African Stock Exchanges

AIRTEL - Airtel Malawi Plc

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AIRTEL share price on Malawi Stock ExchangeAIRTEL share price on Malawi Stock Exchange

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 fifth most valuable stock on the MSE with a market capitalization of MWK 562 billion, which is about 8.82% of the Malawi Stock Exchange equity market.

AIRTEL51.12 ▪ 0.00
Last Trading Results
Opening Price51.12
Day’s Low Price
Day’s High Price
Traded Volume3,453
Number of Deals
Gross Turnover176,517.36
Growth & Valuation
Earnings Per Share3.3565
Price/Earning Ratio15.23
Dividend Per Share2.50
Dividend Yield4.89%
Shares Outstanding11B
Market Capitalization562B
Monetary values are quoted in Malawi Kwacha (MWK) unless otherwise stated

AIRTEL Stock Market Performance


The current share price of Airtel Malawi Plc (AIRTEL) is MWK 51.12. AIRTEL closed its last trading day (Wednesday, June 12, 2024) at 51.12 MWK per share on the Malawi Stock Exchange (MSE). Airtel began the year with a share price of 60.00 MWK but has since lost 14.8% off that price valuation, ranking it 14th on the MSE in terms of year-to-date performance.

Airtel Malawi is the third most traded stock on the Malawi Stock Exchange over the past three months (Mar 11 - Jun 12, 2024). AIRTEL has traded a total volume of 32.4 million shares valued at MWK 1.64 billion over the period, with an average of 514,486 traded shares per session. A volume high of 15.8 million was achieved on April 12th for the same period. The table below details the last 10 trading days of activity of Airtel Malawi on the Malawi Stock Exchange.


Profile of Airtel Malawi Plc

Airtel Malawi Plc operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry.

Factsheet of Airtel Malawi Plc

Mobile Telecommunications
Lilongwe Corporate Suite, Airtel Complex, City Centre, Lilongwe, Malawi
+265-1-774-800, +265-999-901-300

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.

CodeNameM. Cap.CloseYTD
TNMTelekom Networks Malawi Limited156B15.51-17.1%

Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange


  1. HassanHassan
    Aug 19, 2023 11:22 GMT

    I bought some shares using airtel money few years ago and forgot about it.
    How can i check the status now and how many shares i have currently

  2. Doris Shani HuwaDoris Shani Huwa
    Aug 7, 2023 12:18 GMT

    How can I buy shares at Airtel?

    1. SauliniSaulini
      Aug 7, 2023 19:19 GMT

      Vist any Bricker you will be helped

  3. Goodluck BandaGoodluck Banda
    Aug 3, 2023 13:46 GMT

    How to get started

  4. BeatriceBeatrice
    Jan 4, 2023 13:12 GMT

    How to buy shares

  5. Grenard PaulosiGrenard Paulosi
    Aug 22, 2022 19:11 GMT

    lam interested in this business.

  6. Elizabeth NdongoElizabeth Ndongo
    Jun 23, 2022 21:05 GMT

    Please how can I buy these shares???

  7. 09989687400998968740
    Jun 6, 2022 11:41 GMT

    How do I start this share things

  8. chiso Leechiso Lee
    Oct 15, 2023 19:06 GMT

    How can I buy this shares? ?

    1. kkkk
      Jan 1, 2024 23:06 GMT

      Is this stock good?

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