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 Thursday, June 26, 2008

Celtel Malawi has announced that it has reduced the cost of its cheapest handset by 35%, from USD25 to USD16. The move follows the government's eradication of a 25% customs and excise duty on imported handsets and cellular network equipment. According to TeleGeography's GlobalComms database, the cellco is the country's largest company by subscribers, claiming a 69% market share at the end of March 2008, with Telekom Networks Malawi accounting for the remainder.

Source: TeleGeography.