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 has expanded its 5G Home Internet service to 32 new cities and towns in California, now reaching over 6 million homes. This move addresses the digital divide, as many families still lack access to reliable broadband. Currently, around 1.3 million households in California remain without home broadband. T-Mobile’s offering is priced at $50 per month, significantly lower than the industry average of $105. Customers can also benefit from a Price Lock guarantee and a Test Drive option, allowing them to cancel within 15 days for a refund.
T-Mobile (NASDAQ: TMUS) announced its Rage Cage event at the 2022 MLB All-Star weekend, part of its Rage Against Big Internet Tour. Customers can relieve frustrations with Big Internet through a custom pitching cage. T-Mobile has seen significant growth, now eligible for 5G Home Internet in over 40 million households and becoming the fastest-growing home internet provider in the U.S. with one million new subscribers. The latest expansion allows nearly half of California households access to T-Mobile's service, which offers competitive pricing at $50/month compared to $105/month from competitors.
T-Mobile (NASDAQ: TMUS) continues to dominate the mobile network landscape, as highlighted in Ookla's Q2 Speedtest® Global Index Market Analysis. The report reveals T-Mobile ranked first in Overall Speed, Lowest Latency, and Overall Video Score. T-Mobile's 5G network achieved leading metrics with median download speeds of 187.33 Mbps and 68.5% availability. The company covers 315 million people with its Extended Range 5G and plans to expand Ultra Capacity 5G coverage to 300 million by 2023.
T-Mobile US, Inc. (TMUS) will announce its second quarter 2022 financial results on July 27, 2022, at 8:00 a.m. EDT. The earnings call will be available via phone and a webcast on the company's Investor Relations website. Relevant materials such as the earnings release and Investor Factbook will be accessible from 7:00 a.m. EDT on the same day. Investors can submit questions via Twitter during the call. A replay will be accessible for two weeks post-call.
T-Mobile (TMUS) and Deutsche Telekom (DTEGY) have partnered with Spoke to enhance road safety for bicyclists and motorists through T IoT technology. This innovative integration aims to improve awareness between road users by providing near real-time information via a network of IoT-connected sensors and cameras. The goal is to reduce urban bicycle accidents, which account for 78% of such incidents, thereby promoting safer road experiences for all.
T-Mobile (TMUS) is celebrating MLB All-Star Week in Los Angeles by leveraging its 5G network to enhance fan experiences. Key initiatives include immersive views of player warm-ups, a chance to win prizes valued at over $150K, including trips and MLB.TV subscriptions, and features like T-Mobile's All-Star Bat Shop. The T-Mobile Home Run Sweepstakes runs from July 15-19, offering fans opportunities to win substantial travel credits. With an emphasis on connectivity and experiences, T-Mobile aims to connect communities and engage baseball fans during this major event.
T-Mobile (NASDAQ: TMUS) took a stand against price hikes by AT&T and Verizon, with rock icon Dee Snider leading a protest in Times Square. Customers have faced increases of $6 to $12 monthly. T-Mobile promotes its Price Lock guarantee, which ensures no rate increases for new accounts. Snider called for unity among consumers against such hikes, stating, 'People are clearly fed up.' T-Mobile aims for all carriers to adopt similar protections to alleviate customer frustrations during inflationary times. The protest emphasizes T-Mobile's commitment to delivering value without raising prices.
T-Mobile (NASDAQ: TMUS) continues to dominate the 5G market according to Opensignal's July 2022 5G Experience Report, which highlights the company's leadership in 5G download and upload speeds, availability, and reach. T-Mobile customers experience average 5G download speeds of 171 Mbps and upload speeds of 17.8 Mbps, with connectivity occurring twice as often as AT&T and over three times more than Verizon. As of 2022, T-Mobile's extended range 5G covers 315 million people, with plans to expand to 300 million by next year.
T-Mobile has announced the expansion of its 5G Home Internet service to 81 additional cities across Colorado, Iowa, Kansas, Missouri, and Oklahoma, providing access to nearly 5 million more households. This move aims to address the lack of reliable broadband in these regions, with over 1.1 million homes currently without adequate internet service. T-Mobile offers its Home Internet for $50/month, or $30 for families with a Magenta MAX plan, emphasizing affordability and reliability in broadband access.
T-Mobile US has extended its Exchange Offers for unregistered senior secured and senior notes, originally set to expire on
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