in mobile financial services through Airtel Money. Its business model is built around subscriber acquisition, network coverage, data usage, distribution reach, handset and SIM activity, enterprise connectivity and digital transaction volumes. Airtel Malawi operates in a market where mobile connectivity is a core consumer service and an important infrastructure layer for payments, commerce, media and public communication. The company is part of the wider Airtel Africa and Bharti Airtel ecosystem, giving it brand, technology and operational links beyond Malawi while retaining a local listed-company profile. Earnings are influenced by mobile data adoption, voice traffic, mobile money usage, spectrum and network investment, regulatory charges, foreign exchange costs and competition from other telecom operators.

Fundamentals

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Metric  (MWK, B) 2024 2023 2022 2021 2020
Revenue Total Revenue 271
EBITDA 110
EBIT 94
Net income Net Income 43
Operating margin 35%
Net margin 16%