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 (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.
T-Mobile (NASDAQ: TMUS) is enhancing the fan experience during the MLB All-Star Week, particularly at the T-Mobile Home Run Derby. Fans can use the new MLB AR app for immersive augmented reality interactions. Additionally, the company will deploy 5G-integrated POV cameras to provide a unique perspective during the event. T-Mobile is donating $10,000 per home run hit with a magenta ball to the T-Mobile Little League Call Up Grant Program, aiming to support families with registration costs.
T-Mobile US (NASDAQ: TMUS) has become the first wireless provider to earn the WELL Health-Safety seal, validating its commitment to health and safety in over 3,200 retail stores and customer experience centers covering nearly 16 million square feet. The rating was granted after third-party experts verified T-Mobile's stringent policies on sanitation, air filtration, and emergency preparedness, along with provisions for additional sick leave and vaccinations. This initiative aims to foster a healthier return to in-person interactions for customers and employees.
T-Mobile (NASDAQ: TMUS) has successfully filed a certification of compliance for STIR/SHAKEN implementation in the FCC's Robocall Mitigation Database, ensuring that all calls from its network are 100% compliant. This certification reinforces T-Mobile's commitment to combating number spoofing and protecting customers from scams. T-Mobile has partnered with major networks, representing approximately 98% of U.S. wireless customers, and offers tools like Scam Shield for enhanced call verification. The company continues to lead in providing comprehensive scam protection for its customers.
T-Mobile (NASDAQ: TMUS) announced that starting June 29, customers can reserve exclusive tickets to numerous Live Nation amphitheater shows and Las Vegas residencies through T-Mobile Tuesdays. Each eligible customer can secure up to four premium tickets at first-day prices for popular concerts. Customers also enjoy benefits such as express entry and dedicated concession lines. T-Mobile Tuesdays, which has saved customers over $500 million in the last five years, provides these rewards weekly without the complexities of traditional loyalty programs.
T-Mobile US (NASDAQ: TMUS) has appointed Letitia A. “Tish” Long to its Board of Directors, effective June 22, 2021. Long, who brings nearly 40 years of experience in security and intelligence, will also serve as the National Security Director, contributing to the company’s national security strategies post-merger with Sprint. Formerly the director of the National Geospatial-Intelligence Agency, she has held key positions within U.S. intelligence agencies. T-Mobile's leadership expressed confidence in Long’s ability to enhance corporate governance and security measures.
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