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 announced its latest Hometown Grant recipients, contributing to community revitalization projects across 300 towns in 47 states, including Rhode Island for the first time. Each of the 25 new recipients will receive up to $50,000 to enhance local developments, such as building playgrounds, supporting small businesses, and beautifying downtown areas. Since its inception in April 2021, the Hometown Grants program has donated over $13 million and generated more than 78,000 volunteer hours. T-Mobile also supports small businesses through additional funding and offers connectivity solutions like Project 10Million and its 5G network.
T-Mobile has announced its partnership with PGA of America to bring 5G innovations to the KPMG Women’s PGA Championship at Sahalee Country Club from June 20-23. The company will enhance the event with real-time player tracking, more live broadcast views, and enhanced on-site experiences. T-Mobile's 5G technology will facilitate real-time scoring, shot trails, and augmented reality experiences through the KPMG CHAMPCAST and T-Mobile Club Magenta. NBC Sports will also utilize more 5G-connected cameras for better coverage. Additionally, T-Mobile sponsors golfers Nelly Korda and Brooke Henderson to promote the event.
T-Mobile US announced a cash dividend of $0.65 per share on its common stock, payable on September 12, 2024, to stockholders of record as of August 30, 2024.
This marks a significant move aimed at rewarding its shareholders.
T-Mobile continues to leverage its advanced 4G LTE and 5G networks to provide high-quality and valuable services through its brands, including T-Mobile, Metro by T-Mobile, and Mint Mobile.
Uber Advertising has announced an exclusive partnership with T-Mobile Advertising Solutions, leveraging T-Mobile's rideshare media network, Octopus Interactive. This partnership will expand Uber's JourneyTV to over 50,000 video screens in rideshare vehicles across the U.S. in 2023. JourneyTV provides live trip maps, personalized recommendations, and relevant interactive ads. Uber ads have a 98% completion rate, with 74% of riders showing interest in offers displayed during trips. This partnership aims to offer advertisers a unique way to connect with tech-savvy, high-income audiences.
T-Mobile (NASDAQ: TMUS) has announced a donation of $50,000 to five nonprofit organizations in Denver and Colorado Springs. Each organization, including Care and Share Food Bank for Southern Colorado, Children’s Hospital Colorado, Heartspace Kids, Hero’s Puppy for Life, and MaxFund Animal Adoption Center, will receive $10,000 to support their programs.
These donations are part of T-Mobile's Difference Maker Award, a program recognizing top-performing employees who chose the recipient nonprofits. This initiative has led to a total contribution of $250,000 since its inception. Additionally, T-Mobile's Hometown Grants program and Project 10Million, aimed at closing the digital divide, have significantly impacted Colorado's communities.
T-Mobile has been awarded a $2.67 billion 10-year Spiral 4 contract by the U.S. Department of the Navy. This contract allows all Department of Defense agencies to order wireless services and equipment from T-Mobile. The agreement includes voice, data, fixed wireless solutions, Internet of Things, and mobility management solutions, leveraging T-Mobile's 5G network. This contract replaces the previous Spiral 3 iteration and highlights T-Mobile's growth in government operations services since 2017. Notable initiatives include 5G Advanced Network Solutions and Government Internet, enhancing communication reliability for military and federal agencies.
T-Mobile (NASDAQ: TMUS) will discuss its Q2 2024 financial results on July 31, 2024, at 8:00 a.m. EDT. The call, accessible via dial-in and webcast, will precede the earnings release and related materials available from 7:00 a.m. EDT on the company's Investor Relations website. Participants can pre-register for dial-in access, and the call will be replayable via the same site. T-Mobile uses various channels, including social media and its Investor Relations site, to disclose material information. The company continues to innovate in the wireless market, providing advanced 4G LTE and 5G networks through brands like T-Mobile, Metro by T-Mobile, and Mint Mobile.
T-Mobile's 2023 Corporate Responsibility Report, released on June 6, 2024, outlines the company’s commitment to leveraging its network, scale, and resources to foster a more connected, equitable, and sustainable future. Highlights include a pioneering net-zero goal and initiatives like Project 10Million, which connected hundreds of thousands of students to the internet. The company is investing in communities through nonprofit partnerships, employee giving programs, and hiring initiatives. T-Mobile's 5G network continues to provide affordable and accessible connectivity, while the company focuses on breaking barriers to career opportunities, fostering a diverse and skilled workforce, and pursuing sustainable solutions. The report emphasizes T-Mobile's strategic approach to corporate responsibility, aimed at benefiting business operations, technology advancements, and community development.
T-Mobile has launched Home Internet Backup, a new plan offering a reliable 5G internet connection for traditional ISP customers during outages. Available from June 6 in stores and online, the plan costs $30 per month with AutoPay or $20 for existing T-Mobile voice line customers. It includes 130 GB of 5G data monthly, sufficient for up to seven days of connectivity, and comes with a 5G gateway at no extra cost. The service aims to address the 20% of U.S. internet users experiencing frequent outages, providing a seamless switch to T-Mobile's 5G network during disruptions.
T-Mobile's 2023 Corporate Responsibility Report, shared by CEO Mike Sievert, highlights the company’s growth and significant achievements in connectivity. T-Mobile's 5G network now covers 98% of the U.S. population, connecting over 330 million people. The Project 10Million program has invested $6.4 billion to offer connectivity to nearly 6 million student households. The company also provided critical services during the Maui wildfires in 2023.
In 2023, T-Mobile, its foundation, and employees contributed over $1.5 billion to various initiatives and relief efforts. The company is committed to sustainability, using 100% renewable electricity and aiming for net-zero emissions by 2040. Sievert emphasizes T-Mobile’s mission to drive positive change and support communities.
FAQ
What is the current stock price of T-Mobile US (TMUS)?
What is the market cap of T-Mobile US (TMUS)?
What is T-Mobile US, Inc.?
Who owns T-Mobile US, Inc.?
How many customers does T-Mobile serve?
What significant mergers has T-Mobile undergone?
What market share does T-Mobile hold in the U.S.?
What additional services does T-Mobile offer?
When did T-Mobile enter the fixed-wireless broadband market?
What are some recent achievements of T-Mobile?
How does T-Mobile ensure customer satisfaction?
Where can I find the latest news about T-Mobile?
