T-Mobile US(NASDAQ) TMUS

T-Mobile US, Inc. helps people stay connected through wireless phone services. The company provides mobile plans and internet to millions of customers. These services work across the United States and several territories.

Connecting Millions Across the Country

• Postpaid Services: Monthly wireless and data plans for customers who pay after receiving service; generated $31.5 billion in revenue for the six-month period ended June 30, 2026.
• Prepaid Services: Wireless connectivity under T-Mobile and Metro brands where users pay in advance; generated $5.0 billion in revenue for the six-month period ended June 30, 2026.
• Wholesale and Other: Network access for third-party mobile virtual network operators, known as MVNOs, which resell service; generated $1.3 billion in revenue for the six-month period ended June 30, 2026.
• Equipment Sales: Distribution of smartphones, wearables, tablets, and accessories; generated $7.5 billion in revenue for the six-month period ended June 30, 2026.

Strategic Moves and Major Mergers

• Completed the acquisition of the UScellular Wireless Business on Aug. 1, 2025.
• Acquired digital advertising firms Vistar Media for $621 million and Blis for $180 million in early 2025.
• Formed fiber-to-the-home joint ventures by investing $932 million in Lumos and $4.6 billion in Metronet during 2025.
• Agreed to create a satellite-based joint venture with AT&T and Verizon in May 2026 to address coverage dead zones.
• Merged with Ka'ena Corporation, which includes the Mint Mobile brand, on May 1, 2024.

How Does T-Mobile Stay Competitive?

T-Mobile serves approximately 108.7 million subscribers across its various service segments. The company maintains a network infrastructure that included 102,000 macro cell sites and 41,000 small cell locations as of Dec. 31, 2021. It uses a wholesale model for fiber expansion, owning residential customer relationships while using partner networks for access.

Performance by the Numbers

• Total revenues reached $45.9 billion for the six-month period ended June 30, 2026, up 9% year over year.
• Net income was $5.7 billion for the six-month period ended June 30, 2026, down 7% year over year.
• Core Adjusted EBITDA, which measures profit before certain non-cash and noncore items, was $18.8 billion for the six-month period ended June 30, 2026, up 12% year over year.
• Postpaid average revenue per account, or ARPA, grew to $152.42 for the six-month period ended June 30, 2026, up 3% year over year.
• Net cash provided by operating activities was $14.7 billion for the six-month period ended June 30, 2026, up 6% year over year.

Evolution of the Uncarrier

T-Mobile has transformed from a traditional wireless carrier into a diversified connectivity provider through large-scale acquisitions and multinetwork partnerships. The company continues to integrate these new businesses while shifting its focus toward high-value postpaid accounts and expanded fifth-generation, or 5G, services.