TNM hikes tariffs by 20% while rival Airtel reduces tariffs by 25%

Mobile phone and ICT service provider, TNM has raised tariffs of its products and services by 20 % effective Tuesday, next week.
In a statement, TNM management is attributing the price hikes to the recent 25% devaluation of the Kwacha and increases in prices exerted by inflationary pressures.
The telecommunication company also justifies the decision as necessary in order to protect shareholder value and capital exposure of the business.
TNM has since indicated that details regarding the new tariffs will be communicated later.
The development comes as Airtel Malawi has also reduced the volume of MoFaya bundles by 45%, this week.
A 2 GB Airtel daily bundle is now reduced to 1.1 GB but maintained the price.

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14 replies on “TNM hikes tariffs by 20% while rival Airtel reduces tariffs by 25%”

  1. Wbich Maths have you done in school to be fooled so readily by thieves masquerading as Telecoms providers in the name of Airtel. They have effectively increased their tariffs by 81 to 85 percent for each gb of data. Thieves.

  2. I would love toknow more

    it’snot often one telco drops prices while the other raises them!

    Sadly, I’m being prevented from going back to edit my typos (above)

  3. I was about to clap hands upon reading the “headline” but dang it, this reporter just threw me off. The two coms are all about price hikes, not one on reduction. I mean, did I get the reading wrong? Is the combo or headline talking about increase and reduction or price increase only? Maybe my brain is dead and hurting because I can’t see/read the justification of the headline in the body.
    Thanks!!

  4. And you call Airtel action as price reduction? If 4GB sold at K1000, then 2.2GB would sell at K550 but it will sell at 1000. Where, then, is the reduction?

  5. The headlines are very misleading. Airtel did not reduce its tarrifs. If anything both service providers have increased their tarrifs just that they have used different language

  6. Why is headline painting a different picture than content…

    The headline is not accurate… Actually its misleading

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