T-Mobile US, Inc. is an American wireless network operator and provider of mobile phones, wireless internet, and fixed-line broadband services. Headquartered in Bellevue, Washington, the company was founded in 1999 and launched service in 2001. As of 2021, T-Mobile is the second-largest wireless carrier in the United States, with over 100 million customers.
In 2020, T-Mobile US merged with Sprint Corporation, creating the second-largest wireless carrier in the United States. The merger was approved by the Federal Communications Commission (FCC) and the U.S. Department of Justice (DOJ). The combined company is now known as T-Mobile US, Inc.
The majority of T-Mobile's shares are owned by Deutsche Telekom, a German telecommunications company. As of 2021, Deutsche Telekom owns 60% of T-Mobile's shares. SoftBank Group, a Japanese telecommunications company, also owns a significant stake in T-Mobile, with a 20% ownership stake.
Who Owns T-Mobile
T-Mobile US, Inc. is owned by a variety of shareholders, including individuals and institutional investors.
- Majority owned by Deutsche Telekom
- SoftBank Group owns 20%
- Second-largest U.S. wireless carrier
- Merged with Sprint in 2020
- Headquarters in Bellevue, Washington
- Founded in 1999
- Over 100 million customers
- Provides wireless, internet, and broadband services
- Listed on NASDAQ as TMUS
T-Mobile is a publicly traded company, and its shares are traded on the NASDAQ stock exchange under the symbol TMUS.
Majority owned by Deutsche Telekom
Deutsche Telekom is a German telecommunications company headquartered in Bonn, Germany. It is one of the largest telecommunications companies in the world, with over 240 million mobile customers, 28 million fixed-network lines, and 20 million broadband customers.
Deutsche Telekom owns 60% of T-Mobile US, Inc., making it the majority shareholder. This means that Deutsche Telekom has the most voting power in T-Mobile's board of directors and has the most say in the company's decisions.
Deutsche Telekom has been a major investor in T-Mobile US since the company's early days. In 2001, Deutsche Telekom acquired a 49% stake in T-Mobile US for $2.5 billion. In 2013, Deutsche Telekom increased its stake to 67% by acquiring MetroPCS Communications for $1.5 billion. In 2020, Deutsche Telekom acquired Sprint Corporation and merged it with T-Mobile US, creating the second-largest wireless carrier in the United States.
Deutsche Telekom's ownership of T-Mobile US has been beneficial for both companies. Deutsche Telekom has provided T-Mobile US with financial resources and expertise, helping it to expand its network and improve its services. T-Mobile US, in turn, has helped Deutsche Telekom to grow its customer base in the United States and to compete more effectively with other wireless carriers.
Deutsche Telekom's ownership of T-Mobile US is likely to continue for the foreseeable future. Deutsche Telekom has a long-term commitment to the United States market, and it sees T-Mobile US as a key part of its global telecommunications business.
SoftBank Group owns 20%
SoftBank Group is a Japanese multinational telecommunications and internet corporation headquartered in Tokyo, Japan. It is one of the world's largest telecommunications companies, with over 300 million mobile customers and 50 million broadband customers.
SoftBank Group owns 20% of T-Mobile US, Inc., making it the second-largest shareholder after Deutsche Telekom. This means that SoftBank Group has a significant say in T-Mobile's board of directors and its decisions.
SoftBank Group has been an investor in T-Mobile US since 2013, when it acquired a 17% stake in the company for $20 billion. In 2020, SoftBank Group increased its stake to 20% by acquiring Sprint Corporation and merging it with T-Mobile US.
SoftBank Group's ownership of T-Mobile US has been beneficial for both companies. SoftBank Group has provided T-Mobile US with financial resources and expertise, helping it to expand its network and improve its services. T-Mobile US, in turn, has helped SoftBank Group to grow its customer base in the United States and to compete more effectively with other wireless carriers.
SoftBank Group's ownership of T-Mobile US is likely to continue for the foreseeable future. SoftBank Group has a long-term commitment to the United States market, and it sees T-Mobile US as a key part of its global telecommunications business.
Second-largest U.S. wireless carrier
T-Mobile US, Inc. is the second-largest wireless carrier in the United States, after Verizon Wireless. As of 2021, T-Mobile has over 100 million customers, which is about 25% of the U.S. wireless market.
T-Mobile's growth has been fueled by its aggressive pricing and its focus on customer service. The company has also been a pioneer in the development of new wireless technologies, such as 5G.
T-Mobile's main competitors are Verizon Wireless and AT&T Mobility. Verizon is the largest wireless carrier in the United States, with over 120 million customers. AT&T is the third-largest wireless carrier in the United States, with over 100 million customers.
T-Mobile has been able to compete effectively with Verizon and AT&T by offering lower prices, better customer service, and more innovative products and services.
T-Mobile's position as the second-largest wireless carrier in the United States is likely to continue for the foreseeable future. The company has a strong track record of growth and innovation, and it is well-positioned to compete with Verizon and AT&T.
Merged with Sprint in 2020
In 2020, T-Mobile US, Inc. merged with Sprint Corporation, creating the second-largest wireless carrier in the United States. The merger was approved by the Federal Communications Commission (FCC) and the U.S. Department of Justice (DOJ).
The merger between T-Mobile and Sprint was a major event in the U.S. wireless industry. It created a new telecommunications giant with over 100 million customers and a nationwide network that covers over 99% of the U.S. population.
The merger has also led to lower prices and better service for consumers. T-Mobile and Sprint were both known for their aggressive pricing, and the merger has allowed them to offer even lower prices to their customers.
The merger has also improved the quality of service for T-Mobile and Sprint customers. The two companies have been able to combine their networks, which has resulted in faster speeds and better coverage.
The merger between T-Mobile and Sprint is a major milestone in the history of the U.S. wireless industry. It has created a new telecommunications giant that is better positioned to compete with Verizon and AT&T.
Headquarters in Bellevue, Washington
T-Mobile US, Inc. is headquartered in Bellevue, Washington, a city located in the Seattle metropolitan area.
- Proximity to technology hub:
Bellevue is known for its strong technology industry, and it is home to many other major tech companies, such as Microsoft, Amazon, and Google. This proximity to other tech companies gives T-Mobile access to a large pool of skilled workers and memudahkan collaboration with other companies in the industry.
- Access to transportation:
Bellevue is well-connected to other parts of the United States and the world by air, road, and rail. This makes it easy for T-Mobile employees to travel to and from the company's headquarters.
- Quality of life:
Bellevue is a desirable place to live, with a high quality of life. The city offers a variety of amenities, such as parks, museums, and restaurants. This makes it attractive to T-Mobile employees and their families.
- Business-friendly environment:
Bellevue is a business-friendly city, with a supportive government and a strong economy. This makes it an ideal location for T-Mobile's headquarters.
T-Mobile's headquarters in Bellevue is a major hub for the company's operations. The company's executives and employees work from the headquarters to manage the company's day-to-day operations and to develop new products and services.
Founded in 1999
T-Mobile US, Inc. was founded in 1999 by a group of investors led by John Legere. Legere had previously been the CEO of AirTouch Communications, a wireless carrier that was acquired by Vodafone in 1999.
- Market opportunity:
In 1999, the U.S. wireless market was dominated by a few large carriers, such as AT&T and Verizon. Legere saw an opportunity to create a new wireless carrier that would offer lower prices and better service.
- Access to capital:
Legere and his investors had access to a large amount of capital, which allowed them to build a new wireless network and launch a marketing campaign.
- Experienced management team:
Legere and his team had a lot of experience in the wireless industry. This experience helped them to navigate the challenges of starting a new wireless carrier.
- First-mover advantage:
T-Mobile was one of the first wireless carriers to offer nationwide GSM service. This gave the company a first-mover advantage over its competitors.
T-Mobile's founding in 1999 was a major event in the U.S. wireless industry. It created a new wireless carrier that would eventually become one of the largest in the country.
Over 100 million customers
T-Mobile US, Inc. has over 100 million customers, making it the second-largest wireless carrier in the United States.
- Aggressive pricing:
T-Mobile has a history of offering aggressive pricing, which has helped it to attract new customers.
- Strong network:
T-Mobile has invested heavily in its network, and it now offers one of the best wireless networks in the United States.
- Excellent customer service:
T-Mobile is known for its excellent customer service. The company has a team of dedicated customer service representatives who are available 24/7 to help customers with any problems they may have.
- Innovative products and services:
T-Mobile is constantly innovating and introducing new products and services. This helps to keep customers engaged and coming back for more.
T-Mobile's large customer base is a major asset for the company. It gives T-Mobile a strong foundation for growth and allows the company to compete effectively with its larger rivals.
Provides wireless, internet, and broadband services
T-Mobile US, Inc. provides a variety of wireless, internet, and broadband services to its customers.
- Wireless service:
T-Mobile offers a variety of wireless plans that include unlimited talk, text, and data. The company also offers a variety of devices, such as smartphones, tablets, and wearables.
- Internet service:
T-Mobile offers a variety of internet plans that provide high-speed internet access to homes and businesses. The company also offers a variety of modems and routers.
- Broadband service:
T-Mobile offers a variety of broadband plans that provide high-speed internet access to homes and businesses. The company also offers a variety of modems and routers.
T-Mobile's wireless, internet, and broadband services are all reliable and affordable. The company is constantly innovating to improve its services and to offer new features to its customers.
Listed on NASDAQ as TMUS
T-Mobile US, Inc. is a publicly traded company, and its shares are traded on the NASDAQ stock exchange under the symbol TMUS.
- What is NASDAQ?
NASDAQ is a stock exchange in New York City that is known for its focus on technology and growth companies.
- Why is T-Mobile listed on NASDAQ?
T-Mobile is listed on NASDAQ because it is a technology company that is experiencing rapid growth.
- What does TMUS stand for?
TMUS is the ticker symbol for T-Mobile US, Inc. A ticker symbol is a unique identifier that is used to identify a company's stock on a stock exchange.
- How can I buy T-Mobile stock?
You can buy T-Mobile stock through a stockbroker. A stockbroker is a person or company that buys and sells stocks on behalf of investors.
T-Mobile's stock is a popular investment among investors. The company is a leader in the wireless industry, and it is expected to continue to grow in the future.
FAQ
Here are some frequently asked questions about T-Mobile:
Question 1: Who owns T-Mobile?
Answer: T-Mobile US, Inc. is majority-owned by Deutsche Telekom, a German telecommunications company. SoftBank Group, a Japanese telecommunications company, also owns a significant stake in T-Mobile.
Question 2: Where is T-Mobile headquartered?
Answer: T-Mobile is headquartered in Bellevue, Washington, a city located in the Seattle metropolitan area.
Question 3: When was T-Mobile founded?
Answer: T-Mobile was founded in 1999 by a group of investors led by John Legere.
Question 4: How many customers does T-Mobile have?
Answer: T-Mobile has over 100 million customers, making it the second-largest wireless carrier in the United States.
Question 5: What services does T-Mobile offer?
Answer: T-Mobile offers a variety of wireless, internet, and broadband services to its customers, including unlimited talk, text, and data plans, high-speed internet access, and broadband service.
Question 6: Is T-Mobile publicly traded?
Answer: Yes, T-Mobile is a publicly traded company, and its shares are traded on the NASDAQ stock exchange under the symbol TMUS.
Question 7: Who is the CEO of T-Mobile?
Answer: The CEO of T-Mobile is Mike Sievert.
Closing Paragraph for FAQ:
These are just a few of the frequently asked questions about T-Mobile. For more information, please visit the T-Mobile website.
In addition to the FAQ section above, here are some additional tips for learning more about T-Mobile:
Tips
Here are some tips for learning more about T-Mobile:
Tip 1: Visit the T-Mobile website
The T-Mobile website is a great resource for learning more about the company's products and services. You can also find information about T-Mobile's history, leadership team, and financial performance.
Tip 2: Read T-Mobile's blog
T-Mobile's blog is a great way to stay up-to-date on the latest news and announcements from the company. You can also find articles about T-Mobile's products and services, as well as tips and advice for using them.
Tip 3: Follow T-Mobile on social media
T-Mobile is active on social media, including Twitter, Facebook, and Instagram. Following T-Mobile on social media is a great way to stay connected with the company and learn about new products and services.
Tip 4: Contact T-Mobile customer service
If you have any questions about T-Mobile's products or services, you can contact T-Mobile customer service. T-Mobile's customer service team is available 24/7 to help you with any questions you may have.
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These are just a few tips for learning more about T-Mobile. By following these tips, you can stay up-to-date on the latest news and announcements from the company, and learn more about its products and services.
Now that you know more about T-Mobile, you can make an informed decision about whether or not the company is right for you.
Conclusion
T-Mobile US, Inc. is a leading wireless carrier in the United States. The company is majority-owned by Deutsche Telekom, a German telecommunications company. T-Mobile is headquartered in Bellevue, Washington, and it has over 100 million customers.
T-Mobile offers a variety of wireless, internet, and broadband services to its customers. The company is known for its aggressive pricing, strong network, and excellent customer service.
T-Mobile is a publicly traded company, and its shares are traded on the NASDAQ stock exchange under the symbol TMUS.
T-Mobile is a major player in the U.S. wireless industry. The company is constantly innovating and introducing new products and services. T-Mobile is a strong competitor to Verizon and AT&T, and it is well-positioned for continued growth in the future.
Closing Message:
If you are looking for a wireless carrier that offers competitive pricing, a strong network, and excellent customer service, then T-Mobile is a great option.