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T-Mobile US, Inc. is an American wireless network operator headquartered in Bellevue, Washington. Its largest shareholder is Deutsche Telekom, a company that operates telecommunications networks in several other countries. T-Mobile is the second largest wireless carrier in the United States, with 127.5 million subscribers as of September 30, 2024.
Sprint Corporation and T-Mobile US merged in 2020 in an all shares deal for $26 billion. The deal was announced on April 29, 2018. [1] [2] [3] After a two-year-long approval process the merger was closed on April 1, 2020, [4] [5] [6] with T-Mobile emerging as the surviving brand.
Michael Sievert is an American business executive, currently the president and chief executive officer (CEO) of T-Mobile US, and a member of the company's board of directors. [5] [6] [7] In November 2019, T-Mobile announced that Sievert would be promoted from chief operating officer (COO) to CEO in May 2020 when John Legere stepped down. [5]
Who owns T-Mobile? T-Mobile's largest shareholder is Deutsche Telekom AG, a German telecommunications company. KfW, Germany's state-owned bank, owns 16.63% of Deutsche Telekom AG, as of December 2023.
In April, T-Mobile US reported first-quarter sales of $19.59 billion, down by 0.19% year-on-year, which missed the analyst consensus of $19.81 billion. It clocked EPS of $2.00, which beat the ...
AT&T, T-Mobile, and Deutsche Telekom was a lawsuit brought by the US Antitrust Division of the Department of Justice seeking to block the merger of AT&T Mobility and T-Mobile USA. [ 11 ] Had the purchase been completed, AT&T would have had a customer base of approximately 130 million users, making AT&T the largest wireless carrier in the United ...
US Mobile is an American mobile virtual network operator (MVNO) that uses the T-Mobile, Verizon Wireless, and AT&T networks (branded as "Light Speed", "Warp", and "Dark Star" respectively) to provide talk, text, and data services to their customers. US Mobile has over 1,000,000 customers as of 2024.
(Reuters) -Telecom operator T-Mobile US Inc said on Wednesday it will acquire Ka'ena Corp, the owner of Ryan Reynolds-backed budget wireless provider Mint Mobile, for as much as $1.35 billion.