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T-Mobile is the third-largest wireless carrier in the United States, after Verizon and AT&T, with 31.43% of the market share as of June 13, 2024. [6] The company was founded in 1994 by John W. Stanton of the Western Wireless Corporation as VoiceStream Wireless.
Sprint Corporation and T-Mobile US merged in 2020 in an all shares deal for $26 billion. The deal was announced on April 29, 2018. [1][2][3] After a two-year-long approval process the merger was closed on April 1, 2020, [4][5][6] with T-Mobile emerging as the surviving brand. The Sprint brand was discontinued by T-Mobile on August 2, 2020.
Who owns T-Mobile? T-Mobile's largest shareholder is Deutsche Telekom AG, a German telecommunications company. KfW, Germany's state-owned bank, owns 16.63% of Deutsche Telekom AG, as of December 2023.
Website. uscellular.com. United States Cellular Corporation (doing business as UScellular and formerly known as U.S. Cellular) is an American mobile network operator. Its stock is publicly traded, but Telephone and Data Systems Inc. owns a controlling stake (83% economic and 96% voting power). The company was formed in 1983 and is headquartered ...
April 1, 2020 – present. Board member of. Starbucks [4] Website. Mike Sievert on Twitter. Michael Sievert is an American business executive, currently the president and chief executive officer (CEO) of T-Mobile US, and a member of the company's board of directors. [5][6][7] In November 2019, T-Mobile announced that Sievert would be promoted ...
On March 20, 2011, Deutsche Telekom AG accepted a US$39 billion stock and cash purchase offer from AT&T Inc. for T-Mobile USA, Inc. According to an industry analyst, after the introduction of the iPhone in 2007, T-Mobile USA began to lose lucrative contract customers, dropping to 78.3 percent of subscribers in 2010, compared to 85% in 2006.
Since April 2020, the Assurance Wireless brand has been under the T-Mobile family. [5] This was the result of the merger of Sprint Corporation and T-Mobile US was officially completed, [9] and after Virgin Mobile USA was officially shut down and folded into Boost Mobile. An official statement was sent to all customers July 14, 2020 stating that ...
He was the founder of Voicestream Wireless Corp. [9] Between 1995 and 2003, VoiceStream Wireless had him as chairman and CEO as well, with that company renamed T-Mobile USA after an acquisition. [3] In 2004, Stanton was inducted into the Wireless Hall of Fame for his devotion to the industry. [ 10 ]
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