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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
ISINUS8725901040
IndustryTelecommunications
Predecessors
Founded1994 (1994) (as VoiceStream)
September 2, 2001 (2001-09-02) (as T-Mobile)
FounderJohn W. Stanton
Headquarters
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
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)
OwnerDeutsche Telekom (51.4%)[1]
Number of employees
c. 67,000 (2023)
SubsidiariesMetro by T-Mobile
Assurance Wireless
Mint Mobile
Ultra Mobile[2]
ASN
Websitet-mobile.com
Footnotes / references
[3][4][5][6]

T-Mobile US, Inc. is an American wireless network operator headquartered in Bellevue, Washington. Its largest shareholder is Deutsche Telekom, a German company that operates telecommunications networks in several other countries. 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.[7]

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 global T-Mobile brand. As of April 2023, the European company holds a 51.4% stake in the company.[8][9][10]

T-Mobile US operates two main brands: T-Mobile and Metro by T-Mobile (acquired in a 2013 reverse takeover of MetroPCS that also led to T-Mobile's listing on the NASDAQ). In 2020, T-Mobile expanded through the acquisition of Sprint, which also made T-Mobile the operator of Assurance Wireless, a service subsidized by the federal Lifeline program. The company's growth continued in 2024 with the acquisitions of Mint Mobile and Ultra Mobile, which remain separate brands. Additionally, T-Mobile serves as the host network for various mobile virtual network operators.

  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. ^ "Mint and Ultra: Welcome to the T-Mobile Family!". May 2024.
  3. ^ "FAQ". T-Mobile. Archived from the original on July 13, 2017. Retrieved June 15, 2017.
  4. ^ "T-Mobile USA Reports Fourth Quarter 2012 Results" (PDF (123 KB)) (Press release). T-Mobile USA. February 28, 2013. [permanent dead link]
  5. ^ Cite error: The named reference overview2011 was invoked but never defined (see the help page).
  6. ^ "T-Mobile US, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. February 2, 2024. Retrieved March 2, 2024.
  7. ^ "Market Share of Wireless Carriers in the US by subscriptions". Statista. Retrieved July 1, 2024.
  8. ^ "Deutsche Telekom to offload T-Mobile US shares". Telecoms. Archived from the original on October 19, 2023. Retrieved October 10, 2023.
  9. ^ 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.
  10. ^ 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.

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