Financial Performance - T-Mobile reported a 6% year-over-year growth in postpaid service revenue, contributing to a total service revenue increase of 4% to $XX million in Q1 2024[28]. - Net income for Q1 2024 was $2.4 billion, with diluted earnings per share at $2.00, compared to $1.9 billion and $1.58 in Q1 2023[48]. - Core Adjusted EBITDA increased by 8% year-over-year, driven by higher service revenues and lower costs of services[53]. - Total revenues for Q1 2024 were $19.594 billion, compared to $20.478 billion in Q4 2023[74]. - Operating income for Q1 2024 was $3.998 billion, up from $3.480 billion in Q4 2023[74]. - Net income for Q1 2024 was $2.374 billion, compared to $2.014 billion in Q4 2023[74]. - Adjusted Free Cash Flow increased by 39% year-over-year, reaching $XX million, primarily due to higher net cash provided by operating activities[59]. - Adjusted Free Cash Flow for Q1 2024 is projected to be between $16,400 million and $16,900 million, with a previous range of $16,300 million to $16,900 million[97]. - Adjusted Free Cash Flow margin for Q1 2024 is projected at 20.8%, compared to 26.8% in Q4 2023[95]. Customer Growth and Retention - Postpaid net account additions showed continued growth, although there was a decrease in net additions due to fewer high-speed internet-only additions[8]. - Total postpaid customers reached 99,272 thousand in Q1 2024, up from 98,052 thousand in Q4 2023, representing a net addition of 1,220 thousand postpaid customers[81]. - Postpaid phone churn rate improved to 0.86% in Q1 2024, compared to 0.96% in Q4 2023[83]. - Total high-speed internet customers increased to 5,181 thousand in Q1 2024, up from 4,776 thousand in Q4 2023[85]. - The company reported a total of 4,634 thousand postpaid high-speed internet customers in Q1 2024, an increase from 4,288 thousand in Q4 2023[85]. Capital Expenditures and Investments - Cash purchases of property and equipment decreased by 12% year-over-year, reflecting increased capital efficiencies from prior investments in the 5G network[57]. - Net cash used in investing activities was $1,787 million in Q1 2024, compared to $1,221 million in Q4 2023[77]. - The guidance for cash purchases of property and equipment for FY 2024 is between $(8,600) million and $(9,400) million[97]. Debt and Financial Obligations - Total debt, excluding tower obligations, at the end of Q1 2024 was $80.6 billion, with net debt at $73.9 billion[65]. - The impact of net payments for merger-related costs on net cash provided by operating activities was $293 million in Q1 2024, down from $484 million in Q1 2023[52]. - Proceeds from the issuance of long-term debt amounted to $3,473 million in Q1 2024, compared to no proceeds in Q4 2023[77]. - The company aims to maintain a strong cash flow to support debt repayment and further investments in the business[99]. Shareholder Returns and Dividends - During Q1 2024, the company repurchased 21.9 million shares for $3.6 billion, totaling 136.2 million shares repurchased for approximately $19.8 billion as of March 31, 2024[65]. - The company paid a cash dividend of $0.65 per share, amounting to approximately $769 million on March 14, 2024[65]. - The remaining authorization for stock repurchases and quarterly cash dividends through December 2024 is $11.7 billion[65]. - T-Mobile's stockholder return program for 2023-2024 may not be fully utilized, potentially impacting stockholder value[102]. Future Guidance and Outlook - The company raised its 2024 guidance following strong performance in Q1 2024, indicating confidence in continued growth[6]. - Postpaid net customer additions are projected to be between 5.2 million and 5.6 million, an increase of 150 thousand from previous guidance[68]. - Core Adjusted EBITDA guidance for 2024 is revised to a range of $31.4 billion to $31.9 billion, reflecting an increase of $50 million[68]. - Net cash provided by operating activities is expected to be between $21.6 billion and $22.3 billion, also an increase of $50 million from previous guidance[68]. - T-Mobile anticipates a Core Adjusted EBITDA of approximately $7.617 billion for Q1 2024, indicating positive future outlook[92]. Risks and Challenges - The company faces risks related to competition, regulatory changes, and economic conditions that could affect future results[102]. - T-Mobile's substantial level of indebtedness poses challenges in servicing debt obligations[102]. - The company is subject to various regulatory and legal proceedings that may increase costs and affect operations[102]. - T-Mobile's wireless licenses are subject to renewal and may be revoked, impacting service delivery[102]. - T-Mobile's future results may be influenced by geopolitical instability and supply chain disruptions[102]. - The company operates under the interests of its controlling stockholder, Deutsche Telekom, which may differ from other stockholders[102]. Operational Highlights - T-Mobile US, Inc. operates an advanced 4G LTE and nationwide 5G network, providing reliable connectivity for customers[103]. - The company emphasizes a strong commitment to customer service and innovation, aiming to disrupt the wireless market[103].

Core Viewpoint - T-Mobile and EQT have formed a joint venture to acquire Lumos, aiming to enhance broadband services across the U.S. by leveraging Lumos' fiber platform and T-Mobile's market strengths [1][2][3] Company Overview - T-Mobile is recognized as America's 5G leader and the fastest-growing broadband provider, currently serving over 5 million customers with its 5G Internet and T-Mobile Fiber services [3] - EQT is a global investment organization focused on infrastructure, bringing expertise in fiber infrastructure investments to the joint venture [1][4] Joint Venture Details - The joint venture will acquire Lumos, which currently serves 320,000 households over 7,500 route miles in the Mid-Atlantic region, transitioning Lumos to a wholesale model with T-Mobile as the anchor tenant [2][4] - T-Mobile is expected to invest approximately $950 million for a 50% equity stake in the joint venture, with additional commitments of around $500 million anticipated between 2027 and 2028 [4][5] Market Impact - The joint venture aims to address the increasing demand for reliable, low-latency connectivity, expanding T-Mobile's broadband success and enhancing competition in the market [3][4] - The initiative is projected to enable Lumos to reach 3.5 million homes by the end of 2028, significantly increasing broadband access in underserved areas [4][5] Strategic Goals - The partnership focuses on market identification, network engineering, deployment, and customer installation to deliver high-speed fiber internet connectivity [2][4] - T-Mobile's CEO emphasized the importance of providing fast, affordable, and reliable internet to homes and businesses, positioning the company as a leader in broadband services [3]

T-Mobile US, Inc. (TMUS) is set to report first-quarter 2024 results on Apr 25, after the closing bell. In the trailing four quarters, the company delivered an earnings surprise of 1.33%. The wireless service provider is expected to witness a top-line expansion year over year, backed by growing demand for its postpaid services. Management’s focus on developing advanced 5G use cases is a tailwind.Factors at PlayDuring the quarter, T-Mobile joined forces with the leading AI-powered customer intelligence platf ...

The Zacks Wireless National industry appears to be mired in high capital expenditures for infrastructure upgrades, margin woes, supply-chain disruptions amid the prolonged Russia-Ukraine war and Israel-Hamas conflict, soft China market conditions and high customer inventory levels. However, the industry is likely to benefit in the long run from an accelerated 5G rollout and increased fiber densification.Against this backdrop, T-Mobile US Inc. (TMUS) , Verizon Communications Inc. (VZ) and United States Cellu ...

A company that can consistently pay more in dividends to its shareholders year after year is a great stock to own. Not only can you expect to receive a bigger dividend payment every year, but dividend growth stocks historically outperform the S&P 500.One such stock that could prove to be a phenomenal dividend grower is T-Mobile (TMUS -0.47%). Despite shares trading near their all-time high, they still look like a great value. The telecom stock sits on an increasingly strong cash position that can support it ...

In the latest trading session, T-Mobile (TMUS) closed at $161.16, marking a +0.26% move from the previous day. This change lagged the S&P 500's 0.89% gain on the day. Meanwhile, the Dow experienced a rise of 1.03%, and the technology-dominated Nasdaq saw an increase of 1.25%.Heading into today, shares of the wireless carrier had lost 0.81% over the past month, lagging the Computer and Technology sector's gain of 3.77% and the S&P 500's gain of 3.56% in that time.Analysts and investors alike will be keeping ...

T-Mobile Inc. (TMUS) joined forces with Dialpad to launch Ai Recaps, an AI-enabled communication solution designed to revolutionize professional interactions across industries. Dialpad, the leading AI-powered customer intelligence platform, extended its strategic partnership with T-Mobile for an additional three years, which began in 2021. The collaboration aims to explore innovative communication solutions for transforming business interactions.The recent venture marks a significant stride toward making AI ...

BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile” or “the Company”) announced today that the Company’s Board of Directors (the “Board”) has declared a cash dividend of $0.65 per share on its issued and outstanding shares of common stock. The dividend is payable on June 13, 2024 to stockholders of record as of the close of business on May 31, 2024. About T-Mobile US, Inc. T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and tr ...

T-Mobile (TMUS) closed at $162.86 in the latest trading session, marking a -0.75% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.29%. Meanwhile, the Dow experienced a drop of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.3%.Heading into today, shares of the wireless carrier had gained 1.65% over the past month, lagging the Computer and Technology sector's gain of 3.61% and the S&P 500's gain of 4.42% in that time.The upcoming earnings release of T-Mo ...

SAN FRANCISCO & BELLEVUE, Wash.--(BUSINESS WIRE)--Dialpad, Inc., the leading Ai-Powered Customer Intelligence Platform, in partnership with T-Mobile (NASDAQ: TMUS), announced today the general release of Ai Recaps and a three-year extension of the exclusive partnership between the two companies. Communication solutions are vital for any business — but they can be a real pain. Legacy PBX phone systems can be expensive and difficult to implement. And even though reliability is key, businesses can still dea ...