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T
TMUS
T-Mobile US, Inc.
$221.57
+1.03 (+0.47%)
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Company Profile
Symbol
TMUS
Market Cap
$244.14B
IPO Date
Apr 19, 2007
CEO
--
Employees
75,000
Sector
--
Industry
RADIOTELEPHONE COMMUNICATIONS
Country
United States
Exchange
--
Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the US. T-Mobile now serves 86 million postpaid and 26 million prepaid phone customers, equal to around 30% of the US retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves 8 million residential and business customers with its wireless network. It also serves 1 million fiber broadband customers through joint ventures with fiber network owners. T-Mobile owns a stake in these firms, which provide wholesale access to their networks. In addition, T-Mobile provides wholesale services to wireless resellers.
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