Ted Sauti Phiri

Ted Sauti Phiri

business Malawi

Ted Sauti Phiri is the Board Chairperson of Telecom Networks Malawi (TNM), where he oversees strategic decisions aimed at modernizing the company's infrastructure and enhancing operational efficiency. During the 2024 Annual General Meeting, he announced a net profit of K10.05 billion but emphasized the company's decision to reinvest those profits rather than distribute dividends, highlighting TNM's commitment to long-term growth amidst challenging economic conditions.

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Malawi Malawi: Board Chairperson Ted Sauti Phiri announced that TNM posted a net profit of K10.05 billion for the year ended 2024. 8

Nyasa Times – popular Malawian online publication: No Dividends, All Growth: TNM Bets on the Future - Malawi Nyasa Times