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Metro by T-Mobile Reinforces Wireless Value With “The Metro Drop” — A Streetwear Collab That Puts Savings Back in Style
Businesswire· 2025-09-25 14:00
Core Insights - Metro by T-Mobile has launched a new series of limited-edition merchandise called "The Metro Drop" to celebrate its lowered plan prices and a five-year price guarantee on talk, text, and data [1] - The first release, titled "The Price Drop Drop," features collaborations with renowned Chicago artist Mâa Lee and includes graphic tees, statement hats, and socks [1] Company Initiatives - The Metro Drop aims to turn Metro's pricing strategy into wearable art, enhancing brand visibility and customer engagement [1] - The merchandise is available for purchase at themetrodrop.com, indicating a direct-to-consumer sales approach [1] Market Positioning - The initiative reflects Metro by T-Mobile's strategy to differentiate itself in a competitive telecommunications market by leveraging creative collaborations [1] - The collaboration with a well-known artist like Mâa Lee suggests a focus on appealing to a younger, trend-conscious demographic [1]
T-Mobile Seen Adding Millions Of New Customers Each Year Despite Sluggish Economy
Yahoo Finance· 2025-09-23 16:19
Core Viewpoint - T-Mobile US is set for leadership continuity with COO Srini Gopalan taking over as CEO on November 1, aiming to drive network and broadband growth in a competitive U.S. market [1][2] Leadership Transition - The appointment of Srini Gopalan as CEO is seen as a continuation of T-Mobile's strategy rather than a disruption, with former CEO Mike Sievert remaining as Vice Chairman for at least a year [2] - Most of T-Mobile's key executives have recently renewed their contracts, indicating stability within the leadership team [2] Executive Experience - Gopalan brings significant experience, having previously served as CEO of T-Mobile Germany and as group COO, which supports T-Mobile's strategy in fiber and broadband [3] Network and Marketing Edge - T-Mobile maintains a competitive advantage with a 35% performance lead on Apple's iPhone 17 due to its standalone 5G core and advanced transition [4] - Device innovation and AI integration are expected to enhance customer switching rates [4] Customer Growth and Engagement - T-Mobile has grown its customer base to over 130 million from 30 million since Sievert took over in 2020, with the T-Life platform enhancing customer engagement [5] - Early sales of the iPhone 17 have shown double-digit gains in pre-orders and activations [5] Spectrum Strategy and Broadband Growth - T-Mobile employs a disciplined spectrum strategy, enhancing its 600MHz and mid-band assets [6] - The company’s Home Internet service has reached 7.3 million users, with data usage increasing by over 25% [6] - Gopalan argues that mobile broadband is advancing faster than DOCSIS, positioning T-Mobile as the fastest-growing broadband provider in the nation [6] Partnerships and Market Position - Partnerships with companies like Starlink are helping T-Mobile close rural service gaps, while fiber partnerships reduce capital intensity [7] - T-Mobile captured 68% of net postpaid phone additions in Q2 2025, up from the previous year, adding 3.1 million postpaid phone customers in 2024 [7]
The City of Buffalo partners with Verizon Business to advance public safety communications
Globenewswire· 2025-09-23 13:00
Core Insights - The City of Buffalo, the Buffalo Police Department (BPD), and Verizon Business have announced a comprehensive communications upgrade aimed at enhancing efficiency and effectiveness in serving the community [1][2]. Group 1: Communications Upgrade Details - The upgrade includes advanced communication tools for city employees and police officers, ensuring they have the necessary resources to meet evolving community needs [2]. - City departments will have access to 5G Ultra Wideband-enabled smartphones and tablets, updated routers, Mi-Fi hotspots, connected laptops, and a Verizon Frontline Network Slice for enhanced connectivity [5]. Group 2: Benefits for Public Safety - The BPD will benefit from real-time information access, enhanced situational awareness, and secure communications, which are critical for their mission in a city with over 250,000 residents [2][5]. - The partnership with Verizon emphasizes the commitment to equipping public safety agencies with cutting-edge technology required for modern policing [2][3]. Group 3: Verizon's Commitment - Verizon has a long-standing commitment to the Buffalo community, including being the exclusive wireless telecommunications partner of the Buffalo Bills and New Highmark Stadium [2]. - Verizon generated revenues of $134.8 billion in 2024, showcasing its strong market position and ability to innovate [4].
You can still find relatively inexpensive stocks if you know where to look, says Jim Cramer
Youtube· 2025-09-23 00:22
Group 1 - The current market presents a challenge for investors seeking safe places to allocate new capital, as stock averages are reaching record highs after significant rallies [1] - A search for S&P 500 stocks with above-average growth and below-average price multiples revealed that the S&P is expected to achieve 12.5% earnings growth next year, trading at just under 22 times next year's earnings [2] - A total of 104 stocks were identified that fit the criteria, with energy and materials stocks excluded due to concerns about those sectors, leaving 86 stocks for further evaluation [3] Group 2 - T-Mobile is highlighted as a favorable stock, with a leadership transition occurring as CEO Mike Sever will become vice chairman, succeeded by COO Shini Gopalan [4] - T-Mobile is projected to deliver 19.4% earnings growth next year while trading at just over 18 times next year's earnings, indicating a potentially attractive investment opportunity [4]
Outgoing T-Mobile CEO on why the company named Srini Gopalan as CEO: ‘He's ready'
Youtube· 2025-09-22 14:53
Leadership Change - T-Mobile announced a major leadership change with Mike Sever stepping down as CEO to become vice chairman, effective November 1st, while current COO Shini Gopalan will take over as CEO [1] - Sever emphasized the importance of timing for leadership transitions, stating that Gopalan is ready to lead during a period of unprecedented success for the company [1][3] Company Performance - T-Mobile reported record growth, achieving the greatest Q2 and year of growth in its history, indicating strong operational performance [1][3] - iPhone sales at T-Mobile reached all-time record highs, with double-digit growth compared to the previous year, reflecting strong customer acquisition and retention [2][3] Competitive Landscape - The competitive landscape in the wireless industry remains dynamic, with cable companies like Comcast and Charter aggressively entering the wireless market [7][8] - T-Mobile's strong network and digital capabilities position it well to attract customers, as the company believes that competition leads to more opportunities for customer switching [9][10] Digital Transformation - T-Mobile is leveraging digital skills and AI to simplify the customer switching process, aiming to enhance customer experience and reduce trade-offs [5][6] - The company has over 75 million downloads of its T Life app, which facilitates easier switching for customers [5]
T-Mobile Names Telecom Veteran as Next CEO
WSJ· 2025-09-22 11:00
Group 1 - Srini Gopalan will take over leadership of the wireless carrier after Mike Sievert's five-year tenure [1]
T-Mobile (TMUS) Completes UScellular Merger, Eyes $1.2 Billion Annual Cost Savings
Yahoo Finance· 2025-09-21 07:59
Group 1 - T-Mobile US, Inc. anticipates an increase in service revenue by approximately $400 million this quarter due to the integration of UScellular users [1] - The $4.4 billion merger with UScellular was approved by US antitrust regulators in July, allowing T-Mobile to acquire 30% of UScellular's spectrum holdings, wireless operations, subscribers, and retail locations [2] - T-Mobile now expects annual cost savings of nearly $1.2 billion from the integration, up from an original projection of around $1 billion [3]
Verizon remains America’s Best Wireless Network, Setting the Highest Bar for Quality and Reliability
Globenewswire· 2025-09-18 15:00
Core Insights - Verizon has achieved 35 consecutive J.D. Power awards for Network Quality, demonstrating its long-term leadership in wireless network performance [1][4] - The company is recognized for providing the best overall network performance in over 100 cities, as per RootMetrics [1][3] - Verizon's focus on reliability, security, and nationwide coverage sets a high standard for network quality [3][5] Network Quality Performance - Verizon ranks 1 for Network Quality in five regions, with ties in the Southwest and North Central regions according to the J.D. Power 2025 U.S. Wireless Network Quality Performance Study [4] - The company has received the highest number of awards for network quality compared to all other brands from 2003 to 2025 [4] Financial Performance - Verizon generated revenues of $134.8 billion in 2024, serving millions of customers and nearly all Fortune 500 companies [5] Innovation and Coverage - Verizon's 5G Ultra Wideband network offers exceptional speed and low latency, designed for critical services [6] - The network covers 99% of the U.S. population, ensuring fewer dropped calls and a reliable experience [6]
T-Mobile Tops $19M in Hometown Grants, Empowering 425 Local Communities Nationwide
Businesswire· 2025-09-18 13:01
BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile (NASDAQ: TMUS) today revealed the latest 25 towns to score a Hometown Grant, bringing the total to 425 recipients since the company launched its five-year commitment to small towns and rural communities in April 2021. With each town getting up to $50,000 to help fund local projects, T-Mobile has now given over $19 million in grants to towns across 48 states and Puerto Rico, supporting initiatives that strengthen communities and improve lives. In the ye. ...
T-Mobile US (NasdaqGS:TMUS) 2025 Conference Transcript
2025-09-10 20:27
Summary of T-Mobile US Conference Call Company Overview - **Company**: T-Mobile US (NasdaqGS: TMUS) - **Date**: September 10, 2025 - **Focus**: Growth strategy, financial performance, market opportunities, and competitive positioning in the telecommunications industry Key Points Industry Position and Growth Strategy - T-Mobile is positioned as the growth leader in the telecommunications industry, focusing on near-term, medium-term, and long-term growth strategies [1][2][3] - The company reported record performance in Q2, with significant metrics such as postpaid net additions and service revenue growth outpacing competitors by three times [1][2] - T-Mobile has led the industry for 13 consecutive quarters in both postpaid and broadband net additions, indicating a successful growth strategy [2][4] Market Opportunities - T-Mobile is targeting underpenetrated segments, particularly in rural areas and smaller markets, where it is experiencing growth at twice the market share [3][4] - The company sees a substantial opportunity among "network seekers" in the top 100 markets, with millions of potential customers switching from competitors [3][8] - The enterprise and government sectors are identified as significant growth areas, with record performance in Q2 [4][48] Digital Transformation and Customer Experience - T-Mobile has made significant advancements in IT and digital capabilities, with 75 million downloads of its T-Life app, enhancing customer experience and operational efficiency [9][11] - The company aims to reduce friction in the customer switching process, leveraging digital tools and AI to improve service delivery [9][10] Competitive Landscape - T-Mobile is comfortable with the current competitive environment, noting that its customer acquisition value aligns with historical norms despite increased churn rates [20][21] - The company emphasizes its best value proposition, allowing customers to save 20% by switching to T-Mobile, which is increasingly recognized as having the best network [21][27] Financial Performance and Capital Allocation - T-Mobile reported a cash flow of 26% of service revenue, leading the industry [2] - The company is focused on maintaining a leverage ratio of 2.5x EBITDA while pursuing attractive business opportunities, including spectrum and fiber investments [71][75] - T-Mobile's broadband strategy includes a target of 12 million fixed wireless access subscribers and 12 to 15 million fiber homes passed by 2028 [50][63] Future Outlook - T-Mobile's leadership believes the best days are ahead, with ongoing investments in technology and network capabilities expected to drive future growth [12][76] - The company is optimistic about the integration of UScellular, which is anticipated to enhance its network and market presence [41][44] Conclusion - T-Mobile US is positioned for continued growth and success in the telecommunications industry, with a strong focus on customer experience, digital transformation, and strategic market opportunities [76][77]