What carrier owns T-Mobile?

Posted on: 13 Aug 2024
What carrier owns T-Mobile?

T-Mobile is run as of right now by T-Mobile US, Inc., a cellular network business out of the United States of America. T-Mobile has an intriguing history, however, in terms of ownership and mergers throughout time.

Originally under the name VoiceStream Wireless PCS, the firm was bought by Deutsche Telekom AG (DTAG) in 2001 and then renamed T-Mobile USA. Originally running as a distinct brand in the United States for many years, T-Mobile was founded as a US affiliate of DTAG, the German telecommunication corporation.

Before authorities approved the purchase, AT&T suggested a $39 billion acquisition of T-Mobile USA, therefore becoming the largest cellular telecommunications company in the United States. AT&T Internet was unable to proceed with the agreement, nevertheless, after various legislative defeats resulting from the US Department of Justice and FCC. Along with the rights to certain surplus cellular spectrum AT&T had, T-Mobile did acquire $3 billion in cash, which would benefit the latter going forward.

Under a transaction valued at $1.5 billion, T-Mobile acquired MetroPCS, a regional player in 2013. In terms of market coverage and spectrum space purchase, T-Mobile found a great advantage from this. Later, in 2014, T-Mobile bought $3 billion of wireless spectrums from Verizon to improve its future 5G systems.

But in December 2018, after a protracted period, Sprint's acquisition of T-Mobile US was announced for a sum of $26 billion. Anti-competition raised questions, hence the merger between T-Mobile and Sprint took time and was authorized in 2020. The two businesses combined to form a new firm running under the T-Mobile brand and trademark. This has made T-Mobile, behind Verizon and AT&T, the third biggest cellular provider in the United States. Still, T-Mobile keeps very busy in the field and aggressively raises its market share.

T-Mobile is therefore now an independent public business, while Deutsche Telekom AG holds over half of the carrier's shares. With over a hundred million users, the mergers, acquisitions, and attempted buyouts over more than 25 years have helped to expand what is now one of the biggest cellular communications networks in the United States. For the US cellular sector, the "Un-carrier" strategies—that which relate to unusual marketing techniques and customer-preferred policies—have not been bad. While waiting for the future expansion of 5G networks throughout the nation, T-Mobile still faces competition from its bigger rivals.

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