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) is launching the OnePlus Nord N10 5G and Nord N100 smartphones exclusively in the U.S. Customers can get the Nord N10 5G for free when adding a line. This marks the first time OnePlus devices will be available for prepaid users via Metro by T-Mobile, starting January 15. T-Mobile's 5G network covers over 270 million Americans, aiming to enhance customer value through affordable offerings. The Nord N10 5G features advanced display and battery capabilities, while the Nord N100 is designed for LTE connectivity.
T-Mobile US (NASDAQ: TMUS) has announced a definitive agreement to acquire the Sprint-branded wireless operating assets of Brookings Municipal Utilities (BMU) in South Dakota. This acquisition includes a network of cell sites, retail stores, and PCS spectrum, serving approximately 14,000 customers in the region. The deal aims to enhance T-Mobile's retail distribution and network coverage. The transaction is expected to close in Q1 2021, subject to customary conditions. T-Mobile's CEO, Mike Sievert, expressed enthusiasm about extending their services and expanding their presence in southeastern South Dakota and Western Iowa.
T-Mobile US (NASDAQ: TMUS) executives, including CEO Mike Sievert and CFO Peter Osvaldik, will present a business update on January 6, 2021, at 5:00 p.m. ET during the Citi 2021 Global TMT West Conference. The presentation will be accessible via a live webcast on the Company's Investor Relations website, with an on-demand replay available post-event. T-Mobile is known for its advanced 4G LTE and nationwide 5G network, committed to delivering superior service and fostering competition in the wireless industry.
T-Mobile (NASDAQ: TMUS) and Red Rose Transit Authority (RRTA) have partnered to provide free mobile Wi-Fi on all RRTA buses in Lancaster, enhancing commuter experience. This amenity allows riders to engage in activities like video chatting, streaming, and completing work or school projects while traveling. T-Mobile claims its extensive 4G LTE and 5G network will ensure robust connectivity, with recent upgrades improving overall network performance. The initiative aims to make Lancaster a smarter city by promoting connected public transportation.
T-Mobile (NASDAQ: TMUS) has been awarded a contract to provide Telecommunications Relay Service (TRS) and Captioned Telephone service (CapTel) in Texas, renewing its relationship with the Public Utilities Commission of Texas. This contract is effective December 1, 2020, and follows over 30 years of history with Sprint, which is now part of T-Mobile. The services aim to improve communication access for individuals who are Deaf or Hard of Hearing. T-Mobile is the largest provider of relay services, serving 37 states and the U.S. Federal Government.
T-Mobile (NASDAQ: TMUS) has launched new 911 capabilities, including Location-Based Routing and Next Generation 911 connectivity, aimed at improving emergency response times. Location-Based Routing reduces call transfers by up to 40% in certain areas, while Next Generation 911 transitions to an all-IP system for better information flow in emergencies. T-Mobile's extensive 5G network supports these innovations, contributing to enhanced public safety. The company is expanding these services nationwide, following previous initiatives like the rollout of the 988 emergency lifeline for mental health support.
T-Mobile (NASDAQ: TMUS) has partnered with The Drone Racing League (DRL) to enhance 5G-powered drone technology. This multi-year partnership involves T-Mobile Ventures investing in DRL, positioning T-Mobile as DRL's exclusive U.S. 5G Wireless partner. The collaboration aims to develop integrated 5G racing drones, enabling real-time streaming of DRL’s events. The partnership highlights T-Mobile's commitment to driving innovation in drone technology and sports, while DRL leverages T-Mobile's 5G capabilities to deliver immersive fan experiences.
Starting today, T-Mobile (NASDAQ: TMUS) unveils a series of holiday promotions featuring free 5G phones from Samsung and OnePlus. Customers can get devices like the OnePlus 8T+ 5G or Samsung Galaxy A71 5G for $0 with qualifying plans and trade-ins. Additional offers include $500 off selected Samsung 5G models and discounts on tablets and smartwatches. Metro customers are also eligible for promotional rates. For businesses, T-Mobile will provide up to $4,750 in credits when switching 10 lines. Enhanced 5G network coverage now reaches 270 million individuals.
T-Mobile (NASDAQ: TMUS) has announced the launch of industry-leading standalone hotspot plans, showcasing its strong 5G network capabilities. Starting December 13, customers can access 5GB of mobile data for $20/month, with an exceptional offer of 100GB for $50/month. T-Mobile's 5G network covers 270 million people across 1.4 million square miles, significantly outpacing competitors. The company is also releasing its first 5G hotspot device, the Inseego 5G MiFi M2000, designed to support up to 30 devices and provide up to 1 Gbps speeds, enhancing connectivity for users nationwide.
T-Mobile US (NASDAQ: TMUS) will be represented by Neville Ray, President of Technology, at the Oppenheimer 5G Summit on December 15, 2020, at 11:30 a.m. ET. The event will include a business update from T-Mobile. Investors can access a live webcast through the company's Investor Relations website, with a replay available shortly after the presentation concludes.
T-Mobile, known as America's supercharged Un-carrier, offers advanced 4G LTE and nationwide 5G services, focusing on customer satisfaction and competition in the wireless market.
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