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T-Mobile US. T-Mobile US, Inc., often shortened as T-Mobile, is an American wireless network operator headquartered in Bellevue, Washington, U.S. [6] Its largest shareholder is multinational telecommunications company Deutsche Telekom AG, a German company headquartered in Bonn, Germany.
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.
The company operates several subsidiaries worldwide, including the mobile communications brand T-Mobile. It is the world's fifth-largest telecommunications company by revenue. As of April 2020 [update] , the German government held a direct 14.5% stake in company stock and another 17.4% through the government bank KfW . [5]
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 from chief operating officer (COO) to CEO in May 2020 when John ...
Sprint Corporation. Sprint Corporation was an American telecommunications company. Before being acquired by T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019. [3]
T-Mobile is the brand of telecommunications by Deutsche Telekom.. T-Mobile may also refer to: . Deutsche Telekom's current and former subsidiaries. T-Mobile International AG, a holding company for Deutsche Telekom's mobile communications subsidiaries
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.
T-Mobile US provides wireless voice, messaging, and data services in the United States mainland including Alaska, Hawaii, Puerto Rico and the U.S. Virgin Islands under the T-Mobile and Metro by T-Mobile brands. The company operates the second largest wireless network in the U.S. market with over 95 million customers and annual revenues of $32 ...