Friday, September 24, 2010

TNM Withdraws Cautionary Statement

Telekom Networks Malawi (TNM) has announced the removal of the cautionary statement it issued to shareholders in March pending the outcome of negotiations with potential strategic partners.

The mobile operator said it had decided to suspend the process until the completion of the on-going business expansion programmes which are aimed at increasing company value, despite what it described as ‘a considerable level of interest from several potential strategic partners.’

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