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T-Mobile US (TMUS) is a leading force in wireless communications, delivering innovative 5G solutions and connectivity services to millions of customers. This page provides investors and industry observers with a comprehensive repository of official announcements, strategic developments, and operational updates directly from the company.
Access real-time insights into TMUS's financial performance, including quarterly earnings reports and merger activity. Stay informed on critical initiatives like network expansion projects, technology partnerships, and advancements in emergency communication systems. All content is sourced from verified press releases and reputable financial publications.
Key updates on TMUS's market leadership in 5G deployment, fixed-wireless broadband growth, and consumer-focused innovations. Track regulatory filings, infrastructure investments, and wholesale service expansions that shape the company's position in the telecommunications sector.
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T-Mobile is partnering with Prisms VR to connect virtual reality (VR) headsets to its leading 5G network, enhancing education in STEM subjects for students nationwide.
This collaboration aims to bridge the digital divide, as over 19 million people in the U.S. lack adequate internet access. The initiative will roll out in 11 school districts in rural Michigan, enabling thousands of students to access interactive lessons that integrate VR technology. The partnership follows T-Mobile's previous support for Prisms VR, including $425,000 in funding for VR headsets, which have already shown improved student engagement.
T-Mobile (NASDAQ:TMUS) has been selected by AAA as its exclusive wireless partner for roadside assistance fleets. This long-term agreement enables T-Mobile to provide connectivity across AAA's nationwide operations, improving response times and safety for drivers in distress. T-Mobile will equip AAA technicians with 5G smartphones and advanced connectivity tools, enhancing fleet management through real-time data on driver behavior and vehicle diagnostics. AAA serves over 63 million members and responds to around 30 million roadside assistance calls yearly. This partnership aims to ensure rapid assistance, reducing the risk of secondary accidents on busy highways.
T-Mobile (NASDAQ: TMUS) has announced a $1 million contribution towards the Smithsonian National Museum of Natural History’s upcoming exhibition, Cellphone: Unseen Connections, set to open on June 23 in Washington, D.C. The exhibit will explore the historical and cultural significance of wireless connectivity. This initiative aligns with T-Mobile's commitment to STEM education and its broader community support programs, including Project 10Million and the Changemaker Challenge, all aimed at enhancing technology access and education for underserved populations.
T-Mobile (NASDAQ: TMUS) has been selected by AAA as its exclusive wireless partner for its roadside assistance fleet. This long-term agreement will ensure nationwide connectivity for AAA's roadside services, utilizing T-Mobile's extensive 5G network. AAA's partnership aims to enhance response times and improve safety for its 63 million members, who make approximately 30 million roadside assistance calls each year. The initiative includes outfitting AAA technicians with 5G phones and in-vehicle tablets for real-time access to critical tools and information. This collaboration emphasizes safety and efficiency in the transportation and logistics sectors.
T-Mobile US (NASDAQ: TMUS) announced the expiration and results of consent solicitations conducted by its subsidiaries, Sprint LLC and Sprint Capital Corporation, on March 17, 2023. Sprint received necessary consents for amendments to its senior notes indenture, affecting 7.875% Notes due 2023, 7.125% Notes due 2024, 7.625% Notes due 2025, and 7.625% Notes due 2026, while SCC received consents for amendments to its SCC Notes due 2028 and 2032. Cash payments of $1.00 per $1,000 of principal will be made to consenting noteholders, expected by March 20, 2023. These actions relate to a Membership Interest Purchase Agreement with Cogent Infrastructure for Sprint's Wireline Business.
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T-Mobile US (NASDAQ: TMUS) has announced its acquisition of Ka’ena Corporation, which includes brands Mint Mobile and Ultra Mobile, for up to $1.35 billion, with 39% in cash and 61% in stock. This deal positions T-Mobile to leverage Mint's digital marketing expertise and expand its prepaid offerings, continuing to utilize its 5G network. The transaction is expected to close later this year and is anticipated to be slightly accretive to Core Adjusted EBITDA and Free Cash Flow.
T-Mobile US (TMUS) announced that its subsidiaries, Sprint LLC and Sprint Capital Corporation, have initiated consent solicitations regarding amendments to their existing note indentures. The Sprint Consent Solicitation pertains to changes affecting Sprint's senior notes, including 2023 to 2026 notes, while the SCC Consent Solicitation addresses amendments for SCC's 2028 and 2032 notes. Both solicitations relate to a Purchase Agreement involving Cogent Infrastructure's acquisition of Sprint's Wireline Business. Holders participating in the consent solicitation will receive a cash payment of $1.00 per $1,000 principal amount of notes for valid consents. The solicitations will expire on March 17, 2023.
T-Mobile is addressing the gender gap in tech careers, with only 3% of female students considering a tech career. According to Adeva, it will take until 2133 to close this gap. Initiatives like Women of Wearables, founded by Marija Butkovic, aim to support female innovators in the wearable tech industry. The femtech sector is growing, focusing on women's health through innovations in wearables. Technologies such as 5G are crucial for advancements in health-focused wearables. T-Mobile is actively enhancing inclusivity through programs supporting women in tech, aiming to inspire the next generation of female leaders.
T-Mobile (NASDAQ: TMUS) announced the availability of the new yellow iPhone 14 and iPhone 14 Plus, available for pre-order from March 10, 2023, and officially launched on March 14, 2023. This addition to the iPhone 14 lineup includes key features such as superfast 5G, a powerful dual-camera system, and safety capabilities like Emergency SOS via satellite and Crash Detection. The new color option expands choices for customers, emphasizing T-Mobile's commitment to offering the latest devices.
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