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. 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.
The Harris County Public Library (HCPL) has partnered with T-Mobile (NASDAQ: TMUS) and Google to initiate the HCPL Connected campaign, aimed at improving internet accessibility for Harris County residents. This initiative is funded by a $30 million grant from the Federal Emergency Connectivity Fund, the largest awarded to any library system. The program will provide 40,000 T-Mobile 5G hotspots and 15,000 Chromebook laptops for lending. Residents must have a HCPL card to borrow devices, enhancing digital literacy and access to resources in the community.
T-Mobile (NASDAQ: TMUS) has partnered with Nexamp to participate in a community solar program aimed at increasing clean energy availability. Under this long-term agreement, T-Mobile will subscribe to ten solar farms across Maine, Massachusetts, and New York, totaling over 50 MW of capacity. This initiative is aligned with T-Mobile's commitment to sustainability and reducing carbon emissions. The partnership is expected to provide significant savings through discounted electric bill credits for T-Mobile and local customers who subscribe.
T-Mobile (NASDAQ: TMUS) has invested over $100 million in expanding its 5G network in Los Angeles over the past 18 months. This enhancement now covers more than 95% of the Greater Los Angeles area, providing customers with improved coverage, capacity, and speed. Noteworthy upgrades include a state-of-the-art 5G system at SoFi Stadium, enabling peak download speeds of 1.5 Gbps. T-Mobile ranks as the leading provider for the fastest and most reliable 5G in the area, affirming its commitment to superior customer experience.
T-Mobile has been ranked #1 in the J.D. Power 2022 U.S. Wireless Customer Care Mobile Network Operator Performance Study–Volume 1, marking its ninth consecutive win and 23rd overall. With a score of 823, T-Mobile outperformed the segment average by 26 points and excelled in all categories, including phone and online services. This achievement reflects T-Mobile's commitment to customer care, reinforced by the successful implementation of its Team of Experts model, which prioritizes personalized service. Over 6,000 Care Experts have been hired to further enhance customer experience.
T-Mobile US (TMUS) reported record-high postpaid account and customer growth for 2021, with net customer additions of 5.5 million. The company achieved a service revenue of $58.4 billion and net income of $3.0 billion for the year. Free cash flow nearly doubled year-over-year, totaling $5.6 billion. T-Mobile's 5G network covered 210 million people, and merger synergies totaled $3.8 billion. Looking ahead, T-Mobile expects continued growth in core adjusted EBITDA and free cash flow through 2022, reflecting a strong operational outlook.
T-Mobile (NASDAQ: TMUS) announces a $2.5 million donation on February 1 to support the Thurgood Marshall College Fund (TMCF) and its scholarship initiatives for students attending historically Black colleges and universities (HBCUs). This contribution is part of the Magenta Scholars program, which has now totaled $3 million in support since its inception. Additionally, T-Mobile is expanding its NextTech Diversity and Magenta Edge programs to enhance training and resources for underrepresented candidates in the telecom industry. These initiatives underline the company’s commitment to equity and diversity.
T-Mobile (NASDAQ: TMUS) has invested nearly $3 billion in the FCC’s Auction 110, acquiring mid-band 3.45 GHz spectrum to enhance its 5G network. This acquisition will cover areas with 184 million people, strengthening T-Mobile's Ultra Capacity 5G network. CEO Neville Ray highlighted that this move sets them apart from competitors like Verizon and AT&T, as they continue to expand coverage to 260 million people in 2023. T-Mobile’s 5G network is already the largest in the U.S., covering 310 million people and nearly twice the size of AT&T’s network.
T-Mobile has launched the True Name feature for T-Mobile MONEY, allowing customers to display their chosen name on debit cards. This initiative supports transgender and non-binary customers, who often face challenges when their cards don’t reflect their true identity. New and existing customers can easily request a new card via the T-Mobile MONEY app or website. T-Mobile's commitment to inclusivity is further showcased by their perfect score on the Human Rights Campaign's Corporate Equality Index for ten consecutive years.
T-Mobile (NASDAQ: TMUS) has achieved its goal of sourcing 100% of its electricity from renewable energy, becoming the first U.S. wireless provider to do so. This milestone, met ahead of schedule, was supported by renewable energy investments including eight virtual power agreements and multiple solar projects. T-Mobile's initiatives include powering its 5G network with clean energy, contributing over 3.4 million MWh annually, supporting 37 community solar projects, and improving energy conservation measures across its operations, showcasing its commitment to sustainability.
Opensignal’s January 2022 5G Experience Report reveals that T-Mobile (NASDAQ: TMUS) outperforms competitors in 5G speeds and availability.
T-Mobile now boasts an average 5G download speed of 150 Mbps, more than 2.5 times faster than Verizon and over 3 times faster than AT&T.
T-Mobile leads in both 5G reach and availability, with users connected to 5G twice as often as AT&T customers and three times more than Verizon customers.
The report reinforces T-Mobile's position as the most awarded 5G network in the U.S.