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T-Mobile US, Inc. (TMUS)

  • Yesterday, 3:13 PM
    • AT&T (T +0.7%) and T-Mobile (TMUS -1.9%) have agreed to swap PCS and AWS-1 spectrum licenses around the U.S., according to FCC filings -- a move that should bring more service efficiency.
    • The deal is pending FCC approval. Some major markets involved include Phoenix, Minneapolis, Boston, and Austin-San Antonio.
    • The blocks are being swapped in identical amounts, so each carrier's total holdings will be unchanged -- but the ability to work in bigger contiguous blocks means greater efficiency for both, including a coveted 15+15 and 20+20 Wideband LTE offering that T-Mobile had hoped to provide.
    | Yesterday, 3:13 PM | 2 Comments
  • Wed, Oct. 7, 4:06 PM
    • A number of lawsuits are hitting T-Mobile (TMUS -0.6%) and Experian (OTCQX:EXPGY +1.9%) after a data breach at Experian exposed personal data of 15M people, including T-Mobile customers and applicants.
    • At least five lawsuits against the two are seeking class-action status, and a sixth lawsuit is targeting only Experian.
    • Intruders took data including names, addresses, contact numbers and social security numbers in the breach, which was revealed last Thursday, and T-Mobile said people who submitted credit applications from Sept. 1, 2013 to Sept. 16, 2015, were affected.
    • One complaint notes the personal data is already for sale online.
    | Wed, Oct. 7, 4:06 PM | 2 Comments
  • Fri, Oct. 2, 2:59 PM
    • AT&T (T -0.4%) has a letter in to the FCC noting that while it awaits a waiver from the FCC to offer Wi-Fi calling services -- a more notable service deficiency with the advent of Apple's iOS9 -- Sprint (S +4%) and T-Mobile (TMUS +0.1%), along with Google's Project Fi, are offering such services without such a waiver.
    • AT&T had planned to offer Wi-Fi calling in September, but filed a waiver related to TTY support regulations (as such assistance for the hearing- and speech-impaired can be tricky to provide over some Wi-Fi). The agency hasn't provided such a waiver yet, "even while our competitors provide those services in defiance of the commission's rules," AT&T writes.
    • The carrier is pressing for a granted waiver "without further delay."
    | Fri, Oct. 2, 2:59 PM | 25 Comments
  • Thu, Oct. 1, 5:28 PM
    • T-Mobile (NYSE:TMUS) CFO Braxton Carter backed up previous statements by CEO John Legere, saying the company has enough money to get spectrum in next year's broadcast incentive auction sufficient to cover the rest of the country in LTE.
    • That will cost $1B to $1.5B, Carter says. "We're very optimistic that we can do very well; at a minimum what we want to do is complete the U.S. low-band footprint."
    • The company will be disciplined, though, as "We don't have the balance sheet" of AT&T and Verizon. It'll also look at getting more 700 MHz spectrum to go along with 600 MHz spectrum in the auction.
    • He also thinks "brilliant strategist" Charlie Ergen of Dish Network "will play in the auction, but he's not going to have the firepower that he had before" after a $3.3B discount was denied.
    • Meanwhile, T-Mobile said that a data breach at Experian (OTCQX:EXPGY) has exposed credit applications of about 15M people, including applicants for T-Mobile services, over the past two years. The records included encrypted fields with SSN and government ID numbers as well as other credit information.
    • Previously: WSJ: Dish affiliates returning some auctioned wireless spectrum (Oct. 01 2015)
    | Thu, Oct. 1, 5:28 PM | 6 Comments
  • Wed, Sep. 30, 5:15 PM
    • Sprint (S +2.7%) is going to kick up the cost of its unlimited data plan, formerly $60/month, to $70/month, showing that unlimited data plans may be testing sustainability at the wireless carriers.
    • That's still the best U.S. postpaid deal for that plan, and current customers will be grandfathered in at the $60/month rate. The price changes for new customers Oct. 16.
    • T-Mobile (TMUS +0.6%) sells an unlimited data plan for $80/month, and AT&T (T +1.5%) and Verizon (VZ -0.1%) don't offer one.
    • Sprint CEO Marcelo Claure has alluded to the strain of unlimited data, as well as wishes to bump customers toward the tiered data plans.
    • Earlier, Sprint pursued limiting video download speeds, but has removed such restrictions as customers pushed back.
    | Wed, Sep. 30, 5:15 PM | 36 Comments
  • Mon, Sep. 28, 7:55 PM
    • Sprint (S -7.3%) confirmed that (as expected) it won't take part in the FCC's broadcast incentive auction for wireless spectrum next March -- a move that should suit T-Mobile's (NYSE:TMUS) John Legere just fine, as he's vocally argued for low-band access.
    • "Sprint has the spectrum it needs to deploy its network architecture of the future," said CEO Marcelo Claure in his statement. The company's already densifying the network and pursuing techniques like carrier aggregation to unlock potential in its 2.5 GHz position.
    • The auction, for prized low-band airwaves that will help with indoor penetration and rural areas, won't be cheap -- so skipping it should make a major difference to cash burn, a vital issue for Sprint.
    • After an August run to $5.19, fueled by SoftBank's share purchases, shares are back under $4, at $3.98 (down 21.5% since Aug. 28).
    • Previously: Sprint's Claure: Turnaround is taking hold with customer, network growth (Sep. 17 2015)
    • Previously: Wells Fargo: T-Mobile, Sprint get edge with new iPhone financing approach (Sep. 10 2015)
    | Mon, Sep. 28, 7:55 PM | 26 Comments
  • Thu, Sep. 24, 7:24 PM
    • With wireless carriers fighting over new iPhone deals seemingly every few hours, Verizon (NYSE:VZ) is responding to the scrum with Sprint and T-Mobile and now offering customers a program to upgrade their iPhone annually.
    • So long as users have paid off at least half their device's cost and turn in their current device, they'll be eligible to upgrade each year without waiting for their contract to end.
    • "If you’re not interested in upgrading, you still have the option to pay your phone off in 24 low monthly payments," Verizon says in its release, warning about "surprise balloon payments" with competitors.
    • Customers who pre-ordered the iPhone 6s or 6s Plus under Verizon's Device Payment installment option are automatically enrolled.
    • Earlier, T-Mobile (NYSE:TMUS) introduced an iPhone lease plan as low as $5/month, and Sprint (NYSE:S) responded with an all-night number crunch to create today's $1/month lease plan.
    • In after-hours action: VZ +0.1%; S -0.2%; TMUS unchanged.
    | Thu, Sep. 24, 7:24 PM | 25 Comments
  • Thu, Sep. 24, 3:04 PM
    • Upping the iPhone ante with a day to go before the newest model's launch, Sprint (S +0.5%) has responded to a T-Mobile $5/month promotion by announcing a $1/month device plan.
    • Friday's launch "is the day a lot of consumers choose who's going to be their carrier," says Sprint CEO Marcelo Claure. "We wanted to make sure we have the best iPhone offer."
    • The carrier, seeing "heatlhy" pre-order action, is offering a 16 GB iPhone 6s for $1/month with a trade-in of an iPhone 6 (last year's model). The rate goes to $5/month when getting an iPhone 6s Plus.
    • T-Mobile (TMUS -1.6%) yesterday had offered $5/month and $10/month leases for the two models when trading in last year's iPhone or certain other late-model phones.
    • Promotions for the new phone have seen a lot of action this month since Apple announced it was offering its own financing for unlocked iPhones.
    • Previously: T-Mobile seeing heavy iPhone demand, pushing $5/month lease (Sep. 23 2015)
    • Previously: Wells Fargo: T-Mobile, Sprint get edge with new iPhone financing approach (Sep. 10 2015)
    | Thu, Sep. 24, 3:04 PM | 27 Comments
  • Wed, Sep. 23, 10:39 AM
    • A couple of days before iPhone 6s availability, T-Mobile (TMUS +1.4%) CEO John Legere is touting heavy demand for the phone and pushing yet another aggressive promotion.
    • Customer preorders for the iPhone were up more than 30% over last fall, he tweeted.
    • Meanwhile, subscribers of its Jump On Demand upgrade program are getting offers of a leased iPhone 6s for as little as $5/month if customers trade in their iPhone 6 (and $9/month for iPhone 6s Plus), or $10/month if trading an iPhone 5s.
    • Early this month, providers scrambled to sort out iPhone pricing as Apple unveiled its own financing plans to sell phones to subscribers starting at $32/month.
    • Previously: Wells Fargo: T-Mobile, Sprint get edge with new iPhone financing approach (Sep. 10 2015)
    | Wed, Sep. 23, 10:39 AM | 3 Comments
  • Tue, Sep. 22, 7:24 PM
    • With most observers thinking any theoretical merger between T-Mobile (TMUS -1.1%) and Sprint (S +0.3%) would have to wait until a new U.S. administration (and John Legere saying "Oh yeah ... the only possible coming together of Sprint and T-Mobile is if we pick them up off the sidewalk"), analysts at Evercore say the two could combine network assets.
    • It would be a sort of a merger, into a new company (a REIT in particular) that would hold their network resources. Bigger investments at lower cost would come, along with a speedier network once spectrum assets were blended.
    • Given up, of course, would be the chance to differentiate, and snipe the rival over network power.
    • Combined, the two control 255 MHz of spectrum, more than the 147 MHz at AT&T (T -0.9%) or the 116 MHz of Verizon (VZ -0.9%). A new "NetCo" would rent the network back to the two, as well as possibly others, and support MVNO customers.
    • As a final entry in the "pro" column, the analysts note a combined network would make any future merger more headache-free.
    | Tue, Sep. 22, 7:24 PM | 21 Comments
  • Tue, Sep. 22, 12:46 PM
    • Traffic checks of U.S. wireless carriers by Pacific Crest's Michael Bowen show slowness for the leaders and some momentum for challengers.
    • Verizon (VZ -1%) was "slow" and AT&T (T -0.9%) "somewhat weak" in the past month heading into a key iPhone announcement. Verizon saw a lower amount of pre-orders for the iPhone and was coming off a data plan re-sizing; AT&T is lower-key about pushing phone upgrades, though tablet promotions are going well and customers are responding to DirecTV bundles.
    • Meanwhile, promotions are bearing fruit at T-Mobile (TMUS -1.9%) and Sprint (S -1%). T-Mobile traffic was "strong," Bowen says, with employees optimistic about iPhone pre-orders and new financing plans. Meanwhile, most Sprint stores met or beat August goals and expect the same for September, as the "iPhone forever" leasing plan is showing strong demand.
    | Tue, Sep. 22, 12:46 PM | 31 Comments
  • Fri, Sep. 18, 5:43 PM
    • Along with delivering expectations of strong customer growth, T-Mobile (TMUS -1.5%) CEO John Legere said the company would aggressively take part in the upcoming broadcast incentive spectrum auction.
    • Legere also didn't disappoint when it came to talking down competitors, predicting failure for Verizon's (VZ -1.4%) freshly launching mobile video service.
    • "I do think this Go90 could be the biggest debacle," he said at Goldman Sachs' Communacopia. "I mean it's right up there with the Amazon Fire phone, the Facebook phone, you remember that?"
    • Another Legere trademark: Opining on consolidation that could include T-Mobile. "You really believe that the Comcast (CMCSA -1.8%) future in wireless is to be an MVNO with Verizon? I mean, give me a break. ... The timing of when the cable players come into the wireless phase — it's purely determined by who blinks first."
    • Previously: T-Mobile up as Legere sees 'significant' Q3 customer growth (Sep. 18 2015)
    • Previously: Verizon's McAdam: Earnings plateau in 2016, then off to races (Sep. 17 2015)
    • Previously: Verizon rolling out Go90 video service in beta program (Sep. 08 2015)
    | Fri, Sep. 18, 5:43 PM | 5 Comments
  • Fri, Sep. 18, 11:25 AM
    • T-Mobile (NYSE:TMUS) is up 0.7% as an update on current progress shows it's expecting to report "significant" customer growth for its Q3.
    • Speaking at Goldman Sachs' Communacopia conference, CEO John Legere says that as of early September the company had already exceeded the total net customer adds for Q2.
    • It also had matched Q2's branded postpaid net adds, and branded postpaid phone net adds.
    • Year over year, Legere says, the company's exceeded branded prepaid net adds -- which have tripled from Q2 2015.
    | Fri, Sep. 18, 11:25 AM | Comment!
  • Wed, Sep. 16, 3:33 PM
    • More squabbles among wireless carriers as T-Mobile (NYSE:TMUS), along with the rural service-focused Competitive Carriers Association, are pressing to prevent AT&T's (NYSE:T) purchase of valuable lower 700 MHz spectrum.
    • The deal concerns a purchase of license from Club 42 CM L.P. As often, it's an it said/it said situation. T-Mobile says AT&T hasn't demonstrated the deal is in the public interest and just wants to hoard low-frequency spectrum, while AT&T says T-Mobile has no good reason to oppose the deal other than to stop it from gathering the spectrum.
    • AT&T says the spectrum isn't being used and the FCC has agreed with the logic behind the purchase. CCA and T-Mobile have opposed the deal, writes AT&T's Joan Marsh, "arguing that the Commission should simply prohibit any incremental low-band spectrum aggregation by AT&T and Verizon. Period. They essentially assert that low band spectrum transactions should be deemed presumptively unlawful for any company named AT&T or Verizon."
    • "AT&T simply wants to grab more low-band spectrum to depress competition, reduce investment and stifle innovation," T-Mobile's Kathleen Ham told FierceWireless.
    • The FCC has said that transactions resulting in a carrier controlling one-third of spectrum below 1 GHz in any given market would be subject to enhanced review.
    | Wed, Sep. 16, 3:33 PM | 16 Comments
  • Thu, Sep. 10, 3:20 PM
    • Aside from the usual feature hype of Apple's new iPhones, it's the company's new financing plans that throw an interesting wrinkle at service providers, who have usually financed phones -- and some analysts figure T-Mobile (TMUS +0.6%) and Sprint (S -1.2%) have an edge with the new arrangement.
    • Wells Fargo's Jennifer Fritzsche notes the two have cheaper ways of getting the phone: T-Mobile's monthly offering of $20-$24/month, even with optional insurance of $8/month, still beats Apple's cheapest $32/month by $4. Meanwhile, Sprint's 24-month "iPhone forever" offering is $22/month (or even cheaper, $15/month, for those jumping this year).
    • The carriers have more comprehensive insurance as well, since AppleCare doesn't cover lost or stolen phones.
    • Switching carriers gets easier with Apple's new approach, to which leaders AT&T (T -0.1%) and Verizon (VZ +0.1%) are most vulnerable, she says. “However, we note that the vast majority (90%+) of T and VZ’s customer base is on corporate or family plans, which tend to be the stickiest customers.”
    • Meanwhile, at T-Mobile, John Legere is now pushing a "lifetime coverage guarantee" that offers refunds for device payments for unhappy iPhone 6s and 6s Plus buyers who use the carrier's Jump On Demand device plan, along with getting an unlocked device.
    • Previously: Sprint up 3.4% as it introduces plan to upgrade iPhones anytime (Aug. 17 2015)
    | Thu, Sep. 10, 3:20 PM | 19 Comments
  • Thu, Aug. 20, 7:29 PM
    • At least one end result of media consolidation will be all of the big four wireless firms linking up (via merger or alliances) with pay TV, says Oppenheimer's Tim Horan, with a prediction for the four survivors: AT&T, Verizon, Sprint -- and Comcast.
    • "Regardless of the timing, we expect all four wireless carriers to align with a paid TV provider in some form," Horan says. He writes that Oppenheimer sees Comcast (NASDAQ:CMCSA) and T-Mobile (NYSE:TMUS) aligning somehow, though Comcast denied interest in outright acquiring the carrier in June.
    • Comcast's hand might be forced by AT&T's (NYSE:T) plans for product bundling now that it's closed on DirecTV (NASDAQ:DTV). Charter (NASDAQ:CHTR) -- currently busy trying to acquire Time Warner Cable (NYSE:TWC) -- could deal for wireless as well, as it expands its public Wi-Fi.
    • Horan also thinks that Verizon (NYSE:VZ) might be the only real buyer for Dish Network's (NASDAQ:DISH) spectrum haul, which might come on the block after the FCC denied Dish $3.3B in spectrum-auction discounts. Oppenheimer sees only a 10% chance that Dish buys T-Mobile.
    • SoftBank had explored a sale of Sprint (NYSE:S) to TV providers including Comcast and Altice, unsuccessfully, and a potential merger with T-Mobile is considered at least as far off as the 2016 presidential election.
    | Thu, Aug. 20, 7:29 PM | 21 Comments
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Company Description
T-Mobile US Inc provideswireless communication servicesin the postpaid, prepaid, and wholesale markets.The Company's products and services includevoice, messaging, data services,wireless devices, smartphones and other mobile communication devices.