Company

T-Mobile US

Official Name: T-Mobile US, Inc.

Headquarters: Bellevue, WA, United States

Founded: 1994

Employees: 75,000

CEO: Mr. G. Michael Sievert

show_chart NASDAQ: TMUS +0.40%

Market Cap

$164.31 Billion

USD as of April 1, 2022

history Market Cap History

Company Description

T-Mobile US, more simply known as T-Mobile, is one of the largest wireless network operators in the US, providing wireless voice and data services, and host network for multiple mobile virtual network operators. Its majority shareholder is Deutsche Telekom, one of the largest German companies.

T-Mobile US market capitalization evolution

Evolution of T-Mobile US, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of T-Mobile US, Inc.

Detailed Description

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 108.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories. In addition, the company offers services, devices, and accessories under the T-Mobile and Metro by T-Mobile brands through its owned and operated retail stores, T-Mobile app and customer care channels, and its websites. It also sells its devices to dealers and other third-party distributors for resale through independent third-party retail outlets and various third-party websites. As of December 31, 2021, it operated approximately 102,000 macro cell and 41,000 small cell/distributed antenna system sites. The company was founded in 1994 and is headquartered in Bellevue, Washington.

Wikipedia Introduction

T-Mobile US, Inc. is an American wireless network operator majority owned by German telecommunications company Deutsche Telekom (DT), which holds 64.78% of the common stock. Its headquarters are located in Bellevue, Washington, in the Seattle metropolitan area, and Overland Park, Kansas, in the Kansas City metropolitan area. T-Mobile is the second-largest wireless carrier in the United States, with 108.7 million subscribers as of the end of Q4 2021. T-Mobile US provides wireless voice and data services in the United States under the T-Mobile and Metro by T-Mobile brands (which it acquired via the purchase of MetroPCS in a reverse takeover in 2013, resulting in T-Mobile going public on the NASDAQ stock exchange), and also serves as the host network for many mobile virtual network operators. The company has annual revenues of over $40 billion. In 2015, Consumer Reports named T-Mobile the number one American wireless carrier. On April 1, 2020, T-Mobile US and Sprint Corporation completed their merger, with T-Mobile now being the sole owner of Sprint, making Sprint an effective subsidiary of T-Mobile until the Sprint brand was officially phased out on August 2, 2020. Leadership, background and stock changes happened immediately, with customer-side changes happening over time. Billing was already showing the T-Mobile brand, and on this date, all retail, customer service, and all other company branding switched to the T-Mobile brand. T-Mobile and Sprint accounts are still managed by employees in separate systems and the company still offers Sprint branded SIM cards. New rate plans were also introduced as well for all new and existing customers from both companies, though all will be grandfathered into their current plan should they choose not to switch to a new T-Mobile plan for at least three years.

Source: Wikipedia, retrieved on May 23, 2022, 5:03 p.m.

Product & Services

Mobile telephonyWireless broadband

Key People

Founder(s): John W. Stanton

Timotheus Höttges (Chairman) Mike Sievert (President and CEO)

Financials

Revenue: US$68.397 billion (2020)

Operating income: US$5.309 billion (2018)

Net income: US$3.468 billion (2019)


Total assets: US$72.468 billion (2018)

Total equity: US$24.718 billion (2018)

Details

Headquarters:

12920 SE 38th Street

Bellevue, WA 98006-1350

United States

Phone: 425-378-4000