Founded in 1994, T-MOBILE US INC (NYSE:TMUS) is headquartered in Bellevue, Washington, USA, with 53,000 full-time employees. It is a mobile communications service provider that provides mobile services in the United States, Puerto Rico and the US Virgin Islands. Communication service. The company is a subsidiary of Deutsche Telekom AG.
T-Mobile US (TMUS):
T-Mobile US (T-Mobile US, Inc., generally referred to as T-Mobile) is a US wireless network operator headquartered in Bellevue, Washington. Its largest shareholders are Deutsche Telekom , which accounts for 43%, and Softbank Group, which accounts for 24% . T-Mobile is the second largest wireless operator in the United States, with 98.3 million subscribers as of the end of the second quarter of 2020. On April 1, 2020, T-Mobile and Sprint completed the merger, making Sprint a subsidiary, and gradually merge the Sprint brand in the future.
T-Mobile US, Inc. (TMUS) is a subsidiary of Deutsche Telekom Holding BV. It mainly provides mobile communication services to customers through its subsidiaries such as T-Mobile, MetroPCS and GoSmart. The service areas include the United States, Puerto Rico, U.S. Virgin Islands and other places.
T-Mobile US provides postpaid and prepaid wireless voice, SMS and data services, and wireless wholesale resale services.
In addition, T-Mobile US also sells wireless handheld devices and accessories, including smart phones, computers that can use wireless transmission such as laptops and tablets, and provide network cards manufactured by many manufacturers.
T-Mobile US provides services and sells handheld devices, tablets and related accessories to consumers through directly-operated retail stores and websites, or through retail stores and websites of dealers or third-party distributors.
T-Mobile is the second largest wireless operator in the United States, with 98.3 million subscribers as of the end of the second quarter of 2020.
T-Mobile US (TMUS) History:
- In 1994, VoiceStream Wireless PCS, the predecessor of T-Mobile, was founded as a subsidiary of Western Wireless Corporation;
- On May 3, 1999, VoiceStream Wireless PCS was spun off from Western Wireless Corporation and established VoiceStream Wireless Corporation;
- On February 25, 2000, VoiceStream Wireless merged with Omnipoint Corporation;
- On May 4, 2000, VoiceStream Wireless merged with Aerial Communications Inc.;
- On June 1, 2001, Deutsche Telekom AG (DT) completed the acquisition of VoiceStream Wireless Inc. for 35 billion U.S. dollars and Powertel, Inc. for 24 billion U.S. dollars;
- In July 2002, VoiceStream Wireless was renamed T-Mobile USA, Inc., as the operating entity of T-Mobile International AG in the United States, which is (T-Mobile International) a subsidiary of Deutsche Telekom AG;
- On September 17, 2007, T-Mobile USA announced the acquisition of SunCom Wireless Holdings, Inc. for US$2.4 billion. The transaction was completed on February 22, 2008;
- On March 21, 2011, AT&T , the second largest mobile operator in the United States, announced that it would acquire T-Mobile USA, a US subsidiary of Deutsche Telekom, for US$39 billion. On December 19 of the same year, AT&T announced that it would abandon the acquisition of T-mobile’s US mobile business. The proposal is due to the obstruction of the Federal Communications Commission (FCC) and the US Department of Justice and criticism from all parties, including peer competitors, such as: Sprint believes that the acquisition affects competitive behavior, even though Deutsche Telekom received nearly 4 billion US dollars Breakup fee, but its plan to leave the U.S. market fell through;
- On October 3, 2012, MetroPCS Communications and T-Mobile USA reached a merger agreement, which was finally approved by the shareholders of MetroPCS Communications on April 24, 2013;
- On May 1, 2013, the merged company was renamed T-Mobile US, Inc. and registered on the NYSE with the TMUS code;
- On June 28, 2013, T-Mobile US acquired unlimited spectrum in the Mississippi River Valley from rival US Cellular for US$308 million;
- In December 2013, many media reported that Sprint Corporation and its parent company Softbank intend to acquire a majority stake in TMUS;
- On January 6, 2014, T-Mobile and Verizon Wireless signed an agreement to purchase 700 MHz unlimited spectrum licenses for US$2.365 billion;
- On March 11, 2014, SoftBank CEO Masayoshi Son confirmed in an interview with US media that despite the opposition of US regulators, SoftBank still hopes to acquire T-Mobile US and integrate it with Sprint, thereby breaking the two operations of AT&T and Verizon The structure of the monopolistic market
- On August 1, 2014, Iliad SA, the parent company of French mobile operator Free Mobile, announced the acquisition of 56% of T-Mobile US for US$16 billion;
- On August 4, 2014, Sprint abandoned the acquisition of TMUS;
- On February 17, 2017, Reuters reported that Softbank said it was considering selling a majority of the company’s shares to Deutsche Telekom in order to facilitate an effective merger with T-Mobile US ;
- On November 4, 2017, after several months of negotiations, Sprint abandoned its merger plan with T-Mobile ;
- On April 10, 2018, T-Mobile and Sprint restarted the merger;
- On April 1, 2020, the US T-Mobile and Sprint Corporation completed the merger, and now T-Mobile becomes the full owner of Sprint, which makes Sprint an effective subsidiary of T-Mobile until the Sprint brand is officially phased out. The Sprint brand was officially suspended on August 2, 2020. Billing has already showcased the T-Mobile brand, and on this day all retail, customer service and all other company brands are converted to the T-Mobile brand.