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 US (NASDAQ: TMUS) announced plans for a registered public offering of senior notes by its subsidiary, T-Mobile USA. The offering is subject to market conditions, and the company intends to utilize the net proceeds for general corporate purposes, which may include share repurchases and refinancing existing debt. Deutsche Bank, Morgan Stanley, RBC Capital Markets, and Wells Fargo are the joint book-running managers of this offering. The company has filed a registration statement with the SEC for this offering, and investors are encouraged to review the prospectus for detailed information.
T-Mobile (NASDAQ: TMUS) announced the pre-orders for the Samsung Galaxy S23 series, including the S23, S23+, and S23 Ultra, starting February 17. Customers can receive significant discounts, with the S23+ available for free (up to $1000 off) on eligible trades and the S23 available for free (up to $800 off) when adding a line. The company highlights that only its network can utilize the full capabilities of these devices, claiming they are 16% faster on average than those on other networks due to its 5G standalone three-carrier aggregation technology. T-Mobile continues to lead the 5G market with performance enhancements expected in the future.
T-Mobile US, Inc. (NASDAQ: TMUS) reported record high postpaid customer and broadband growth in 2022, adding 6.4 million postpaid customers and achieving a net customer addition of 1.8 million in Q4 alone. Service revenues reached $61.3 billion while net income was $2.6 billion, reflecting a 14% decrease due to merger-related costs. The company's free cash flow increased by 36% to $7.7 billion. T-Mobile was also recognized as the overall network leader, and it aims for a 10% growth in adjusted EBITDA in 2023. The company remains committed to a net-zero target by 2040 and plans to enhance shareholder returns earlier than expected.
T-Mobile has launched an innovative holiday campaign called Game of Phones, leveraging its advanced 5G technology to create an interactive metaverse experience. The campaign, which featured hologram representations of T-Mobile leadership, attracted over 400,000 participants, marking an incredible 8,700% increase compared to 2021. T-Mobile also pledged $100,000 to three non-profits through the campaign. The company is committed to leading in VR technology and supporting innovation initiatives, further solidifying its position in the wireless industry after a record year of growth in postpaid and broadband customers.
T-Mobile (NASDAQ:TMUS) has announced a significant commitment to sustainability, aiming for net-zero emissions across its entire carbon footprint by 2040. This goal, validated by the Science Based Targets Initiative (SBTi), encompasses all three emissions scopes and includes direct emissions from operations as well as indirect emissions from suppliers and customer usage. T-Mobile has also joined The Climate Pledge, a collective effort to achieve net-zero emissions ten years ahead of the Paris Agreement. The company previously achieved a 100% renewable electricity goal and is recognized for its environmental efforts, earning an A- for its 2022 CDP Climate Change disclosure.
T-Mobile US (NASDAQ: TMUS) has been recognized as a leader in network performance through recent reports from industry experts. T-Mobile was awarded top honors by umlaut for fastest 5G speeds and best coverage, while Opensignal highlighted its superior customer experience in video, gaming, and voice applications. The Un-carrier's Extended Range 5G now covers 323 million people, with plans to expand Ultra Capacity 5G coverage to 300 million by year-end. These accolades reinforce T-Mobile's commitment to delivering high-quality services and consistent connectivity to its customers nationwide.
T-Mobile (NASDAQ: TMUS) has expanded its 5G coverage and capacity in Greater Phoenix, enhancing network speeds significantly ahead of major events like the Big Game and the Phoenix Open. The upgrades include a 10x speed increase at State Farm Stadium and a 4x speed enhancement across the region, catering to nearly one million attendees. The network improvements involve the deployment of 2.5 GHz Ultra Capacity 5G and mmWave spectrum for faster downloads. With these enhancements, T-Mobile continues its position as the fastest mobile network in 45 states, aiming to reach 300 million people with Ultra Capacity 5G this year.
T-Mobile US (TMUS) is set to release its fourth quarter and full year 2022 financial results on February 1, 2023, at 8:00 a.m. ET. Investors can access the earnings call via phone or through a webcast on the Company’s Investor Relations website. The earnings release, along with the Investor Factbook and related materials, will be available at 7:00 a.m. ET on the same day. Interested parties can submit questions during the call via Twitter. T-Mobile continues to position itself as a leader in delivering innovative services across its extensive 4G LTE and 5G networks.
T-Mobile (NASDAQ: TMUS) has once again secured its position as the network leader according to Ookla's Speedtest® Global Index for Q4 2022, showcasing top-notch performance across all categories. With median download speeds surpassing 151.37 Mbps—more than double that of competitors Verizon and AT&T—T-Mobile demonstrates its dominance in the U.S. mobile market. The company also reported impressive 5G performance, achieving average download speeds of 216.56 Mbps, significantly faster than AT&T. T-Mobile's Extended Range 5G covers 323 million people, with plans to extend Ultra Capacity 5G coverage to 300 million people by year-end.
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