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T-Mobile US, Inc. - TMUS STOCK NEWS

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.

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T-Mobile has unveiled the Big Fee Deal, reducing the monthly cost of its Home Internet service by $10 to $50, with no additional fees. This initiative addresses the more than $9 billion Americans spent on fees to landline ISPs last year. T-Mobile aims to make affordable and reliable internet more accessible, especially for over 42 million people who lack broadband access. Users can enjoy flat rate pricing with no annual contracts and easy setup, directly challenging the traditional ISP model.

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T-Mobile has announced a commitment of $25 million in Hometown Grants over the next five years to support community development in 25 small towns across America. This initiative aims to enhance rural America by creating job opportunities and improving local amenities, including parks and public spaces. T-Mobile plans to hire 7,500 new employees and previously awarded a $3 million prize to Woodstock, Illinois, recognized as the first Hometown Techover winner.

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T-Mobile has expanded its Home Internet service to 51 cities across Florida, Georgia, North Carolina, and South Carolina, significantly increasing access to affordable broadband for millions. With over 30 million eligible households, T-Mobile aims to provide high-speed internet where traditional ISPs have fallen short, reaching areas with limited broadband choices. Customers enjoy a flat rate with no hidden fees, making it an attractive option in a market struggling with high prices and poor service. A limited-time offer reduces monthly costs by $10 for new subscribers.

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T-Mobile's 5G network has been recognized as the best globally, according to Opensignal's latest report. Un-carrier customers enjoy the highest 5G signal availability and fastest speeds in the U.S. T-Mobile is the only U.S. operator to receive a 5G Global Winner Award. The company's Extended Range 5G covers 1.7 million square miles, reaching 305 million people, while 165 million are covered by Ultra Capacity 5G. T-Mobile's differentiated 5G strategy leads the market, showcasing its commitment to customer experience and network reliability.

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T-Mobile US (NASDAQ: TMUS) announces the appointment of Mark W. Nelson as executive vice president and general counsel, effective October 11, 2021, succeeding David Miller, who retires on April 1, 2022 after 26 years. Nelson, a highly regarded attorney in regulatory and antitrust matters, has a significant history with T-Mobile, having advised on key mergers, including the Sprint merger. The company also appointed Broady Hodder as corporate secretary, managing corporate governance. CEO Mike Sievert expressed confidence in Nelson's ability to lead during T-Mobile’s growth.

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T-Mobile (NASDAQ: TMUS) has announced the launch of same-day in-store device repairs at 500 locations starting on November 1, 2021. This initiative marks the first time the company offers in-store repairs, with plans for expansion across major cities. Additionally, T-Mobile's Protection360® will increase coverage to five claims per year, surpassing the industry standard of three. For just $7 monthly, customers receive extensive protection, including accidental damage and theft coverage.

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T-Mobile US, Inc. (NASDAQ: TMUS) will present a business update at the Goldman Sachs 30th Annual Communacopia Conference on September 22, 2021, at 1:15 p.m. EDT. CEO Mike Sievert will lead the presentation, which will be available via live webcast on the company's Investor Relations website. An on-demand replay will be provided post-event. T-Mobile's commitment to delivering superior 4G LTE and 5G services reflects its aim to enhance connectivity and drive competition in the wireless industry.

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T-Mobile has partnered with Visual Labs to offer an affordable body-worn camera solution through its Connecting Heroes program. This initiative allows first responders to transform smartphones into body cameras and communication tools, addressing the high costs of traditional body cameras—typically thousands per unit. T-Mobile's solution costs as little as $45/month per device and includes secure cloud storage for evidence management. The program aims to support public safety agencies and potentially save them up to $7 billion while enhancing safety and transparency.

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T-Mobile (NASDAQ: TMUS) has launched an innovative 'Forever Upgrade' program allowing customers to get a free iPhone 13 and up to $800 off future iPhone purchases every two years. Customers can pre-order the new iPhone lineup starting September 17, with availability beginning September 24. The iPhone 13 series supports T-Mobile’s Ultra Capacity 5G, significantly enhancing connectivity. This initiative aims to provide long-term value to customers, marking a significant step in the wireless industry.

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T-Mobile is expanding its retail presence by launching services in over 2,300 Walmart locations and on Walmart.com starting October 18. This move more than doubles its footprint in large national retailers, providing customers with increased access to its 5G network. T-Mobile aims to enhance competition and choice in wireless services across the U.S., with a focus on affordable, fast, and reliable connectivity. The expansion includes Metro by T-Mobile offerings, such as unlimited plans and affordable 5G devices.

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FAQ

What is the current stock price of T-Mobile US (TMUS)?

The current stock price of T-Mobile US (TMUS) is $246.2 as of November 28, 2024.

What is the market cap of T-Mobile US (TMUS)?

The market cap of T-Mobile US (TMUS) is approximately 285.7B.

What is T-Mobile US, Inc.?

T-Mobile US, Inc. is a major American wireless network operator, headquartered in Kansas and Washington, majority-owned by Deutsche Telekom AG.

Who owns T-Mobile US, Inc.?

The largest shareholder of T-Mobile US, Inc. is Deutsche Telekom AG, holding a 53.3% stake as of April 2023.

How many customers does T-Mobile serve?

T-Mobile serves 77 million postpaid and 21 million prepaid phone customers.

What significant mergers has T-Mobile undergone?

T-Mobile merged with MetroPCS in 2013 and Sprint in 2020.

What market share does T-Mobile hold in the U.S.?

T-Mobile holds approximately 30% of the U.S. retail wireless market.

What additional services does T-Mobile offer?

T-Mobile offers fixed-wireless broadband services to over 5 million residential and business customers and provides wholesale services to resellers.

When did T-Mobile enter the fixed-wireless broadband market?

T-Mobile entered the fixed-wireless broadband market aggressively in 2021.

What are some recent achievements of T-Mobile?

Recent achievements include the nationwide rollout of 5G services and partnerships to enhance network capabilities.

How does T-Mobile ensure customer satisfaction?

T-Mobile focuses on customer-centric innovations and excellent customer service to ensure satisfaction.

Where can I find the latest news about T-Mobile?

You can find the latest updates, news, and information about T-Mobile on their official website and major financial news outlets.

T-Mobile US, Inc.

Nasdaq:TMUS

TMUS Rankings

TMUS Stock Data

285.71B
474.00M
59.15%
39.25%
1.19%
Telecom Services
Radiotelephone Communications
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United States of America
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