T-Mobile US, Inc. is a major wireless network operator in the United States. It is a subsidiary of Deutsche Telekom AG, a German telecommunications company. T-Mobile US is the third-largest wireless carrier in the United States, after AT&T and Verizon.
Deutsche Telekom AG acquired T-Mobile US in 2011 for $39 billion. This acquisition made Deutsche Telekom the second-largest wireless carrier in the United States, behind AT&T.
In this article, we will explore the history of T-Mobile US and its ownership, as well as the company's current position in the wireless industry.
Who Owns T-Mobile
T-Mobile US is a subsidiary of Deutsche Telekom AG.
- Parent company: Deutsche Telekom AG
- Headquarters: Bonn, Germany
- Founded: 1999
- CEO: Mike Sievert
- Number of employees: 56,000
- Revenue: $64 billion (2021)
Deutsche Telekom AG is a German telecommunications company and the largest telecommunications provider in Europe.
Parent company: Deutsche Telekom AG
Deutsche Telekom AG is the parent company of T-Mobile US. It is a German telecommunications company and the largest telecommunications provider in Europe.
- Founded in 1996
Deutsche Telekom AG was formed in 1996 through the privatization of the German state-owned telecommunications company, Deutsche Bundespost Telekom.
- Headquarters in Bonn, Germany
Deutsche Telekom AG is headquartered in Bonn, Germany. The company has operations in over 50 countries and employs over 216,000 people worldwide.
- Provides a wide range of telecommunications services
Deutsche Telekom AG provides a wide range of telecommunications services, including fixed-line and mobile phone services, broadband internet, and television.
- Majority shareholder is the German government
The majority shareholder of Deutsche Telekom AG is the German government, which holds a 32% stake in the company. The remaining shares are held by institutional investors and individual shareholders.
Deutsche Telekom AG's acquisition of T-Mobile US in 2011 made it the second-largest wireless carrier in the United States, behind AT&T.
Headquarters: Bonn, Germany
Deutsche Telekom AG's headquarters are located in Bonn, Germany. The company moved its headquarters to Bonn in 1995, after the German government privatized the company.
The headquarters complex is located in the suburb of Duisdorf. It consists of several buildings, including the main administration building, a research and development center, and a data center. The headquarters complex is also home to a large park, which is open to the public.
Deutsche Telekom AG employs over 21,000 people in Bonn. The company's headquarters is a major economic driver for the city. It is also a popular tourist destination, as it offers tours of the headquarters complex and the park.
In addition to its headquarters in Bonn, Deutsche Telekom AG also has offices in other cities around the world, including Berlin, Frankfurt, and Cologne. However, Bonn remains the company's main headquarters and the location of its most important decision-making bodies.
Deutsche Telekom AG's decision to locate its headquarters in Bonn has had a significant impact on the city. Bonn is now a major center for telecommunications and information technology. The city is also home to a number of universities and research institutions, which makes it an attractive location for technology companies.
Founded: 1999
T-Mobile US was founded in 1999 as a subsidiary of Deutsche Telekom AG. The company was formed through the merger of VoiceStream Wireless and Powertel, two of the largest wireless carriers in the United States at the time.
T-Mobile US quickly became a major player in the wireless industry. The company was known for its low prices and its focus on customer service. T-Mobile US also pioneered a number of new technologies, including the first nationwide GSM network in the United States.
In 2011, Deutsche Telekom AG acquired MetroPCS, another major wireless carrier in the United States. This acquisition made T-Mobile US the fourth-largest wireless carrier in the United States.
In 2020, T-Mobile US merged with Sprint Corporation, the fourth-largest wireless carrier in the United States. This merger made T-Mobile US the second-largest wireless carrier in the United States, behind AT&T.
T-Mobile US is now a major provider of wireless services in the United States. The company offers a wide range of wireless plans and devices, as well as a variety of other services, such as home internet and streaming TV.
CEO: Mike Sievert
Mike Sievert is the current CEO of T-Mobile US. He was appointed to this position in May 2020, after serving as the company's Chief Operating Officer.
- Joined T-Mobile US in 2012
Sievert joined T-Mobile US in 2012 as the company's Chief Marketing Officer. In this role, he was responsible for the company's marketing and advertising campaigns.
- Appointed President and COO in 2015
In 2015, Sievert was promoted to President and COO of T-Mobile US. In this role, he was responsible for the company's day-to-day operations.
- Became CEO in 2020
Sievert became CEO of T-Mobile US in May 2020, after John Legere stepped down from the position. Sievert is the first non-founder to lead the company.
- Focused on innovation and customer service
Since becoming CEO, Sievert has focused on innovation and customer service. He has overseen the launch of a number of new products and services, including the T-Mobile Home Internet service and the Magenta MAX unlimited plan.
Sievert is a graduate of the University of Washington. He began his career in the telecommunications industry at AT&T Wireless. He also worked at Verizon Wireless before joining T-Mobile US.
Number of employees: 56,000
T-Mobile US employs over 56,000 people in the United States. The company's employees work in a variety of roles, including customer service, sales, engineering, and marketing.
T-Mobile US is a major employer in the United States. The company's employees contribute to the economy by paying taxes and spending money on goods and services.
T-Mobile US is also a good place to work. The company offers competitive salaries and benefits, as well as opportunities for career advancement.
T-Mobile US is committed to diversity and inclusion. The company has a number of programs and initiatives in place to promote a diverse and inclusive workplace.
T-Mobile US is a major player in the wireless industry. The company's employees are essential to its success. T-Mobile US is committed to providing its employees with a positive and rewarding work environment.
Revenue: $64 billion (2021)
T-Mobile US generated $64 billion in revenue in 2021. This represents a 10% increase over the previous year.
- Service revenue
The majority of T-Mobile US's revenue comes from service revenue. This includes revenue from wireless voice and data services, as well as home internet and streaming TV services.
- Equipment revenue
T-Mobile US also generates revenue from the sale of wireless devices, such as smartphones and tablets.
- Other revenue
T-Mobile US also generates revenue from other sources, such as roaming and interconnect fees.
- T-Mobile US is a profitable company
T-Mobile US is a profitable company. The company's net income in 2021 was $10 billion.
T-Mobile US's revenue growth is being driven by a number of factors, including the increasing demand for wireless data services, the growth of the home internet market, and the popularity of streaming TV services.
FAQ
Here are some frequently asked questions about who owns T-Mobile:
Question 1: Who is the parent company of T-Mobile US?
Answer: Deutsche Telekom AG is the parent company of T-Mobile US.
Question 2: Where is Deutsche Telekom AG headquartered?
Answer: Deutsche Telekom AG is headquartered in Bonn, Germany.
Question 3: When was T-Mobile US founded?
Answer: T-Mobile US was founded in 1999.
Question 4: Who is the CEO of T-Mobile US?
Answer: Mike Sievert is the CEO of T-Mobile US.
Question 5: How many employees does T-Mobile US have?
Answer: T-Mobile US has over 56,000 employees.
Question 6: How much revenue did T-Mobile US generate in 2021?
Answer: T-Mobile US generated $64 billion in revenue in 2021.
Question 7: Is T-Mobile US a profitable company?
Answer: Yes, T-Mobile US is a profitable company. The company's net income in 2021 was $10 billion.
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We hope this FAQ has answered your questions about who owns T-Mobile US. If you have any further questions, please feel free to contact T-Mobile US directly.
In addition to the information in this FAQ, we also have a number of tips for T-Mobile US customers.
Tips
Here are a few tips for T-Mobile US customers:
Tip 1: Take advantage of T-Mobile's free services.
T-Mobile US offers a number of free services to its customers, including free Wi-Fi calling, free international texting, and free music streaming. Be sure to take advantage of these services to save money on your monthly bill.
Tip 2: Sign up for T-Mobile's autopay program.
T-Mobile US offers a discount on your monthly bill if you sign up for its autopay program. This is a great way to save money on your wireless service.
Tip 3: Keep an eye out for T-Mobile's promotions.
T-Mobile US frequently offers promotions on its wireless plans and devices. Be sure to keep an eye out for these promotions so you can take advantage of them.
Tip 4: Contact T-Mobile's customer service if you have any questions or problems.
T-Mobile US has a dedicated customer service team that is available to help you with any questions or problems you may have. You can contact T-Mobile's customer service by phone, email, or chat.
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We hope these tips have been helpful. If you have any other questions, please feel free to contact T-Mobile US directly.
In addition to these tips, we also have a conclusion section that summarizes the key points of this article.
Conclusion
In this article, we have explored the history of T-Mobile US and its ownership, as well as the company's current position in the wireless industry.
We have learned that T-Mobile US is a subsidiary of Deutsche Telekom AG, a German telecommunications company. T-Mobile US is the third-largest wireless carrier in the United States, after AT&T and Verizon.
We have also learned that T-Mobile US has over 56,000 employees and generated $64 billion in revenue in 2021. The company is a profitable company with a net income of $10 billion in 2021.
Closing Message:
T-Mobile US is a major player in the wireless industry. The company is committed to providing its customers with affordable and reliable wireless service. T-Mobile US is also a leader in innovation, having been the first to launch a number of new technologies, such as the first nationwide GSM network in the United States.
We hope this article has been informative and helpful. If you have any further questions, please feel free to contact T-Mobile US directly.