T-Mobile US, Inc. (NASDAQ:TMUS) Deutsche Bank's 32 Annual Media, Internet & Telecom Conference Call March 11, 2024 8:50 AM ET Company Participants Jon Freier - President, Consumer Group Conference Call Participants Bryan Kraft - Deutsche Bank Bryan Kraft Okay. All right. Hi, everyone. I'm Bryan Kraft. So I cover the media and telecom cable sectors for Deutsche Bank on the equity side. And before I introduce Jon, I just wanted to take a second to welcome everyone to the conference. It's great to see, so many ...

T-Mobile US, Inc. Conference Call Summary Industry Overview - The telecom industry continues to grow, with increasing revenues and cash flows at the industry level [4][5] - Competitive activity remains intense, with consistent promotional offers across the market [5] Company Strategy and Focus Areas - T-Mobile has three main priorities: 1. Serve customers better than competitors 2. Profitably gain market share 3. Generate industry-leading cash flows [7] - Focus on underpenetrated segments, including smaller markets and rural areas, which represent approximately 40% of the U.S. population [9] Market Share and Growth - T-Mobile's market share in smaller markets has increased from 13% in 2021 to 17.5% by the end of 2023, with a goal of reaching 20% by 2025 [9][10] - The company is experiencing strong win share in these markets, indicating effective strategies [10] Network Performance - T-Mobile covers 330 million people with 5G, surpassing competitors in overall availability [16] - The company aims to have 200 megahertz of mid-band spectrum dedicated to 5G, enhancing network depth [16] Customer Experience and Brand Strength - T-Mobile's brand is resonating well, particularly in the high-end market, with lower bad debt as a percentage of total revenues compared to competitors [19] - The enterprise segment is performing strongly, contributing to overall consumer growth [20] Pricing and ARPU - Consumer Postpaid ARPU is growing, driven by premium plans like Go5G [22] - T-Mobile maintains a value leadership position while exploring ways to optimize customer offerings [25] Customer Engagement Initiatives - The Magenta Status loyalty program launched before the Super Bowl has received positive customer feedback [28] - The T Life app aims to consolidate digital engagement, enhancing customer service and relationships [32] Fixed Wireless Access Growth - T-Mobile has nearly 5 million fixed wireless access customers, with a target of 7 to 8 million [48] - The company is adjusting pricing strategies to maximize enterprise value as it approaches capacity limits [49] Subscriber Growth and Market Dynamics - Industry Postpaid Phone subscriber growth is moderating post-pandemic, but T-Mobile expects to add 5 to 5.5 million postpaid net adds in 2024 [55] - The company is focused on adapting its strategies to market conditions, whether they involve high switching rates or more stable environments [55] Satellite Coverage Initiative - T-Mobile's partnership with Starlink aims to provide off-grid satellite coverage, starting with text messaging capabilities by the end of the year [57][58] Prepaid Market Insights - T-Mobile's prepaid segment, led by Metro by T-Mobile, continues to grow, with 282,000 net adds in 2023 [61] - The company sees a positive trend in the transfer of customers from prepaid to postpaid, enhancing overall customer lifetime value [62] Mint Mobile Acquisition - The proposed acquisition of Mint Mobile is seen as complementary to T-Mobile's existing prepaid offerings, pending regulatory approval [64][65]

In the latest market close, T-Mobile (TMUS) reached $164.39, with a -1.81% movement compared to the previous day. The stock's performance was behind the S&P 500's daily gain of 1.03%. Elsewhere, the Dow saw an upswing of 0.34%, while the tech-heavy Nasdaq appreciated by 1.51%.The wireless carrier's stock has climbed by 3.49% in the past month, exceeding the Computer and Technology sector's gain of 2.52% and the S&P 500's gain of 3.21%.Market participants will be closely following the financial results of T- ...

T-Mobile is lighting up massive amounts of new 5G spectrum won in Auction 108 over the next few weeks, covering more than 57 million customers over nearly 300,000 square miles Additional Ultra Capacity 5G immediately begins supercharging network performance for customers across the country, primarily in rural areas (Graphic: Business Wire)T-Mobile is lighting up massive amounts of new 5G spectrum won in Auction 108 over the next few weeks, covering more than 57 million customers over nearly 300,000 square m ...

T-Mobile US, Inc. Conference Call Summary Company Overview - **Company**: T-Mobile US, Inc. (NASDAQ: TMUS) - **Event**: Morgan Stanley Technology, Media & Telecom Conference - **Date**: March 5, 2024 Key Industry Insights - **Industry Dynamics**: The wireless industry is experiencing a moderation in postpaid phone net additions after heightened growth in previous years, but T-Mobile expects to maintain a strong position due to its unique value proposition and network capabilities [16][17] - **Market Opportunities**: T-Mobile is focusing on underpenetrated markets, including rural areas and enterprise segments, to drive growth [7][9][10] Financial Guidance and Performance - **2024 Guidance**: T-Mobile expects 5 million to 5.5 million postpaid net additions, with a core EBITDA growth of approximately 9% and low 20% growth in free cash flow [8][15] - **Service Revenue Growth**: T-Mobile led the industry in service revenue growth in 2023, particularly in postpaid service revenue [8] Strategic Initiatives - **Network Development**: T-Mobile is committed to maintaining its lead in network quality, with significant investments in 5G technology and infrastructure [13][73] - **Customer-Driven Coverage**: The company is shifting to a customer-driven coverage model, focusing on building networks based on customer data and needs rather than just geographic coverage [24][25] Competitive Positioning - **Perception Improvement**: T-Mobile has made significant progress in closing the perception gap with competitors like Verizon and AT&T regarding network quality [12][13] - **Enterprise Market**: T-Mobile is enhancing its relationships with enterprise customers by demonstrating the capabilities of its network beyond just cost savings [32][33] Fixed Wireless Access (FWA) - **FWA Growth**: T-Mobile has nearly 5 million FWA customers and aims to grow to 7 million to 8 million, with strong customer satisfaction metrics [10][39] - **Network Capacity Management**: The company employs a disciplined approach to FWA deployment to avoid congestion and ensure quality service [41][42] Capital Expenditure and Financial Strategy - **CapEx Guidance**: T-Mobile expects capital expenditures to remain in the range of 9% to 10% of revenue, focusing on network expansion and modernization [72][73] - **Capital Allocation**: The company plans to invest in business growth, explore M&A opportunities, and return capital to shareholders through dividends and buybacks [80][81] Additional Insights - **Satellite Communication**: T-Mobile is on track for a beta rollout of satellite messaging services, which could enhance network coverage in underserved areas [76][78] - **AI and Efficiency**: The company is leveraging AI to improve customer service and operational efficiency, with ongoing initiatives in various business areas [67][70] Conclusion T-Mobile US, Inc. is strategically positioned to capitalize on growth opportunities in the wireless industry through its strong network capabilities, focus on customer needs, and disciplined financial management. The company is optimistic about its future performance, driven by its unique value proposition and ongoing investments in technology and infrastructure.

T-Mobile US, Inc. (NASDAQ:TMUS) Morgan Stanley Technology, Media & Telecom Conference March 5, 2024 3:35 PM ET Company Participants Michael Katz - President, Marketing, Strategy and Products Peter Osvaldik - Executive Vice President and Chief Financial Officer Conference Call Participants Simon Flannery - Morgan Stanley Simon Flannery Good afternoon, everybody. It's my great pleasure to welcome Peter and Mike from T-Mobile. Thanks for joining us again. I think you have a safe harbor. Peter Osvaldik Yes, ju ...

helen89/iStock Editorial via Getty Images Introduction Let me start this article by showing you the 1-year performances of the nation's biggest telecom service stocks. Company 1Y Performance (Ex. Dividends) T-Mobile US (NASDAQ:TMUS) 15.6% Comcast Corp. (CMCSA) 16.8% Verizon Communications (VZ) 5.0% AT&T (T) -9.0% Charter Communications (CHTR) -19.1% T-Mobile US, the star of this article, hasn't just performed really well over the past 12 months but outperformed all of its peers by a HUGE ...

BELLEVUE, Wash.--(BUSINESS WIRE)--Jon Freier, president of the consumer group of T-Mobile US, Inc. (NASDAQ: TMUS), will present and provide a business update on Monday, March 11, 2024 at 8:50 a.m. Eastern Time (ET) at the 32nd Annual Deutsche Bank Media, Internet & Telecom Conference. A live webcast of the event will be available on the Company’s Investor Relations website at http://investor.t-mobile.com. An on-demand replay will be available shortly after the conclusion of the presentation. To automatica ...

T-Mobile US, Inc. (TMUS) is set to revolutionize broadband connectivity in Puerto Rico with the launch of its 5G Home Internet service, reinforcing its commitment to providing accessible and reliable broadband options. By offering fixed wireless Internet through its leading 5G network, T-Mobile aims to empower customers with affordable choices, disrupting the traditional broadband landscape.T-Mobile's 5G Home Internet promises several advantages, including a flat monthly price of $50 with AutoPay, no hidden ...

In the latest trading session, T-Mobile (TMUS) closed at $163.37, marking a +0.04% move from the previous day. The stock lagged the S&P 500's daily gain of 0.8%. At the same time, the Dow added 0.23%, and the tech-heavy Nasdaq gained 1.14%.Shares of the wireless carrier witnessed a gain of 0.49% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 5.97% and the S&P 500's gain of 5.2%.The upcoming earnings release of T-Mobile will be of great interest to in ...