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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 Big Brothers Big Sisters of America to enhance connectivity for over 100,000 students by promoting Project 10Million, a $10.7 billion initiative aimed at providing free internet access. Eligible households can register for a mobile hotspot and 100GB of data per year for five years. This initiative is crucial as 59% of low-income U.S. parents report their children face digital obstacles in school. The program begins on June 21, allowing families to enroll through T-Mobile or their local Big Brothers Big Sisters agency.
DISH Network and T-Mobile have amended their Master Network Services Agreement, enhancing DISH's access to T-Mobile's nationwide 5G network for its retail wireless brands, including Boost Mobile. This amendment, pending U.S. Department of Justice approval, introduces financial and operational improvements, including better pricing and roaming solutions. DISH's 5G network currently covers over 20% of the U.S. population, contributing to DISH's competitive position in the market. The agreement also ensures a multi-billion dollar revenue commitment for T-Mobile.
T-Mobile (NASDAQ: TMUS) has launched a new initiative called Coverage Beyond, expanding its services to provide free high-speed data in over 210 countries and in-flight connectivity on major U.S. airlines, starting June 21. Customers will receive 5GB of free data per month with their Magenta MAX or Business Unlimited Ultimate plans, and T-Mobile is also offering a year of
T-Mobile (NASDAQ: TMUS) has partnered with AAA, now serving as its Official Wireless Partner. Starting June 21, T-Mobile customers can enjoy a complimentary year of AAA Classic or Basic membership, providing benefits like 24-hour roadside assistance. With the largest 5G coverage on U.S. highways, T-Mobile aims to enhance road trip safety and connectivity. Additionally, AAA members switching to T-Mobile can receive up to $500 through various incentives. This collaboration combines T-Mobile's advanced network with AAA's renowned service offerings, targeting travelers this summer.
T-Mobile (NASDAQ: TMUS) and Rocket Travel (NASDAQ: BKNG) have launched T-Mobile TRAVEL with Priceline, providing exclusive travel discounts for T-Mobile customers. This initiative aims to enhance user experience and brand loyalty as travel demand surges. Customers can save up to 40% on hotels and rentals, with over $17 million saved during the pilot phase. T-Mobile intends to leverage its extensive 5G coverage to improve customer connectivity while exploring new travel opportunities.
T-Mobile has announced its latest Un-carrier move, Coverage Beyond, enhancing customer connectivity while traveling. Starting June 21, customers gain 5GB of free high-speed data monthly in over 210 countries and free in-flight connectivity on major U.S. airlines. T-Mobile partners with
T-Mobile U.S. Inc. (NASDAQ: TMUS) is set to announce its latest Un-carrier initiative via video on June 16, 2022, at 7 AM PT (10 AM ET). T-Mobile CEO Mike Sievert will lead the presentation, showcasing the company’s continued commitment to service disruption within the wireless industry. The announcement can be accessed through T-Mobile's official website.
T-Mobile, based in Bellevue, Washington, is recognized for its extensive 4G LTE and evolving 5G network, emphasizing customer value and service quality.
T-Mobile and Oceus have announced a strategic alliance to provide specialized solutions for the U.S. government, leveraging T-Mobile's extensive 5G network and Oceus' experience in military communications. The partnership aims to enhance capabilities for the Department of Defense (DoD) in areas such as AR/VR, logistics, and operations. T-Mobile's 5G Advanced Network Solutions will enable rapid data processing and secure private networks. The collaboration previously supported Operation Allies Welcome, providing essential communications for DoD and interagency customers during a critical response.
T-Mobile (TMUS) announced a significant advancement in standalone 5G technology, achieving over 3 Gbps speeds by aggregating three mid-band 5G channels. This global first was accomplished on a live network using a Samsung Galaxy S22 device. T-Mobile's President of Technology, Neville Ray, highlighted the importance of mid-band spectrum for enhancing network performance. The company leads in 5G coverage, reaching 315 million people with its Extended Range 5G and expecting to expand Ultra Capacity 5G coverage to 260 million by 2022.
T-Mobile US (NASDAQ: TMUS) will present a business update on June 15, 2022, at 4:15 p.m. EDT during the Credit Suisse 24th Annual Communications Conference. Peter Osvaldik, CFO, will lead the presentation. A live webcast will be accessible on the Company’s Investor Relations website, with an on-demand replay available shortly after the event. T-Mobile US is a leading provider of advanced 4G LTE and nationwide 5G networks, focusing on providing customers with competitive value, quality service, and innovation.
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