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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 shares six essential tips for maintaining device health during cold and flu season. The guidelines include: avoiding phone use in restrooms, regular device cleaning, proper battery maintenance, storage management, cybersecurity protection, and optimizing device settings for better sleep. The company emphasizes using T-Mobile's Scam Shield app for protection against cybercriminals and recommends manufacturer-approved accessories for device longevity. The guidance includes practical advice on battery conservation, storage optimization, and utilizing built-in features like blue light filters and Do Not Disturb mode.
Metro by T-Mobile introduces Apple Watch to its stores nationwide on November 7, offering a groundbreaking deal where customers can get Apple Watch SE and iPhone 12 together for $99.99 when switching to Metro and signing up for Metro Flex Plus with a smartwatch line. The offer includes Apple Watch Ultra 2, Apple Watch 10, and Apple Watch SE with no contracts, credit checks, or surprises. Customers can add a smartwatch line for $10/month with unlimited talk, text, and data, with no activation fees for a time. Metro Flex Plus subscribers receive benefits including Amazon Prime membership, T-Mobile Tuesdays perks, and unlimited 5G data on the nation's fastest prepaid network.
T-Mobile (NASDAQ: TMUS) announces major holiday deals offering up to $1,000 in savings on tech products from Google, Samsung, and Motorola. The promotion includes free smartphones for new and existing customers with qualifying plans, including Samsung Galaxy S24 and Google Pixel 9 Pro series. Customers can get four lines for $100/month with four free smartphones. The company is also offering a free Amazon Fire TV (valued at $249.99) for new 5G Home Internet subscribers. Additional deals include free smartwatches, tablets, and accessories with qualifying plans. Metro by T-Mobile customers can access special bundle deals including Samsung Galaxy devices.
T-Mobile (TMUS) has achieved a new world record in 5G uplink speed, reaching peak speeds of 2.2 Gbps using New Radio Dual Connectivity (5G DC) technology. The breakthrough was accomplished at SoFi Stadium in Southern California, in collaboration with Ericsson and Qualcomm. The test demonstrated T-Mobile's ability to aggregate 2.5 GHz and mmWave spectrum, allocating 60% of mmWave radio resources for uplink compared to the typical 20%. This advancement is particularly significant for enhancing user experiences at crowded events, supporting live streaming, mobile gaming, and extended reality applications. T-Mobile's 5G network currently covers over 330 million people across two million square miles, with Ultra Capacity 5G reaching more than 300 million people.
T-Mobile highlights veteran employment initiatives and interview strategies as part of Veterans Day celebrations. The company successfully completed its 2018 initiative to hire 10,000 veterans and military spouses by 2023. Four T-Mobile veteran employees share key insights for military-to-civilian career transitions, including: leveraging AI tools to translate military experience, preparing situation-behavior-impact stories, and utilizing veteran support networks. The company has donated over $2 million to military and veteran initiatives since 2020 and recently announced a $200K donation to The Mission Continues organization.
Mint Mobile has launched Mint Kids, a new wireless plan specifically designed for children. The plan offers unlimited talk and text plus 5GB of data for $15/month on T-Mobile's 5G network. Features include parental controls for data usage monitoring, no contracts, and flexible modification options. The plan includes free roaming in Canada (up to 3GB), free calling to Mexico and Canada, free mobile hotspot, and Wi-Fi calling. The service requires an upfront payment of $45 for a 3-month plan at the introductory rate, with full-price options available afterward. The plan will be available online and at Target starting next month.
T-Mobile (TMUS) reported outstanding Q3 2024 results with industry-leading growth across all key metrics. The company achieved its highest Q3 postpaid phone net additions in a decade with 865,000 new customers and lowest Q3 postpaid phone churn at 0.86%. Financial highlights include: service revenues up 5% YoY to $16.7B, net income growing 43% YoY to $3.1B, and record Adjusted Free Cash Flow of $5.2B, up 29% YoY. The company reached 6 million broadband customers and returned $1.4B to stockholders in Q3. Following these strong results, T-Mobile raised its full-year 2024 guidance across all metrics.
T-Mobile has provided an update on its response efforts following Hurricanes Helene and Milton in the Southeast states. The company reports that its operations are almost completely back to normal, with the network fully operating and all stores open. Key response efforts include:
- Activated over 600 emergency crew members
- Recovered 96% of network sites within 72 hours
- Deployed over 800 generators and connectivity solutions
- Provided free Wi-Fi to over 17,000 people at 46 Red Cross shelters
- Conducted 121,000 antenna tilts to optimize coverage
- Deployed drones to assist local law enforcement
T-Mobile is encouraging donations to the American Red Cross and is matching employee donations 2:1 through Benevity.
T-Mobile and Miller Electric Company have announced a collaboration to implement a 5G private network for autonomous vehicles (AVs) in Jacksonville, Florida. The project, part of the city's Ultimate Urban Circulator program, will connect a fleet of fully autonomous shuttles along a 3-mile stretch from EverBank Stadium to the new waterfront hub.
The T-Mobile 5G private network will provide secure, reliable two-way communications between the shuttles and the command center, including real-time telemetry data and audio/video feeds. This technology is important for smart city initiatives like AVs, offering advantages over solutions such as Wi-Fi.
The autonomous shuttles are expected to be operational by mid-2025, representing the first of three phases in Jacksonville's Urban Circulator plan. This initial phase will serve as a foundation for expanding automated shuttles to connect adjoining neighborhoods.
T-Mobile US, Inc. (NASDAQ: TMUS) has announced that its wholly-owned subsidiary, Sprint , will redeem the full $1,500,000,000 outstanding aggregate principal amount of its 7.625% Notes due February 15, 2025 (CUSIP No. 85207U AJ4). The redemption will take place on November 15, 2024, at a redemption price equal to 100% of the principal amount, plus accrued but unpaid interest up to, but not including, the redemption date.
The redemption payment will be processed through The Depository Trust Company facilities. The Bank of New York Mellon Trust Company, N.A. serves as the trustee and paying agent for the notes. T-Mobile clarifies that this press release does not constitute a formal notice of redemption or an offer to sell or buy securities.
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