TNM increases tariffs
TELECOMS| July 24, 2012, 8:40 a.m.
By Gregory Gondwe, Blantyre, Malawi
Telecoms Networks Malawi (TNM) Limited has announced that it will be increasing base tariff by an average of 19.5% from August 1, 2012.
The TNM Standard prepaid tariff, which is nicknamed ‘Yaboo’, will be adjusted as follows: Calls during peak period from TNM subscriber to another TNM subscriber will be billed at 87 tambala per second which will be equivalent of MK52.20 while the off-peak period will be MK28.20 per minute. Calls during peak period from TNM subscriber to any other Malawi network will be billed at 108 tambala per second which will be equivalent of MK63.80. The off-peak period will be MK32.30 per minute.
The company says an SMS to any destination in Malawi will remain unchanged at MK10 per SMS and so will be the standard date tariff which will also remain unchanged at MK10.24 per MB.
“TNM will continue to offer affordable tariffs for international calls from as low as 70,” the company says. “All the tariffs for postpaid and Value Added Services will also increase, TNM will inform concerned customers directly to relevant changes.”
The company management says this tariff adjustment announcement is done ahead of time because the company believes in the rights of their consumers to be informed about any changes in tariffs.
“The changes will also be published in the newspapers and communicated through other media,” a statement only signed by ‘Management’ says.
It further states that the recent exchange rate adjustments and subsequent rise in the cost of utilities, goods and service resulted in a direct increase in major parts of our expenditure.
“It is essential for TNM to maintain the profitability of the business to support our continued investment program in Telecommunications infrastructure in Malawi,” the statement justifies the increment.
“It should be noted that TNM will be investing more that USD20 million per annum over the next 5 years, to expand our coverage and upgrading the older infrastructure. Therefore TNM must operate on the correct level of profitability to be able to fund these expansions,” it adds.
The mobile phone service provider says in the past two years it has consistently reduced tariffs, to the advantage of customers.
During the period from the year 2010, TNM to TNM calling tariffs have been reduced by 36% while tariffs for calling other networks have been reduced by 22%.
“TNM is proud of the fact that, during this period, our tariffs on most products were the most affordable in Malawi. TNM will continue to apply this strategy to give more benefits to subscribers,” says the company.
In order to palliate the effects of this hike, TNM says it will be launching very innovative products during the next few months, which will enable their customers to manage their cost of communication at affordable levels, while enjoying a high standard of services.
The company says its ‘Mtolo” range of products, where customers are advised to buy calling time bundles at lower prices, will continue to provide value for money to our customers with affordable tariffs.
“It is important for our customers to note that even after all the changes, the cost of a call between TNM subscribers during the peak period, calculated in USD, and has effectively decreased from USD25 cents in April 2012 to 19 US cents in August 2012,” says the company.
MORE TELECOMS NEWS
Tigo introduces unified short code for products and servicesTigo Ghana has announced the installation of a world-class IVR (Interactive Voice Response) that will give both its pre-paid and post-paid customers the opportunity to access all its product through a unified short code, 555. Read More
TNM to conduct biggest promotion pay-outTNM will on August 26 splash out over K100 million in its Ufulu@50 Promotion, the biggest payout in a single day in the history of promotions in Malawi. Read More
We don’t patronise fake OEMs, says GloGlobacom has said it does not patronise substandard original equipment manufacturers (OEMs) and telecoms equipment vendors. Read More
Africell DRC waits ‘in vain’ for interconnectionAfricell, which began operations in the DRC in June 2012, has yet to enjoy interconnection. Read More
Telecom Namibia: WACS repairs to start this weekendRepair work on the West Africa Cable System (WACS) off Namibia’s coast is scheduled to start over the weekend, says Telecom Namibia. Read More
MTN Uganda marks 10m subscriber markHaving hit the 10 million subscriber base, MTN Uganda has announced that it is giving out 10 million minutes of free airtime and 100 million MB of data to its customers. Read More
Airtel Malawi launches thematic campaignAirtel Malawi has launched a new thematic campaign dubbed 'Muli Bwanji?' a local language greeting meaning 'How are you?' aimed at depicting the warmth and love that is synonymous with Malawians. Read More
Etisalat commissions flagship Experience Centre in AbujaEtisalat has commissioned a world class flagship Experience Centre in Abuja. Read More
Infrastructure, connectivity key to Africa’s smart citiesInfrastructure and connectivity are key to achieving the Smart City vision, say WSP and Ruckus Wireless. Read More
FEATURED STORYNigeria’s VAS providers ‘on brink of extinction’
WASPAN chief Simon Aderinlola says unless the regulator intervenes, WASPAN may not have anything left to regulate. Kokumo Goodie reports.
BEST READ NEWS
IN DEPTHKenya rolls out e-extension to improve agriculture
In a bid to curb the overwhelmed number of agricultural extension officers in Kenya, the ministry of agriculture is embracing technology with their introduction of E-Extension services, which are aimed at reaching out to over 7 million farmers annually.