TNM In K1. 3Billion Loss
Telecommunications and mobile money service provider, Telekom Networks Malawi plc, has made a loss of K1.34 billion during this year’s first half.
TNM revealed this in the company’s financial statement published in the local press.
The loss has been attributed to an increase in operating costs by 81 percent due to various factors including devaluation of the Malawi Kwacha.
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