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.
Duke Energy Sustainable Solutions has commenced the commercial operation of the 182-MW Maryneal Windpower project in Nolan County, Texas. This project boosts Duke Energy's U.S. wind capacity to over 3,000 MW and is expected to supply renewable energy to more than 54,000 homes. T-Mobile signed a 12-year virtual power purchase agreement for 173.3 MW, aligning with its sustainability goals. The project also generated about 200 jobs during construction and will provide significant local tax revenues. Duke Energy aims for 16 GW of renewable energy by 2025 and 47 GW by 2050.
T-Mobile (NASDAQ: TMUS) is introducing the iPhone 12 mini on Us through Metro by T-Mobile, marking it as the first prepaid provider to offer this device starting July 22. Customers can acquire the phone for free after three months with a qualifying trade-in and activation on a $60/month unlimited plan. T-Mobile boasts that its 5G network covers 300 million people and plans to extend Ultra Capacity 5G to 200 million by year-end. The promotion includes unlimited data, Amazon Prime membership, and competitive pricing for single line options.
T-Mobile (NASDAQ: TMUS) is launching back-to-school deals starting July 23 for new and existing customers. Highlights include offering an iPhone 12 (or up to four) on Us with trade-ins and half-off family lines on the latest plans starting under $10/month. The company is donating $1 million to support teachers through DonorsChoose and continuing its Project 10Million initiative, which provides free internet and hotspots to eligible households. T-Mobile claims expanded 5G coverage, promising reliable connectivity as schools reopen.
T-Mobile US (TMUS) will discuss its second quarter 2021 financial and operational results on July 29, 2021, at 4:30 PM EDT. The earnings release, along with the Investor Factbook and related materials, will be available shortly before the call at 4:05 PM EDT on the company's Investor Relations website. Participants can join the call via phone or webcast, with a replay available for two weeks post-call. Investors are encouraged to follow T-Mobile’s social media for real-time updates and material disclosures.
T-Mobile (NASDAQ: TMUS) has achieved a significant milestone in consumer protection against scammers by completing the first wireless call that combines authenticated Caller ID and Rich Call Data (RCD) through the STIR/SHAKEN framework. This collaboration with several tech companies aims to enhance trust in caller identification, especially as U.S. consumers face over 52 billion robocalls this year. By delivering RCD, callers can display recognizable information such as a brand's logo, helping consumers identify important calls and reduce missed communications.
T-Mobile (NASDAQ: TMUS) has been confirmed as the leader in 5G by a new report from Ookla®, showcasing the fastest 5G speeds and the highest connection rates among competitors. T-Mobile outperformed all national mobile categories and achieved a 21% increase in median 5G download speeds, now averaging nearly 100 Mbps. Their coverage reaches 300 million people, with 150 million utilizing Ultra Capacity 5G capable of speeds up to 1 Gbps. T-Mobile's robust strategy emphasizes both extensive coverage and enhanced capacity, ensuring superior service quality for customers.
T-Mobile (NASDAQ: TMUS) has launched the T-Mobile Hometown Techover, a $3 million contest aimed at enhancing one American small town with a comprehensive tech upgrade. This includes a $200,000 grant, improvements to a Little League® field, and a free concert featuring Florida Georgia Line. Ten finalists, representing the essence of small-town America, will receive $50,000 each to support community projects. T-Mobile's commitment to rural areas extends to offering free 5G devices, broadband options, and a pledge of $25 million in small-town grants over five years.
T-Mobile (NASDAQ: TMUS) and Lumen Technologies (NYSE: LUMN) have enhanced their partnership to provide government agencies with a fixed wireless access service utilizing T-Mobile's 5G network and Lumen's edge computing platform. This service is now included in Lumen's offerings under the GSA's $50 billion Enterprise Infrastructure Solutions (EIS) program, aimed at meeting the critical needs of government agencies. Officials emphasized the need for scalable and secure networks for various applications, including emergency response and data access.
T-Mobile has announced it leads in 5G speed and availability, according to a new report from Opensignal based on real customer data. The report shows T-Mobile's average 5G download speeds increased by nearly 23% in the past three months and over 50% since January. T-Mobile’s 5G network covers 300 million people, with 92% of Interstate Highway miles, outperforming AT&T and Verizon. Additionally, T-Mobile has deployed Ultra Capacity 5G, reaching 150 million people, with plans to expand coverage to 200 million by year-end.
Halo has launched one of the first commercial driverless car services in the U.S., utilizing the T-Mobile (NASDAQ: TMUS) 5G network in Las Vegas. This service allows users to summon an all-electric driverless vehicle via a mobile app. Halo aims to enhance electric vehicle adoption and reduce traffic congestion while collaborating with municipalities. T-Mobile's 5G network boasts the largest and fastest coverage, crucial for autonomous vehicle technology. The partnership positions both companies at the forefront of a $2.5 trillion transportation market.
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