|Telekom Networks Limited|
TNM Limited Company number 4029 was the pioneer mobile network in Malawi. Listed on the Malawi stock exchange, it was established in 1995 as a joint venture between Telekom Malaysia and the then government owned Malawi Telecommunications Limited (MTL), In April 2007 Telekom Malaysia sold its 60% majority stake in TNM. TNM is now wholly Malawian owned with the following share holding. Malawi Telecommunications Limited (MTL) 44.44%, First Merchant Bank (FMB) 12.92%, Press Corporation Limited 10.46%, Old Mutual 10.46%, Public 20.72%, Employees 1%.