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.
T-Mobile US, Inc. (NASDAQ: TMUS) reported exceptional second quarter 2021 results, achieving 1.3 million postpaid net additions, the best in the industry. Total revenues reached $20.0 billion, with a 13% year-over-year growth. Service revenues grew by 10% to $14.5 billion. Net income soared to $978 million, an 8x increase compared to last year, translating to a diluted EPS of $0.78. The company raised its 2021 guidance for the second consecutive quarter, driven by robust customer growth and operational efficiencies.
T-Mobile (TMUS) has partnered with data services startup AstrumU to enhance its recruitment program aimed at military personnel and veterans. This initiative leverages data science to provide tailored career recommendations and support transitioning service members in finding roles within T-Mobile. The company aspires to hire 10,000 military veterans and their spouses by 2023, addressing talent shortages while facilitating career advancement for participants. The program aligns with the significant number of service members transitioning to civilian life annually.
T-Mobile has been recognized by J.D. Power as the top U.S. Wireless Customer Care Mobile Network Operator for the 22nd time, achieving a score of 819, which is 30 points above the segment average. Additionally, Metro by T-Mobile ranked number one in its category for the 10th time, scoring 811. This recognition highlights T-Mobile's commitment to customer service, particularly during the pandemic. The company is enhancing digital customer service capabilities and has reported an expected 40% increase in digital interactions.
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T-Mobile (NASDAQ: TMUS) introduces a new prepaid offer allowing customers to switch to Metro by T-Mobile for just $25/month with unlimited 5G included. This promotion starts July 29 and offers a free 5G phone with any trade-in. The plan significantly undercuts competitors like Boost and Cricket, which charge $50 and $55, respectively, for similar services. Metro promises to provide a more extensive 5G network for half the price, aiming to attract customers still on older plans.
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Duke Energy Sustainable Solutions has commenced the commercial operation of the 182-MW Maryneal Windpower project in Nolan County, Texas. This project boosts Duke Energy's U.S. wind capacity to over 3,000 MW and is expected to supply renewable energy to more than 54,000 homes. T-Mobile signed a 12-year virtual power purchase agreement for 173.3 MW, aligning with its sustainability goals. The project also generated about 200 jobs during construction and will provide significant local tax revenues. Duke Energy aims for 16 GW of renewable energy by 2025 and 47 GW by 2050.
T-Mobile (NASDAQ: TMUS) is introducing the iPhone 12 mini on Us through Metro by T-Mobile, marking it as the first prepaid provider to offer this device starting July 22. Customers can acquire the phone for free after three months with a qualifying trade-in and activation on a $60/month unlimited plan. T-Mobile boasts that its 5G network covers 300 million people and plans to extend Ultra Capacity 5G to 200 million by year-end. The promotion includes unlimited data, Amazon Prime membership, and competitive pricing for single line options.
T-Mobile (NASDAQ: TMUS) is launching back-to-school deals starting July 23 for new and existing customers. Highlights include offering an iPhone 12 (or up to four) on Us with trade-ins and half-off family lines on the latest plans starting under $10/month. The company is donating $1 million to support teachers through DonorsChoose and continuing its Project 10Million initiative, which provides free internet and hotspots to eligible households. T-Mobile claims expanded 5G coverage, promising reliable connectivity as schools reopen.
T-Mobile US (TMUS) will discuss its second quarter 2021 financial and operational results on July 29, 2021, at 4:30 PM EDT. The earnings release, along with the Investor Factbook and related materials, will be available shortly before the call at 4:05 PM EDT on the company's Investor Relations website. Participants can join the call via phone or webcast, with a replay available for two weeks post-call. Investors are encouraged to follow T-Mobile’s social media for real-time updates and material disclosures.