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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.
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.
AT&T, T-Mobile, Verizon, Boost Mobile, and UScellular also sell SIM cards through their retail channels, both in-store and online. The top five wireless providers operate nationwide wireless networks which cover most of the population in the United States, while smaller carriers provide native network coverage across selected regions of the ...
Mobile virtual network operators (MVNOs) in the United States lease wireless telephone and data service from the three major cellular carriers in the countryv—AT&T Mobility, T-Mobile US, and Verizon—and offer various levels of free and/or paid talk, text and data services to their customers.
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.
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.
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