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 US (TMUS) reported exceptional Q3 2020 results, achieving record highs in customer growth with 2,035,000 total net additions, including 1,979,000 postpaid net additions. The company reached a milestone of 100.4 million total customers and reported total revenues of $19.3 billion and net income of $1.3 billion. T-Mobile is raising its guidance for profitability and cash flow for H2 2020 due to stronger-than-expected merger synergies, anticipating over $1.2 billion in 2020. Additionally, it boasts the largest 5G network in the U.S., covering 270 million people.
T-Mobile (TMUS) has announced the launch of the LG Wing 5G smartphone, available starting November 6. To celebrate, customers can get a second LG Wing for free after 24 months of bill credits, without needing to add a line or trade in. The device features dual screens and taps into T-Mobile’s extensive 5G network, covering 260 million people nationwide. The LG Wing is priced at $41.67/month or $999.99 retail. Customers benefit from T-Mobile's no-interest equipment installment plan, along with additional perks like Netflix on Us and robust customer service.
T-Mobile (NASDAQ: TMUS) has expanded its mid-band 5G network, nearly doubling the number of covered cities to 410. The new mid-band 2.5 GHz technology promises average speeds of 300 Mbps—7.5 times faster than average LTE—reaching peak speeds of 1 Gbps. T-Mobile aims to cover 100 million people with mid-band by year-end, enhancing its claim as America's largest 5G network, spanning over 1.4 million square miles. The company emphasizes its unique position, leveraging dedicated mid-band spectrum, which it argues outperforms competitors' offerings.
T-Mobile (NASDAQ: TMUS) has announced its latest Un-carrier move, introducing three streaming services: TVision LIVE, VIBE, and CHANNELS. Customers who sign up for TVision Live TV+ or Live Zone by December 31 will receive a year of Apple TV+ for free, along with the option to purchase Apple TV 4K for $99, an $80 discount after rebate. This initiative starts on November 1, enhancing T-Mobile's value proposition for TV fans and solidifying its competitive edge in the streaming market.
T-Mobile (NASDAQ: TMUS) has announced its latest Un-carrier initiative, introducing three streaming services: TVision LIVE, VIBE, and CHANNELS, along with the TVision HUB device, available nationwide from November 1. Customers can enjoy various packages, starting from $10/month, offering entertainment, news, and sports without the burdens of cable contracts. Notably, TVision services aim to disrupt the traditional cable market, providing choices with competitive pricing and user-friendly support through T-Mobile's customer service.
T-Mobile (NASDAQ: TMUS) has launched T-Mobile Ventures, a multi-year investment fund aimed at fostering 5G innovation by supporting early and emerging growth companies. This initiative will enhance T-Mobile's network and engineering expertise while providing necessary funding and infrastructure. The focus areas include Edge Compute, Security, the Future of Work, and Industrial IoT. With the largest 5G network covering over 260 million people, T-Mobile is committed to enabling transformative 5G applications and services.
T-Mobile (NASDAQ: TMUS) bolsters its support for youth by increasing its donation to the Little League Call Up Grant Program, contributing $10,000 per home run hit during the World Series. The initiative aims to assist families facing financial difficulties, allowing children to participate in local leagues. Additionally, for each text sent to support this cause, T-Mobile will donate $5, up to $2 million. T-Mobile also highlights its advanced 5G network, now covering 260 million people, enabling unique fan experiences during the World Series through enhanced livestreaming capabilities.
T-Mobile USA, a subsidiary of T-Mobile, plans to sell $1 billion of Senior Secured Notes due 2031, $1.25 billion of Senior Secured Notes due 2041, $1.5 billion of Senior Secured Notes due 2051, and $1 billion of Senior Secured Notes due 2060. The offering will close on October 28, 2020, subject to customary conditions. Proceeds will fund general corporate purposes, including spectrum acquisitions and debt refinancing. The Notes will not be registered under the Securities Act, thus limiting their sale to qualified institutional buyers.
T-Mobile (NASDAQ: TMUS) has been confirmed as the leader in 5G coverage according to new data from Ookla, showing its customers receive a 5G signal 3 times more often than AT&T and 90 times more than Verizon. With a 5G network covering 260 million people in over 7,500 locations, T-Mobile's mid-band 5G delivers average speeds of 300 Mbps and peak speeds of 1 Gbps. The company is building 5G on dedicated spectrum, unlike its competitors, which share bandwidth between 5G and LTE, potentially impacting their speed performance.
T-Mobile (NASDAQ: TMUS) has partnered with Major League Baseball to enhance fan engagement at the World Series with T-Mobile 5G BP, offering unprecedented access to batting practice through 5G technology. Utilizing high-definition cameras on the largest 5G network in America, fans will experience real-time, immersive views from the field. This innovative broadcast will be available on multiple platforms before Game One of the World Series. T-Mobile continues to expand its 5G network, enhancing coverage and speed for 260 million people across the U.S.
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