Here are the 10-K annual reports from T-Mobile US, Inc. 5.500% Senior Notes due March 2070 (TMUSZ) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow TMUSZ and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TMUSZ filings page.
T-Mobile US, Inc. files its Annual Report describing its 2025 business, strategy, and key risks. The company positions itself as America’s “Un‑carrier,” leveraging what it believes is the largest, fastest 5G network and a multilayer spectrum portfolio across low-, mid- and mmWave bands.
As of December 31, 2025, T-Mobile served 142.4 million postpaid and prepaid customers, with 2025 service revenues comprised of 81% postpaid, 15% prepaid, and 4% wholesale and other services. It offers wireless and broadband (including 5G fixed wireless and fiber) under brands such as T-Mobile, Metro by T-Mobile, Mint Mobile, and Ultra Mobile.
The company highlights network leadership, AI-enabled, digital-first customer experiences, and extensive spectrum holdings, including average control of 394 MHz of low- and mid-band and 1,059 GHz of mmWave spectrum, plus major 600 MHz and 800 MHz spectrum transactions with Comcast and Grain. It reports about 75,000 employees, a minimum pay of at least $20 per hour, broad benefits, and extensive training and diversity programs.
Risk factors emphasize intense competition from national and regional carriers and cable MVNOs, cybersecurity threats and prior cyber incidents, execution risks in digital and AI transformation, substantial indebtedness, spectrum scarcity and regulation, integration risks from the UScellular acquisition and fiber joint ventures, evolving privacy and AI laws, and wide-ranging FCC, FTC, state, and national security compliance obligations.