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T-Mobile US (TMUS) Stock News, Jul-Aug 2022

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T-Mobile US, Inc. reports developments in U.S. wireless service, broadband connectivity and customer growth across its T-Mobile, Metro by T-Mobile and Mint Mobile brands. Company news commonly covers postpaid and prepaid plans, 5G network investments, fixed-wireless and business internet offerings, eSIM products for travelers, and enterprise connectivity tools.

Updates also address financial results, stockholder returns, investor presentations, sports and event connectivity deployments, network resilience for emergencies, and satellite-enabled services such as T-Satellite and Starlink-integrated business broadband. These items reflect T-Mobile’s operating focus on mobile subscribers, prepaid access, business connectivity and nationwide wireless network capacity.

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T-Mobile US (NASDAQ: TMUS) has achieved its first full investment grade rating after receiving ratings from three major credit agencies, including S&P Global Ratings. The company secured a BBB- rating with a positive outlook, marking a significant milestone in its operational and financial performance. This accomplishment reflects T-Mobile's continuous subscriber growth and increasing free cash flow. T-Mobile's CFO, Peter Osvaldik, emphasized that this rating allows the company better access to investment grade debt markets, enhancing its growth potential.

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T-Mobile US will present a business update on August 9, 2022, at 11:35 a.m. EDT, during the Oppenheimer 25th Annual Technology, Internet & Communications Conference.

The event will be available via live webcast on the T-Mobile Investor Relations website, with a replay to follow shortly after.

T-Mobile, based in Bellevue, Wash., continues to lead in providing reliable 4G LTE and 5G connectivity while ensuring the best service experience for customers.

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T-Mobile (NASDAQ: TMUS) has announced a significant enhancement to its services for first responders, making data priority automatic and free for agencies enrolled in the Wireless Priority Service (WPS). This initiative, in collaboration with the Department of Homeland Security's Cybersecurity and Infrastructure Security Agency, aids emergency responders during network congestion. T-Mobile commits to maintaining minimum performance levels during crises, ensuring vital communication remains uninterrupted. The program, part of T-Mobile's Connecting Heroes initiative, could save first responders up to $7 billion over ten years.

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T-Mobile (NASDAQ: TMUS) has been ranked first in J.D. Power's 2022 U.S. Wireless Customer Care Mobile Network Operator Performance Study for the 10th consecutive time, scoring 816 points—26 points above the average. This accolade reflects T-Mobile's commitment to exceptional customer experiences and efficient service across various platforms. The company is enhancing its Total Experience approach, aligning its teams to improve customer relations. T-Mobile's focus on quality service aims to strengthen bonds with existing customers and attract new ones.

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T-Mobile (TMUS) has launched the new REVVL 6 5G and REVVL 6 PRO 5G smartphones, aimed at providing affordable 5G options. Available from August 4, both devices boast strong features like high-resolution cameras, large batteries, and fast charging capabilities. The REVVL 6 starts at $169.99 and the REVVL 6 PRO at $219.99. T-Mobile assures customers of stable pricing through its Price Lock initiative, promising no increases in talk, text, and data costs. These devices were developed in collaboration with Google, enhancing user experience.

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T-Mobile US (TMUS) reported significant growth in Q2 2022, leading the industry with 380,000 postpaid net account additions, the highest in its history. Total postpaid customer additions reached 1.7 million, surpassing AT&T and Verizon combined. The company's service revenues increased by 6% year-over-year, totaling $15.3 billion, with a 9% growth in postpaid service revenue. Despite a net loss of $108 million due to merger costs, T-Mobile raised guidance across all financial metrics, supported by a robust 5G network covering 97% of Americans.

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T-Mobile (NASDAQ: TMUS) has launched significant back-to-school promotions, introducing the Alcatel JOY TAB KIDS 2 tablet, available for free with a qualifying tablet line. Customers can choose from over 10 FREE 5G smartphones and enjoy additional offers like the Samsung Galaxy Watch4 and Alcatel LINKZONE 2. Families switching to T-Mobile can save up to 20% monthly compared to AT&T and Verizon. This initiative emphasizes T-Mobile's commitment to providing affordable tech solutions for families while enhancing their 5G service offerings.

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T-Mobile (NASDAQ: TMUS) will begin pre-orders for the Google Pixel 6a on July 21, with official availability starting on July 28. Customers can acquire the Pixel 6a for free (valued at $450) with qualifying plans and bill credits over 24 months. Significant offers include $300 off with eligible device trade-in and additional benefits for business customers. The Pixel 6a features Google's Tensor chip, dual rear cameras, and a 4300 mAh battery. T-Mobile emphasizes its leading 5G network alongside exclusive Google One cloud storage options for customers.

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T-Mobile has launched the first and only wireless plan for small businesses that includes Apple Business Essentials alongside a new iPhone 13 for new lines. The Business Unlimited Ultimate+ for iPhone plan offers 200GB of high-speed hotspot data, unlimited talk, text, and premium smartphone data on T-Mobile's extensive 5G network for just $50 per month per line with six or more lines. This initiative comes as the U.S. sees a record number of new business applications, helping small businesses manage IT more efficiently.

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FAQ

What is the current stock price of T-Mobile US (TMUS)?

T-Mobile US (TMUS) last closed at $148.58.

What is the market cap of T-Mobile US (TMUS)?

The market cap of T-Mobile US (TMUS) is approximately $159.4B.