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 (NASDAQ: TMUS) will announce its first quarter 2021 financial results on May 4, 2021, at 4:30 p.m. EDT. The earnings release and related materials will be available shortly before the call. Investors can access the earnings call via phone or webcast. A playback of the call will be accessible for two weeks after the event. T-Mobile continues to focus on offering advanced 4G LTE and nationwide 5G networks, prioritizing customer service and competition in the wireless market. For updates, investors are encouraged to monitor T-Mobile's investor relations website and social media channels.
T-Mobile (TMUS) has been recognized as the leader in 5G connectivity, according to a new report by Ookla. The report reveals that T-Mobile customers experience the fastest 5G speeds and the most consistent network performance. T-Mobile's Extended Range 5G currently covers 287 million people, while its Ultra Capacity 5G is set to reach 200 million people by the end of 2021. This positioning reflects T-Mobile's commitment to enhancing network capacity and reliability, solidifying its status as America's largest and fastest 5G network.
T-Mobile US, Inc. (NASDAQ: TMUS) has nominated Bavan M. Holloway to its board of directors, expected to join after the annual stockholders meeting on June 3, 2021. Holloway brings over 30 years of finance and audit experience, including previous roles at Boeing and KPMG. Lawrence H. Guffey will not seek re-election, and Stephen Kappes has resigned from the board. T-Mobile's leadership expressed confidence in Holloway's ability to contribute to the company's growth as the Un-carrier continues its innovative journey.
T-Mobile has launched its Hometown Techover contest to invest in rural America by providing upgraded 5G services and new job opportunities. The initiative includes a $3 million community grant program, the refurbishment of a Little League field, free wireless service for 100 households, and the introduction of T-Mobile Home Internet for 10 million rural households. T-Mobile aims to bridge the digital divide in rural areas, leveraging its recent merger with Sprint to enhance its 5G network coverage. The contest runs from April 8 to May 7, 2021.
T-Mobile (NASDAQ: TMUS) has launched its latest Un-carrier initiative, the Great Free 5G Phone Upgrade, as part of the #5GforAll campaign. This promotion offers customers a free iPhone 12 when trading in an iPhone 11, or half-off the iPhone 12 with older models. Available from April 18 to May 1, the initiative aims to encourage 5G adoption among the 92% of Americans without a 5G phone. Customers must complete 24 months of bill credits to receive the device, with potential charges if they cancel early.
T-Mobile (NASDAQ: TMUS) has launched a new initiative dubbed #5GforAll, aimed at enhancing 5G accessibility across America. Key features include:
- The Great Free 5G Phone Upgrade: All Americans can trade in any working phone for a free 5G smartphone.
- The Great Unlimited Trade-Up: 60 million customers on limited data plans can switch to unlimited 5G data at competitive pricing.
- T-Mobile Home Internet: Affordable fixed wireless broadband is now available to over 30 million households.
- T-Mobile Hometown: The plan includes creating 7,500 jobs and $25 million in grants for rural community development.
T-Mobile (NASDAQ: TMUS) has announced the upcoming launch of four new Samsung smartphones, including the exclusive Galaxy A32 5G and A52 5G. These devices will be available at T-Mobile and Metro by T-Mobile starting April 9. T-Mobile continues to expand its 5G network, now covering 287 million people, with Ultra Capacity 5G delivering speed up to 1 Gbps. The Magenta MAX plan, offering unlimited Premium Data for both 4G and 5G, has also been introduced, enhancing customer benefits.
T-Mobile (NASDAQ: TMUS) and Lumen Technologies (NYSE: LUMN) are enhancing their collaboration to integrate T-Mobile's 5G network with Lumen's Edge Computing platform. This partnership aims to enable enterprises to build and scale applications across numerous locations, leveraging Lumen's fiber network and T-Mobile’s connectivity. As a result, T-Mobile will serve as Lumen's preferred wireless connectivity partner, ensuring enterprises benefit from a more flexible and reliable network solution.
T-Mobile (NASDAQ: TMUS) has launched the 2021 T-Mobile Accelerator Spring Immersive Technology Program, aiming to drive innovation in 5G technology. Over the next three months, selected startups will collaborate with T-Mobile experts to develop applications in areas such as AR wearables, holographic communication, and immersive virtual learning. The program has previously helped 67 startups raise nearly $80 million, with 82% still operating. T-Mobile's 5G network covers 287 million people and supports various use cases, highlighting its leadership in the 5G landscape.
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