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 Ghana rolls out new cell sitesTigo is rolling out new base stations to fill gaps in its 3G coverage and improve on its 2G coverage in Ghana. Read More
MainOne marks 5 yearsIn its five year existence, MainOne has invested over $300m in infrastructure in West Africa. Read More
MTN CEO restates commitment to educationThe Chief Executive Officer of MTN Nigeria, Mr. Michael Ikpoki, has restated the telco’s strong commitment to partnering with government to develop the education sector. Read More
VP commissions Huawei Seeds for the Future programmeGhana’s Vice President, H.E Paa Kwasi Amissah Arthur, has officially commissioned the Huawei Seeds for the Future Programme in Accra. Read More
IHS plans to inject fresh $500m to grow capacityMohammed Darwish, managing director of IHS Towers, says the firm will soon inject another $500million into the business after raising some $2.5billion to finance expansion drives. Darwish spoke with biztecafrica.com in Lagos. Read More
More convenience for Airtel customers in Embu with new Airtel shopAirtel Kenya has opened a new Airtel shop in Embu town as part of the company’s aggressive expansion and upgrade plan. Read More
Nebula: You’re probably wasting 20% of your telecoms spendSouth African businesses are wasting up to 20% of their telecommunications spend every year, according to a new white paper by Nebula. Read More
Tigo CEO chairs Ghana Chamber of TelecommunicationsThe Governing Council of the Ghana Chamber of Telecommunication has elected the Chief Executive Officer of Tigo Ghana Roshi Motman as the new Chair of the Chamber. Read More
MTNC inaugurates new Service CentresMTN Cameroon has inaugurated two new Service Centres in the city of Yaounde. Read More
FEATURED STORYIHS plans to inject fresh $500m to grow capacity
Mohammed Darwish, managing director of IHS Towers, says the firm will soon inject another $500million into the business after raising some $2.5billion to finance expansion drives. Darwish spoke with biztecafrica.com in Lagos.
BEST READ NEWS
IN DEPTHAs curtain falls on MDGs, what next?
Dr. Bjorn Lomborg, president of the Copenhagen Consensus Centre, speaks to Biztechafrica about setting smart targets.