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.

AIRTEL28.97 ▾ 0.01 (0.03%)
Yesterday
Last Trading ResultsGrowth & Valuation
Opening Price:--Earnings Per Share:--
Day's Low Price:28.97Price/Earning Ratio:--
Day's High Price:28.97Dividend Per Share:--
Traded Volume:170,000Dividend Yield:--
Number of Deals:--Shares Outstanding:11b
Value/Turnover:4.92mMarket Capitalization:318.67b
Monetary values are quoted in Malawi Kwacha (MWK) unless otherwise stated

AIRTEL Stock Market Performance

1WK4WK3MO6MO1YRYTD
-0.10%-3.40%+31.68%+65.54%+63.58%+63.58%

The current share price of Airtel Malawi Plc (AIRTEL) is MWK 28.97. The AIRTEL stock closed its last trading day (Wednesday, October 28, 2020) at 28.97 MWK per share on the Malawi Stock Exchange, recording a 0.03% drop from its previous closing price of 28.98 MWK. AIRTEL closed its IPO day (February 24, 2020) with a share price of 17.71 MWK and has since gained 63.58% on that price valuation, ranking it 1st on the MSE in terms of year-to-date performance. The table below details the last 10 trading days of activity of Airtel Malawi Plc on the Malawi Stock Exchange.

DateVolumeCloseChangeChange%
2020-10-28170,00028.97-0.010.03%
2020-10-273,90028.98----
2020-10-2381528.98-0.020.07%
2020-10-2216,56929.00----
2020-10-193,37029.00----
2020-10-096,78529.00----
2020-10-08504,28429.00----
2020-10-0727,61729.00----
2020-10-05303,01129.00----
2020-10-021,62629.00----

Profile of Airtel Malawi Plc

Airtel Malawi Plc operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry. Unfortunately, we do not have information on the company's board of directors and/or key executives at this time.

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
Email:
info.africa@airtel.com
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 the Mobile Telecommunications industry. The table below gives you an overview of their market standing.

CodeNameMkt. Cap.L. PriceYearTD
TNMTelekom Networks Malawi Limited200.81b20.00-23.1%

Index of African Stock Exchanges:

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

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