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) 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.
T-Mobile (NASDAQ: TMUS) is spreading holiday cheer by offering free virtual Santa chats from December 10 to December 23. Families can schedule these video calls through SantaCalling.com, regardless of their current carrier. Customers will receive a recording of their chat for sharing. CEO Mike Sievert emphasizes the importance of maintaining holiday traditions despite social distancing. T-Mobile is also launching the #HolidayOn campaign, encouraging users to share experiences on social media.
T-Mobile US, Inc. (NASDAQ: TMUS) will present a business update on December 8, 2020, at 4:40 p.m. ET during the UBS Global TMT Conference. Mike Sievert, the CEO, will lead the presentation. A live webcast will be accessible on the company's Investor Relations website, with an on-demand replay available afterward. T-Mobile is recognized for its advanced 4G LTE and nationwide 5G networks, providing high-quality service and value to its customers. More information can be found at http://investor.t-mobile.com.
T-Mobile has launched a six-year Apprenticeship Program in Nevada, establishing ten paid roles in its Care and Technology teams. By the program's fourth year, T-Mobile will select 15 apprentices annually and intends to replicate this model in other states. This initiative, resulting from collaboration with the Nevada Attorney General's Office, aims to provide valuable skills and promote a diverse workforce. Participants will receive hands-on training, U.S. Department of Labor credentials, and mentorship opportunities. T-Mobile emphasizes its commitment to job creation and consumer service enhancement.
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