AIRTEL - Airtel Malawi Plc
Airtel Malawi Plc, formerly known as Zain Malawi and before that Celtel Malawi Limited, is a Malawian telecom company incorporated on September 3, 1998 under company registration number 5114 as a private limited company and trades under the brand name Airtel. Airtel became the country’s second mobile service provider with the launch of a GSM network in October 1999. The telecom company began rolling out a GPRS upgrade across its infrastructure in 2006 and a commercial launch of the service took place in October 2007.
In September 2007 Airtel Malawi’s then-parent company, MTC Group of Kuwait, adopted the new name Zain to unify its various brands across Africa and the Middle East. All operations in Sub-Saharan Africa, which were held via MTC Group’s wholly-owned subsidiary Celtel International, were rebranded from Celtel to Zain in August 2008. Following Indian telecom operator Bharti Airtel’s acquisition of the Sub-Saharan Africa assets of Zain Group in June 2010, the company underwent another name change – from Zain to Airtel in November 2010.
Airtel Malawi’s operating licence was renewed by Malawi Communications Regulatory Authority for a further ten years in early 2014. Airtel was re-registered as a public company on November 18, 2019, with company registration number TMRBS1011981. Airtel provides mobile telecommunication services (GSM Mobile cellular telephone services) including voice telephony, messaging, data communications (including internet), international and national long-distance telecommunications services and value-added services.
Airtel Malawi Plc is listed on the Malawi Stock Exchange (MSE) since February 24th, 2020. Airtel is traded on the MSE under the ticker symbol “AIRTEL”. The International Securities Identification Number (ISIN) of MSE:AIRTEL is MWAIRT001156. Airtel Malawi Plc is currently the eighth most valuable stock on the MSE with a market capitalization of MWK 1.25 trillion, which is about 4% of the Malawi Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 113.88 |
| Day’s High Price | 113.90 |
| Traded Volume | 17,505 |
| Number of Deals | |
| Gross Turnover | 1.99M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 3.8840 |
| Price/Earning Ratio | 29.32 |
| Dividend Per Share | 2.00 |
| Dividend Yield | 1.76% |
| Shares Outstanding | 11B |
| Market Capitalization | 1.25T |
AIRTEL Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -0.09% | -5.1% | -8.51% |
| 6MO | 1YR | YTD |
|---|---|---|
| -18.6% | +30.9% | -5.71% |
The current share price of Airtel Malawi Plc (AIRTEL) is MWK 113.88. AIRTEL closed its last trading day (Friday, February 20, 2026) at 113.88 MWK per share on the Malawi Stock Exchange (MSE). Airtel began the year with a share price of 120.77 MWK but has since lost 5.71% off that price valuation, ranking it 13th on the MSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that AIRTEL has lost 5% of the stock’s value from January 23rd to date.
Airtel Malawi is the fourth most traded stock on the Malawi Stock Exchange over the past three months (Nov 20, 2025 - Feb 20, 2026). AIRTEL has traded a total volume of 7.22 million shares valued at MWK 835 million over the period, averaging a volume of 114,524 shares (valued at MWK 13.2 million) per session. A volume high of 5.21 million was achieved on February 12th for the same period. The table below details the last 10 trading days of activity of Airtel Malawi on the Malawi Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2026-02-20 | 17,505 | 113.88 | -0.03 | -0.03% |
| 2026-02-19 | 18,712 | 113.91 | -0.03 | -0.03% |
| 2026-02-18 | 6,531 | 113.94 | -0.04 | -0.04% |
| 2026-02-17 | 15,269 | 113.98 | -0.01 | -0.01% |
| 2026-02-16 | 35,365 | 113.99 | +0.01 | +0.01% |
| 2026-02-13 | 15,297 | 113.98 | ||
| 2026-02-12 | 5,214,444 | 113.98 | -0.01 | -0.01% |
| 2026-02-11 | 25,632 | 113.99 | -0.74 | -0.64% |
| 2026-02-10 | 166,063 | 114.73 | -0.25 | -0.22% |
| 2026-02-09 | 14,395 | 114.98 |
Profile of Airtel Malawi Plc
Airtel Malawi Plc operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry.
Factsheet of Airtel Malawi Plc
- Sector
- Telecommunications
- Industry
- Mobile Telecommunications
- Address
- Lilongwe Corporate Suite, Airtel Complex, City Centre, Lilongwe, Malawi
- Telephone
- +265-1-774-800, +265-999-901-300
- Website
- www.airtel.mw
AIRTEL Industrial Market Competitors
Airtel Malawi Plc, issuers of the AIRTEL stock on the Malawi Stock Exchange, have one market competitor who is also engaged in the Telecommunications sector and/or Mobile Telecommunications industry. The table below presents an overview of their market standing.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| TNM | Telekom Networks Malawi Limited | 359B | 31.13 | -1.05% |
