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.
Ultra Mobile (NASDAQ: TMUS) has announced the removal of all high-speed data caps on its unlimited plans, effective immediately for both new and existing customers. This upgrade applies to Ultra Unlimited and Ultra Unlimited+ plans at no additional cost. Customers can now enjoy unrestricted streaming, browsing, and connectivity on the T-Mobile 5G network, which is touted as America's fastest 5G prepaid network.
To celebrate this upgrade, Ultra Mobile is offering a chance for 50 winners to receive six months of Ultra Unlimited and six months of their favorite streaming service. The company is also promoting a -time offer for families, with three lines of Ultra Unlimited available for $85. Ultra Mobile plans include unlimited talk and text to over 90 countries, unlimited talk and text to and from Mexico, and mobile hotspot capabilities.
T-Mobile US, Inc. (NASDAQ: TMUS) has announced its upcoming third quarter 2024 earnings call, scheduled for Wednesday, October 23, 2024, at 4:30 p.m. Eastern Time (EDT). The call will be accessible via dial-in with pre-registration and a webcast link on the company's Investor Relations website. The earnings release, Investor Factbook, and related materials will be available at approximately 4:05 p.m. EDT on the same day.
Investors can access the live broadcast and replay of the earnings call through the T-Mobile Investor Relations website. The company also utilizes various social media channels for disclosing material information, including the @TMobileIR, @MikeSievert, and @TMobileCFO X accounts, as well as the CFO's LinkedIn account.
T-Mobile has activated its emergency response for Hurricane Helene, a Category 1 hurricane expected to make landfall in Florida's Big Bend area. The company is preparing for severe winds up to 125 mph, 8-12 inches of rain, and potentially fatal storm surge across Florida, Alabama, and Georgia.
T-Mobile's preparations include:
- Pre-staging equipment for rapid deployment
- Ensuring backup power resources are ready
- Deploying mobile emergency operations centers, satellite equipment, and portable generators
- Offering unlimited talk, text, and data for affected customers from September 26 to October 2
- Engaging with federal, state, and local officials and emergency management agencies
- Preparing community support assets like Wi-Fi and device charging stations
T-Mobile is monitoring potential impacts on employees and retail stores, with some locations possibly closing or modifying hours.
Peachtree Corners, a smart city powered by T-Mobile's 5G, has partnered with May Mobility to deploy autonomous vehicle (AV) solutions in Georgia. Starting today, May Mobility will operate autonomous Toyota Sienna Autono-MaaS vehicles along Technology Parkway, with eight pre-determined stops at popular destinations. The service will open to the public on October 7.
May Mobility's vehicles use their patented Multi-Policy Decision Making (MPDM) system for safe driving decisions. The service will operate Monday through Friday from 8AM-4PM, accommodating up to four passengers per vehicle. Users can book trips through the May Mobility app, powered by Via. The deployment will initially have an attendant inside the vehicle, with plans for fully autonomous service in the future.
The vehicles will be connected to T-Mobile's 5G network, enhancing performance and enabling real-time monitoring for safety and operations.
T-Mobile has implemented a new feature called georouting for customers calling the 988 Suicide and Crisis Lifeline. This system routes calls to crisis centers based on the caller's approximate county-level location, rather than their area code. The change ensures callers are connected to counselors familiar with local resources and services.
T-Mobile, the first wireless provider to enable this feature nationwide, worked with the U.S. Department of Health and Human Services' Substance Abuse and Mental Health Services Administration (SAMHSA) to develop the solution. Georouting does not share a caller's precise location, unlike geolocation.
This initiative follows T-Mobile's earlier efforts, including being the first major wireless provider to implement 988 calling in November 2020 and launching text capabilities for 988 in July 2022. The company aims to remove barriers to mental health assistance and ensure help is available when and where it's needed most.
T-Mobile (NASDAQ: TMUS) has announced enhancements to its Project 10Million (P10M) initiative, aimed at bridging the digital divide for students. Key updates include:
1. Doubling the data allowance from 100GB to 200GB per year for five years for new and existing qualifying K-12 student families.
2. Introducing a new discounted 10GB data pass for $10 for families who exceed their data limit.
3. Partnering with Boys & Girls Clubs of America to expand program reach through nationwide enrollment campaigns and sign-up events.
4. Collaborating with artist and activist Common to champion digital equity and education.
Since 2020, P10M has provided $6.9 billion in products and services, connecting over 6 million students. The program aims to offer free hotspots, data plans, and access to low-cost devices for 10 million at-risk students.
Metro by T-Mobile has been recognized as the fastest prepaid wireless brand in the United States, according to Ookla's first Prepaid Wireless Speedtest® Connectivity Report. The report reveals that Metro outperforms even Verizon and AT&T in network speed. Key findings include:
1. Fastest Prepaid Network: Metro's download speeds are 1.3 times faster than the closest competitor, with the fastest median upload speeds nationwide.
2. Fastest 5G Prepaid Network: Metro's 5G network boasts median download speeds of 217 Mbps.
3. Most Consistent Network (tie): Metro offers reliable performance in key locations.
4. Metro wins in all six largest metropolitan areas across the U.S.
The company also highlighted its Metro Flex plan, which offers free phones to new customers and ongoing deals for existing customers.
T-Mobile US, Inc. (NASDAQ: TMUS) announced that its subsidiary, T-Mobile USA, Inc., has agreed to sell $2.5 billion in senior notes through a registered public offering. The offering includes:
- $700 million of 4.200% Senior Notes due 2029
- $900 million of 4.700% Senior Notes due 2035
- $900 million of 5.250% Senior Notes due 2055
The offering is expected to close on September 26, 2024. T-Mobile USA plans to use the net proceeds for general corporate purposes, which may include share repurchases, dividends, and refinancing existing debt. The offering is being managed by a group of prominent financial institutions acting as joint book-running managers and co-managers.
T-Mobile US, Inc. (NASDAQ: TMUS) has announced that its subsidiary, T-Mobile USA, Inc., plans to offer senior notes in a registered public offering, subject to market conditions. The net proceeds from this offering will be used for general corporate purposes, which may include share repurchases, dividends, and refinancing existing debt.
J.P. Morgan Securities , Morgan Stanley & Co. , RBC Capital Markets, , and Wells Fargo Securities, are acting as joint book-running managers for the offering. T-Mobile USA has filed a registration statement with the SEC, and interested investors are advised to read the prospectus and related documents for complete information about the offering.
T-Mobile's Chief People Officer, Deeanne King, was featured on Toptal's Talent Economy podcast. During the conversation with Michelle Labbe, King shared her perspective on the role of HR professionals, stating, "Our role as HR professionals is to take care of the people who take care of our customers."
The full episode of the podcast is available for listening, providing insights into King's role and approach to human resources at T-Mobile. This appearance highlights T-Mobile's focus on employee satisfaction and its potential impact on customer service.
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