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 (NASDAQ: TMUS) has partnered with VinFast to become the exclusive provider of connectivity for VinFast's smart electric vehicles in North America and Europe. This long-term, multi-million-dollar agreement aims to enhance in-car experiences and utilize near real-time telemetry data for maintenance. T-Mobile will support VinFast's electric vehicle lineup, including models VF 6, VF 7, VF 8, and VF 9, offering services like streaming, live traffic updates, and over-the-air updates. This collaboration underscores both companies' commitment to innovation and customer satisfaction.
T-Mobile (NASDAQ: TMUS) has released its 2022 State of Fixed Wireless report, revealing insights from over two million broadband customers. The report highlights the explosive growth of Fixed Wireless Access (FWA), which has disrupted the traditional internet landscape, growing over 70% within the industry. T-Mobile became the fastest-growing internet provider, doubling its customer base within six months. The report indicates that consumer dissatisfaction with traditional ISPs is driving this trend, with projections suggesting that T-Mobile and Verizon could have up to 13 million FWA customers by 2025.
On December 6, 2022, T-Mobile US (NASDAQ: TMUS) CEO Mike Sievert will present a business update at the UBS Global TMT Conference at 3:50 p.m. ET. The live webcast can be accessed on T-Mobile's Investor Relations website. An on-demand replay will be available after the presentation. T-Mobile is known for its advanced 4G LTE and nationwide 5G network, providing reliable connectivity and exceptional customer service. To stay updated on financial news, investors can subscribe to email alerts on the same website.
T-Mobile (TMUS) has announced an exclusive agreement with ExteNet Systems to deploy digital wireless infrastructure in large venues, marking an industry first. This partnership aims to enhance 5G capabilities and streamline T-Mobile's network assets post-merger with Sprint. Under the contract, ExteNet will manage the infrastructure deployment for venues, ensuring faster rollout times. This agreement, effective October 1, 2022, also includes a collaboration with MGM Resorts to enhance connectivity across 25 properties, which serve over 70 million visitors annually.
T-Mobile (NASDAQ: TMUS) has reintroduced its attractive offer of $25 per line monthly for four lines, providing unlimited talk, text, and data including 5G access. This limited-time offer, starting November 22, allows customers to save 28.5% compared to similar plans from AT&T and 16.6% against Verizon. As inflation impacts budgets, this deal appeals to cost-conscious consumers. The offer includes conditions such as a $35 device connection charge, potential data prioritization during congestion, and restrictions for existing customers switching plans.
T-Mobile (NASDAQ: TMUS) has announced early holiday offers starting November 17, 2022, providing significant savings for new and existing customers, including small businesses. Customers can receive up to $800 off Samsung Galaxy 5G smartphones when trading in an eligible device, and up to $1,000 total when switching or adding a new line. Metro by T-Mobile offers include free 5G phones for prepaid customers. T-Mobile highlights their leading 5G network while encouraging savings during the holiday season.
T-Mobile (NASDAQ: TMUS) is launching early Black Friday deals starting Thursday, November 17. Customers can get up to $1,000 off the iPhone 14 lineup with eligible trade-ins on Magenta MAX plans. Additional promotions include the iPhone 11 for $49.99 at Metro by T-Mobile and half-off the Apple Watch SE. T-Mobile emphasizes value amid rising inflation, offering $225 in perks monthly for Magenta MAX customers with 2+ lines. These limited-time offers are designed to attract new and existing customers during the holiday shopping season.
T-Mobile has launched its nationwide 5G standalone (5G SA) network, enhancing performance for customers. The upgrade features Ultra Capacity spectrum for faster speeds and lower latency, benefiting applications like gaming. With coverage reaching 321 million people and plans to expand Ultra Capacity to 300 million next year, T-Mobile solidifies its position as a leader in the 5G market. Customers using compatible devices like the Samsung Galaxy S22 will experience peak speeds over 3 Gbps. For further details, visit T-Mobile's official site.
T-Mobile (NASDAQ: TMUS) is expanding its 5G Home Internet service to over 70 cities and towns in Illinois, Michigan, and Wisconsin, now making high-speed internet accessible to more than 6 million homes. This move addresses the significant broadband gap, with millions lacking reliable internet access, particularly in Michigan and Wisconsin. T-Mobile's Home Internet service is priced at $50/month with AutoPay, featuring no hidden fees, easy setup, and a 15-day trial period. This expansion aims to enhance competition and choice in underserved areas.
T-Mobile US, represented by Peter Osvaldik and Neville Ray, will present a business update on November 16, 2022 at 9:45 AM CET during the Morgan Stanley European Technology, Media & Telecom Conference in Barcelona, Spain. Investors can access a live webcast on the Investor Relations website, with an on-demand replay available post-presentation. T-Mobile, based in Bellevue, Wash., offers a robust 4G LTE and 5G network, emphasizing value, service quality, and innovation.
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