T Mobile Us Stock Price, News & Analysis

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.

T-Mobile has ramped up its disaster preparedness efforts for the 2024 hurricane and wildfire seasons. They have boosted network hardening by turning on new 2.5 GHz spectrum, adding more permanent backup power solutions, and increasing their fleet of response vehicles. T-Mobile is also launching a Community Support Advocates Program for specialized disaster response training.

New XL SatCOLTs and SatCOWs will be introduced later this year to enhance coverage and connectivity during disasters. The company has also been actively improving its nationwide infrastructure and engaging with government agencies and first responders for better disaster response and recovery.

Customers and communities can expect enhanced connectivity and support during emergencies, with T-Mobile's teams ready to deploy resources and offer aid.

T-Mobile (NASDAQ: TMUS) is celebrating the eighth anniversary of T-Mobile Tuesdays with a week of significant customer giveaways starting June 4. Customers can win prizes such as $80,000 in cash, $8,000 in Shell gas cards, a new Volkswagen, and more.

T-Mobile offers new perks like free 7-Eleven Slurpee drinks, $2 Little Caesars pizzas, and discounted MLB tickets.

In addition to the Thankiversary prizes, T-Mobile is providing ongoing perks through its Magenta Status, including discounted hotel stays, movie tickets, and exclusive concert access.

Since 2016, T-Mobile Tuesdays have given away over 1 billion perks, enhancing customer loyalty with meaningful rewards.

T-Mobile (NASDAQ: TMUS) has increased its disaster preparedness initiatives ahead of the 2024 hurricane and wildfire seasons. The company has enhanced its network resilience by activating new 2.5 GHz spectrum for almost 60 million customers, adding permanent backup power solutions like generators and batteries, expanding its fleet of emergency response vehicles, and launching a Community Support Advocates Program.

T-Mobile's network emergency assets have grown by 2.4 times in three years, with additional SatCOLTs, SatCOWs, and heavy-duty trucks. The new XL SatCOLTs and XL SatCOWs will be introduced later this year to provide extensive coverage and connectivity. Specialized disaster training is now available for employees through the Community Support Advocates Program.

The company continues to work with government agencies, public utilities, and other organizations to refine its disaster response strategies. T-Mobile's National Operations Centers monitor the network 24/7, ensuring robust service during emergencies.

Mike Sievert, CEO of T-Mobile, delivered a commencement speech to the MBA Class of 2024 at the Wharton School of the University of Pennsylvania. He shared four key lessons not typically taught in business school: taking risks, fostering relationships, amplifying successes, and the power of storytelling.

Sievert emphasized the importance of taking personal and professional risks, using his experiences at T-Mobile to illustrate how risk-taking can drive growth and innovation. He highlighted the company's growth from a $6 billion market cap to $195 billion.

He stressed the value of maintaining and nurturing relationships, recounting personal anecdotes to illustrate their long-term importance. Sievert advised focusing on areas of success and amplifying them rather than solely addressing problems.

Lastly, he underscored the significance of storytelling in business, suggesting that effective communication can advance careers and business objectives.

T-Mobile (NASDAQ: TMUS) announced its acquisition of UScellular’s wireless operations, including customers, stores, and certain spectrum assets. This move aims to enhance T-Mobile’s 5G network, especially in rural areas, offering improved connectivity and value-packed plans. The transaction, valued at approximately $4.4 billion, comprises cash and up to $2 billion of debt assumption. T-Mobile expects around $1 billion in annual cost synergies post-integration, with completion anticipated by mid-2025. The acquisition promises to spur competition, improve customer experiences, and expand T-Mobile's market reach.

T-Mobile's Magenta Giving Month in April 2024 saw employees volunteer over 21,000 hours and raise more than $2.6 million, surpassing last year's $2 million. The initiative empowered employees to contribute to 9,064 causes, ranging from education to environmental conservation, with $30 seed funding from the T-Mobile Foundation. Significant contributions included 349 units of blood donated to the American Red Cross and 11,780 STEM supplies packed for Boys & Girls Clubs. Recognized as a leader in corporate philanthropy, T-Mobile also participated in smaller initiatives like planting 157 trees and packing 7,000 meals. This comprehensive effort highlights T-Mobile's commitment to social good.

T-Mobile US, Inc. (NASDAQ: TMUS) announced that its CEO, Mike Sievert, will present at the J.P. Morgan Global Technology, Media and Communications Conference on May 21, 2024, at 1:05 p.m. EDT.

Sievert will provide a business update during the presentation. The event will be webcast live on T-Mobile's Investor Relations website, with an on-demand replay available post-event.

T-Mobile is known for its advanced 4G LTE and 5G networks, delivering reliable connectivity and competitive innovation. The company operates flagship brands T-Mobile and Metro by T-Mobile.

For more information and to receive financial news updates, visit T-Mobile’s Investor Relations website.