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T-Mobile US

For the brand of telecommunications service used by Deutsche Telekom, see T-Mobile International AG. For other uses, see T-Mobile.

T-Mobile US, Inc.
Company typePublic Subsidiary
ISINUS8725901040
IndustryTelecommunications
Predecessors
Founded1994 (1994) (as VoiceStream Wireless PCS)
September 2, 2001 (2001-09-02) (as T-Mobile USA)
FounderJohn W. Stanton of Western Wireless Corporation
Headquarters
Overland Park, Kansas and Bellevue, Washington
,
United States
Number of locations
20,100
(2,200 direct-owned
13,300 exclusive 3rd party
4,600 non-exclusive 3rd party)
Area served
United States
Key people
Products
RevenueDecrease US$78.56 billion (2023)
Increase US$14.27 billion (2023)
Increase US$8.317 billion (2023)
Total assetsDecrease US$207.7 billion (2023)
Total equityDecrease US$64.72 billion (2023)
Number of employees
c. 67,000 (2023)
ParentDeutsche Telekom (51.4%)[1]
SubsidiariesMetro by T-Mobile
Assurance Wireless
ASN
  • 21928
Websitet-mobile.com
Footnotes / references
[2][3][4][5]

T-Mobile US, Inc., often shortened as T-Mobile, is an American wireless network operator headquartered in Bellevue, Washington, U.S.[5] Its largest shareholder is multinational telecommunications company Deutsche Telekom AG, a German company headquartered in Bonn, Germany. As of April 2023, the European company holds a 51.4%[6] majority stake in the company.[7][8] T-Mobile US is the third-largest wireless carrier in the United States, with 117.9 million subscribers as of December 31, 2023.[9]

The company was founded in 1994 by John W. Stanton of the Western Wireless Corporation as VoiceStream Wireless. Deutsche Telekom then gained plurality ownership in 2001 and renamed it after its T-Mobile brand. T-Mobile US provides wireless voice and data services in the United States under the T-Mobile and Metro by T-Mobile brands (the latter was acquired via the purchase of MetroPCS in a reverse takeover in 2013, resulting in T-Mobile going public on the NASDAQ stock exchange), and also serves as the host network for many mobile virtual network operators. The company has annual revenues of around $80 billion.[5]

On April 1, 2020, T-Mobile and Sprint Corporation completed their merger, with T-Mobile now being the sole owner of Sprint, making Sprint an effective subsidiary of T-Mobile until the Sprint brand was officially discontinued on August 2, 2020, with the headquarters becoming T-Mobile offices.[10][11][12] As part of the merger, T-Mobile US acquired Assurance Wireless, the service subsidized by the Lifeline Assistance program of the federal Universal Service Fund.[13]

  1. ^ "Archived copy". Archived from the original on October 19, 2023. Retrieved October 10, 2023.{{cite web}}: CS1 maint: archived copy as title (link)
  2. ^ "FAQ". T-Mobile. Archived from the original on July 13, 2017. Retrieved June 15, 2017.
  3. ^ "T-Mobile USA Reports Fourth Quarter 2012 Results" (PDF (123 KB)) (Press release). T-Mobile USA. February 28, 2013. [permanent dead link]
  4. ^ Cite error: The named reference overview2011 was invoked but never defined (see the help page).
  5. ^ a b c "T-Mobile US, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 2, 2024. Retrieved March 2, 2024.
  6. ^ "Deutsche Telekom to offload T-Mobile US shares". Telecoms. Archived from the original on October 19, 2023. Retrieved October 10, 2023.
  7. ^ Hardesty, Linda (April 6, 2023). "Deutsche Telekom achieves majority stake in T-Mobile US". Fierce Telecom. Archived from the original on April 9, 2023. Retrieved April 9, 2023.
  8. ^ Keys, Matthew (April 9, 2023). "Deutsche Telekom acquires majority of T-Mobile U.S." The Desk. Archived from the original on April 9, 2023. Retrieved April 9, 2023.
  9. ^ "T-Mobile Outpaces the Industry on Customer and Service Revenue Growth, Delivers Highest Cash Flow in Company History in Q3 2023 and Raises Guidance Again". T-Mobile Newsroom. Retrieved February 23, 2023.
  10. ^ Cite error: The named reference :11 was invoked but never defined (see the help page).
  11. ^ Cite error: The named reference :12 was invoked but never defined (see the help page).
  12. ^ Cite error: The named reference :13 was invoked but never defined (see the help page).
  13. ^ Cite error: The named reference USAToday2019 was invoked but never defined (see the help page).