Former SAP executive readies to roll with Check Point in Africa

Checking out
Africa's security

Former SAP exec to lead Check Point Africa.

Friday, Aug 23rd

Telekom Networks Malawi announces US$30m network upgrade

Telekom Networks Malawi announces USm network upgrade

As the battle for the control of Malawi's mobile phone market continues, Telekom Networks Malawi (TNM) has announced an investment of K21.2 billion (approximately US$30m) in a network upgrade.

Airtel Malawi is the country's largest operator followed by TNM, which believes its latest investment will help it to grow and lead the market.

The company said it invested in network coverage and capacity expansion in the towns of Blantyre and Lilongwe.

Eric Valentines, Chief Technology Officer at TNM, said the company has also invested in 4G and 4.5G networks.

He said through the investments, TNM now has a modern network that adds value to enterprise customers and the company is determined to achieve the status of a fully integrated mobile network and ICT service provider.

It plans to do this through the convergence of telephony, video and data communications services within a single network platform.

Following the investment, Valentines said the stage was now set for businesses to enjoy a better digital experience adding that the company will continue to innovate and upgrade its network.

"Businesses are continually looking for operational efficiency at every level of their organisations to improve productivity," said Valentines.

Meanwhile, the company said it has been successful with initiatives to improve revenue streams and manage costs in the first half of the year (2017).

According to its half-year results, ending June 30, 2017, the company posted a 72% increase in profit after tax of K4.7 billion from the previous year's K2.7 billion.

The company said it remains focused on maintaining current levels of profitability to support future investments.

According to Macra (Malawi Communication Regulatory Authority), last year Airtel Malawi had 55.9% share of the market, while TNM had 43.7%.

ALSO ON ITWEB AFRICA

HPE South Africa appoints new MD Published on 30 July 2019

President Ntuli will serve in the position effective 1 August 2019.

Business support systems and 5G Published on 20 August 2019

BSS providers will play a key role in helping drive communication innovations in the future says Hassen Hamza, Pre-Sales & Business Development Director, MEA, at Nexign.

AI to change contact centre CX experience Published on 08 August 2019

For companies looking to enhance their contact centre environments, AI can be leveraged to deliver more improved CX at unprecedented levels.