Welcome to our dedicated page for T-Mobile US news (Ticker: TMUS), a resource for investors and traders seeking the latest updates and insights on T-Mobile US stock.
T-Mobile US, Inc. (symbol: TMUS) is a leading American wireless network operator headquartered in Overland Park, Kansas, and Bellevue, Washington. The company is majority-owned by Deutsche Telekom AG, holding a 53.3% stake as of April 2023. T-Mobile has grown significantly through strategic mergers, including with MetroPCS in 2013 and Sprint in 2020, establishing itself as the second-largest wireless carrier in the U.S.
With a customer base of 77 million postpaid and 21 million prepaid phone users, T-Mobile commands around 30% of the U.S. retail wireless market. The company has also made significant inroads into the fixed-wireless broadband market, aggressively expanding since 2021 and now serving over 5 million residential and business customers.
In addition to its core wireless services, T-Mobile provides wholesale services to resellers, further diversifying its revenue streams. The company is known for its customer-centric approach, constantly innovating to deliver enhanced services and coverage. This focus on customer satisfaction has earned T-Mobile a robust market position and loyal customer base.
Recent achievements include the nationwide rollout of 5G services, partnerships to expand network capabilities, and initiatives to improve customer service and experience. Financially, T-Mobile continues to perform well, showing resilience and growth even in competitive and challenging market conditions. Through its strategic mergers and innovative services, T-Mobile remains a significant player in the telecommunications industry.
T-Mobile's second annual Scam and Robocall Report reveals that its Scam Shield technology blocked approximately 41.5 billion scam calls in 2022, reflecting a 75% increase from 2021. This translates to about 1,317 calls stopped every second. The report highlights the ongoing battle against evolving scam tactics, with total robocall attempts rising, especially during the holiday season. T-Mobile's Scam Shield identifies an average of 3.5 billion calls a month, significantly outperforming competitors. The report aims to help consumers protect themselves as industry-wide losses from phone scams reached an estimated $39.5 billion in 2022.
T-Mobile has partnered with Amazon Web Services (AWS) to offer customizable 5G edge compute solutions. This collaboration integrates T-Mobile's 5G Advanced Network Solutions with AWS's cloud services, enhancing businesses' ability to deploy 5G technology efficiently. The partnership aims to simplify communication infrastructure, addressing common challenges such as high costs and complexity in achieving digital transformation. This initiative targets organizations of all sizes, providing flexible solutions for varied applications, from industrial safety monitoring to predictive maintenance.
T-Mobile US (TMUS) will provide a business update during the 31st Annual Deutsche Bank Media, Internet & Telecom Conference on February 28, 2023, at 9:40 a.m. Eastern Time. Peter Osvaldik, CFO, will lead the presentation, which will be accessible via a live webcast on the Company’s Investor Relations website. An on-demand replay will be available post-presentation. T-Mobile, headquartered in Bellevue, Wash., is recognized for its advanced 4G LTE and nationwide 5G network, providing innovative wireless services through its brands, T-Mobile and Metro by T-Mobile.
T-Mobile US has announced a promotion for its customers to enjoy the MLS Season Pass on the Apple TV app, starting February 21. This subscription, valued at
T-Mobile US (NASDAQ: TMUS) announced the retirement of President of Technology Neville Ray in Fall 2023, with Ulf Ewaldsson, current EVP and Chief Network Officer, taking over his role. Ray, who has been with T-Mobile for 23 years, significantly contributed to the company’s transition from 2G to 5G, leading to its recognition as the nation’s overall network leader. Ewaldsson, who joined T-Mobile in 2019, has already driven key advancements in building T-Mobile’s 5G network. CEO Mike Sievert praised the planned succession, highlighting the importance of both leaders in achieving the company's historic network integration post the T-Mobile/Sprint merger.
T-Mobile technology leader Dr. Cheryl Cooper is championing diversity in cybersecurity, targeting underrepresented youth, particularly women of color. With multiple cybersecurity credentials, she leads career events, introducing over 265 students to tech opportunities. Dr. Cooper is launching a paid internship program aimed at high school juniors and seniors, enhancing their career prospects. T-Mobile has invested over $3 million in HBCUs since 2021. Upcoming events during Black History Month aim to close the race and gender gap in tech, emphasizing the importance of representation and mentorship.
T-Mobile, via its Assurance Wireless brand, has expanded its participation in the federal Affordable Connectivity Program (ACP) to seven additional states, bringing total participation to 48 states and the District of Columbia. This initiative enables eligible households to receive a $30 monthly discount (up to $75 on tribal lands) for internet service. New customers can also enjoy free smartphones, scam protection tools, and affordable plans starting at $15/month for unlimited talk and text, along with high-speed data access. T-Mobile's commitment to bridging the digital divide is evident through this expansion and its Project 10Million, aiming to assist under-connected households.
T-Mobile is aiding customers affected by the recent devastating earthquake in Turkey and Syria by waiving international long-distance calls, SMS, and roaming charges. This offer applies from February 6 through February 12, 2023, for T-Mobile, Sprint, and certain prepaid customers, allowing them to connect with friends and family during this critical time. Customers with Simple Global can enjoy free unlimited data in Turkey. For assistance, customers are encouraged to contact T-Mobile.
T-Mobile US (TMUS) announced a public offering of three tranches of senior notes totaling $3 billion. These include $1 billion of 4.950% notes due 2028, $1.25 billion of 5.050% notes due 2033, and $750 million of 5.650% notes due 2053. The offering is set to close on February 9, 2023, pending customary conditions. Proceeds will be utilized for general corporate purposes, including refinancing existing debt and share repurchases. Major banks involved in the offering include Deutsche Bank, Morgan Stanley, and Wells Fargo, among others. T-Mobile has filed a registration statement with the SEC for this offering.
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