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 US (TMUS) will present a business update on September 14, 2021, at 4:10 p.m. EDT during the BofA 2021 Media, Communications and Entertainment Conference. The event will be available via live webcast on the Company’s Investor Relations website. An on-demand replay will be accessible shortly after the presentation. T-Mobile continues to enhance its 4G LTE and 5G networks, focusing on delivering reliable connectivity and exceptional service.
T-Mobile has been recognized for its superior 5G network performance in a recent report by umlaut. The analysis shows T-Mobile leads with an average 5G download speed of over 200 Mbps across four major markets: Norfolk, Indianapolis, Detroit, and San Bernardino/Riverside. In contrast, Verizon and AT&T averaged only 85 Mbps and 68 Mbps, respectively. T-Mobile also boasts a remarkable 95% 5G availability rate compared to 69% for AT&T and 58% for Verizon. This recognition follows a similar accolade from PCMag, further establishing T-Mobile’s dominance in the 5G sector.
T-Mobile has named Woodstock, Illinois as the inaugural T-Mobile Hometown Techover winner, awarding the town a
T-Mobile (NASDAQ: TMUS) has launched its Fall 2021 T-Mobile Accelerator Wellness Technology Program, aimed at fostering innovations in 5G health and fitness technology. Six startups are participating, including formsense, OLIVER, Shot Scope, SignGlasses, Somatix, and TRIPP. These companies focus on wearable tech and applications to enhance personal health. The program will run through early November 2021, culminating in a Demo Day. T-Mobile continues to lead in 5G connectivity, covering 305 million people and supporting various new product developments leveraging its extensive network.
T-Mobile (NASDAQ: TMUS) announced that all customers on Magenta and Magenta MAX plans, including existing Sprint Unlimited Plus and Premium customers, will receive a 12-month free Apple TV+ subscription starting August 25. This promotion comes as part of T-Mobile's initiative to enhance customer experience through award-winning content streaming. T-Mobile boasts the largest and fastest 5G network in the U.S., covering 305 million people, making it well-positioned for enhancing streaming options for its users.
T-Mobile is investigating a sophisticated cyberattack that compromised a significant amount of customer data. The breach involved the personal information of approximately 7.8 million postpaid customers and over 40 million former or prospective customers, including names, dates of birth, and Social Security Numbers. However, no financial or sensitive information like credit card or payment data was accessed. T-Mobile is offering two years of free identity protection services and has reset all exposed account PINs to enhance security.
T-Mobile (NASDAQ: TMUS) has launched the Samsung Galaxy Z Fold3 5G and Z Flip3 5G, offering new and existing customers, including small businesses, opportunities for significant discounts. Customers can get the Z Flip3 5G for FREE or up to $1000 off the Z Fold3 5G with eligible trade-ins. The devices are part of T-Mobile's extensive 5G network, which covers 305 million people across 1.7 million square miles. Customers can pre-order the devices now, with availability set for August 27.
T-Mobile USA, a wholly-owned subsidiary of T-Mobile US, has announced a private offering of $2 billion in Senior Secured Notes, consisting of $1.3 billion in 3.400% Notes due 2052 and $700 million in 3.600% Notes due 2060. The offering is expected to close on August 13, 2021, and the proceeds will be used to redeem existing 4.500% Senior Notes due 2026. Notably, these notes are sold under exemptions from the Securities Act, emphasizing their restricted nature and targeting qualified institutional buyers.
Peter Osvaldik, the CFO of T-Mobile US (NASDAQ: TMUS), will provide a business update on August 11, 2021, at 4:35 p.m. EDT during the Oppenheimer 24th Annual Technology, Internet & Communications conference. The event will be available via live webcast on T-Mobile's Investor Relations website. An on-demand replay will be accessible post-event. T-Mobile US continues to focus on enhancing its 4G LTE and nationwide 5G networks, aiming to deliver exceptional value and quality in wireless communications.
T-Mobile US plans to offer senior secured notes via a private offering exempt from Securities Act registration. The proceeds will redeem 4.500% Senior Notes due 2026 held by Deutsche Telekom AG. The notes are offered only to qualified institutional buyers under Rule 144A and Regulation S. This release does not constitute an offer to sell or buy the notes and includes cautionary forward-looking statements related to market conditions and uncertainties that may affect the offering.
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