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 Nexamp to participate in a community solar program aimed at increasing clean energy availability. Under this long-term agreement, T-Mobile will subscribe to ten solar farms across Maine, Massachusetts, and New York, totaling over 50 MW of capacity. This initiative is aligned with T-Mobile's commitment to sustainability and reducing carbon emissions. The partnership is expected to provide significant savings through discounted electric bill credits for T-Mobile and local customers who subscribe.
T-Mobile (NASDAQ: TMUS) has invested over
T-Mobile has been ranked #1 in the J.D. Power 2022 U.S. Wireless Customer Care Mobile Network Operator Performance Study–Volume 1, marking its ninth consecutive win and 23rd overall. With a score of 823, T-Mobile outperformed the segment average by 26 points and excelled in all categories, including phone and online services. This achievement reflects T-Mobile's commitment to customer care, reinforced by the successful implementation of its Team of Experts model, which prioritizes personalized service. Over 6,000 Care Experts have been hired to further enhance customer experience.
T-Mobile US (TMUS) reported record-high postpaid account and customer growth for 2021, with net customer additions of 5.5 million. The company achieved a service revenue of $58.4 billion and net income of $3.0 billion for the year. Free cash flow nearly doubled year-over-year, totaling $5.6 billion. T-Mobile's 5G network covered 210 million people, and merger synergies totaled $3.8 billion. Looking ahead, T-Mobile expects continued growth in core adjusted EBITDA and free cash flow through 2022, reflecting a strong operational outlook.
T-Mobile (NASDAQ: TMUS) announces a $2.5 million donation on February 1 to support the Thurgood Marshall College Fund (TMCF) and its scholarship initiatives for students attending historically Black colleges and universities (HBCUs). This contribution is part of the Magenta Scholars program, which has now totaled $3 million in support since its inception. Additionally, T-Mobile is expanding its NextTech Diversity and Magenta Edge programs to enhance training and resources for underrepresented candidates in the telecom industry. These initiatives underline the company’s commitment to equity and diversity.
T-Mobile (NASDAQ: TMUS) has invested nearly $3 billion in the FCC’s Auction 110, acquiring mid-band 3.45 GHz spectrum to enhance its 5G network. This acquisition will cover areas with 184 million people, strengthening T-Mobile's Ultra Capacity 5G network. CEO Neville Ray highlighted that this move sets them apart from competitors like Verizon and AT&T, as they continue to expand coverage to 260 million people in 2023. T-Mobile’s 5G network is already the largest in the U.S., covering 310 million people and nearly twice the size of AT&T’s network.
T-Mobile has launched the True Name feature for T-Mobile MONEY, allowing customers to display their chosen name on debit cards. This initiative supports transgender and non-binary customers, who often face challenges when their cards don’t reflect their true identity. New and existing customers can easily request a new card via the T-Mobile MONEY app or website. T-Mobile's commitment to inclusivity is further showcased by their perfect score on the Human Rights Campaign's Corporate Equality Index for ten consecutive years.
T-Mobile (NASDAQ: TMUS) has achieved its goal of sourcing 100% of its electricity from renewable energy, becoming the first U.S. wireless provider to do so. This milestone, met ahead of schedule, was supported by renewable energy investments including eight virtual power agreements and multiple solar projects. T-Mobile's initiatives include powering its 5G network with clean energy, contributing over 3.4 million MWh annually, supporting 37 community solar projects, and improving energy conservation measures across its operations, showcasing its commitment to sustainability.
Opensignal’s January 2022 5G Experience Report reveals that T-Mobile (NASDAQ: TMUS) outperforms competitors in 5G speeds and availability.
T-Mobile now boasts an average 5G download speed of 150 Mbps, more than 2.5 times faster than Verizon and over 3 times faster than AT&T.
T-Mobile leads in both 5G reach and availability, with users connected to 5G twice as often as AT&T customers and three times more than Verizon customers.
The report reinforces T-Mobile's position as the most awarded 5G network in the U.S.
T-Mobile US (TMUS) will release its fourth quarter and full year 2021 financial results on February 2, 2022 at 4:30 p.m. EST. The call will feature Mike Sievert, president & CEO, and Peter Osvaldik, EVP & CFO. Investors can join via phone or webcast available at the company's Investor Relations site. The earnings release and Investor Factbook will be accessible from 4:05 p.m. EST the same day. Participants can submit questions via Twitter using $TMUS. A replay of the earnings call will be available for two weeks after the event.
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