Earnings summaries and quarterly performance for T-Mobile US.
Executive leadership at T-Mobile US.
Srini Gopalan
Chief Executive Officer
Andre Almeida
President, Growth and Emerging Businesses
Deeanne King
Executive Vice President and Chief People Officer
John Saw
President, Technology
Jonathan Freier
President, Consumer Group
Mark Nelson
Executive Vice President and General Counsel
Michael Katz
President, Marketing, Strategy and Products
Mike Sievert
Vice Chairman
Nestor Cano
Executive Vice President, Transformation and Chief Information and Digital Officer
Peter Osvaldik
Executive Vice President and Chief Financial Officer
Board of directors at T-Mobile US.
Abdurazak Mudesir
Director
Christian Illek
Director
Dominique Leroy
Director
James Kavanaugh
Director
Letitia Long
National Security Director
Marcelo Claure
Director
Raphael Kubler
Director
Srikant Datar
Director
Teresa Taylor
Lead Independent Director
Thomas Dannenfeldt
Director
Thorsten Langheim
Director
Tim Hottges
Chair of the Board
Research analysts who have asked questions during T-Mobile US earnings calls.
Craig Moffett
MoffettNathanson
5 questions for TMUS
John Hodulik
UBS Group AG
5 questions for TMUS
Jonathan Chaplin
New Street Research
5 questions for TMUS
Kannan Venkateshwar
Barclays PLC
5 questions for TMUS
Benjamin Swinburne
Morgan Stanley
4 questions for TMUS
Michael Rollins
Citigroup
4 questions for TMUS
Samuel McHugh
BNP Paribas
4 questions for TMUS
Gregory Williams
TD Cowen
3 questions for TMUS
James Schneider
Goldman Sachs
3 questions for TMUS
Peter Supino
Wolfe Research
3 questions for TMUS
Chetan Sharma
Chetan Sharma Consulting
2 questions for TMUS
David Barden
Bank of America
2 questions for TMUS
Kutgun Maral
Evercore ISI
2 questions for TMUS
Eric Luebchow
Wells Fargo
1 question for TMUS
Simon Flannery
Morgan Stanley
1 question for TMUS
Timothy Horan
Oppenheimer & Co. Inc.
1 question for TMUS
Recent press releases and 8-K filings for TMUS.
- On January 7, 2026, T-Mobile USA, Inc., a wholly-owned subsidiary of T-Mobile US, Inc., announced plans to offer senior notes in a registered public offering, subject to market and other conditions.
- The net proceeds are intended to refinance existing indebtedness and for other general corporate purposes.
- Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC and UBS Investment Bank are the joint book-running managers for the proposed offering.
- A registration statement, including a prospectus, has been filed with the SEC; investors should review these documents for complete offering details.
- T-Mobile unveiled its Better Value family plan starting Jan. 14 at $140/month for three lines ($46/line + taxes & fees), marking its lowest premium plan price.
- The plan delivers over $1,000 in savings compared to AT&T and Verizon and includes a five-year price guarantee on talk, text and data.
- Features include unlimited premium data on its 5G network, 250 GB of high-speed hotspot data, unlimited North America & global data, satellite connectivity, and an entertainment bundle with Netflix, Hulu and Apple TV for $3/month.
- Available to new customers (3+ lines & 2 eligible ports) and existing customers with 3+ lines and 5+ years of tenure; customers can switch in 15 minutes via the T-Life app, with up to $800 in device balance payoff per line.
- On January 5, 2026, T-Mobile USA entered into a Second Amended and Restated Credit Agreement, increasing its revolving credit commitments from $7.5 billion to $10.0 billion and extending the maturity to January 5, 2031.
- Borrowings under the facility bear interest at the Base Rate or Term Benchmark/RFR plus margins ranging from 0.00% to 1.00%, with an unused commitment fee of 0.040%–0.080% per annum.
- The credit agreement includes a $1.5 billion letter of credit sub-facility and a $500 million swingline sub-facility, is unsecured, and is guaranteed by T-Mobile US, Inc. and its domestic restricted subsidiaries.
- Covenants include customary restrictions and a financial maintenance covenant requiring a Leverage Ratio of 4.50 to 1.00 or less at each fiscal quarter end.
- Srini Gopalan took the helm as CEO, marking the start of what T-Mobile calls its strongest year yet.
- Earned the title of America’s Best Network from Ookla after analyzing half a billion data points in real-world tests.
- Rolled out 5G Advanced nationwide with L4S technology to deliver faster speeds and lower latency for immersive applications.
- Launched T-Satellite with Starlink as a beta direct-to-cell service and grew the T-Life app to 90 million installs.
- Reported its strongest quarterly performance in over a decade, underscoring robust growth and customer engagement.
- The Board approved a $14.6 billion shareholder return program running through December 31, 2026, comprising share repurchases and cash dividends.
- Funds for repurchases will be reduced by dividends declared, including the Q1 2026 cash dividend of $1.02 per share payable March 12, 2026 to holders of record as of February 27, 2026.
- This 2026 program is in addition to the $14.0 billion plan through December 31, 2025; any unused 2025 authorization will be added to the 2026 program.
- In 2026, T-Mobile will focus on extending its network lead and closing perception gaps, driving digital/AI transformation, and accelerating broadband via FWA and fiber.
- Subscription growth in 2025 outpaced guidance, driven by robust customer lifetime values (CLVs) and “jump ball” plan expirations, with guidance based on CLVs rather than net adds.
- Digital/AI investments include 90M+ T-Life app downloads, 70% digital upgrades, and the “15 Minutes to Better” switch tool, underpinned by a partnership with OpenAI.
- Broadband growth: FWA customers doubled over two years to 8 million, targeting 12 million by end-2026; fiber partnerships prioritize homes connected and penetration over homes passed.
- The US Cellular integration raises synergies to $1.2 billion in 2 years, adds 47 MHz spectrum, while maintaining a $9–10 billion CapEx guide and ~26% free cash flow conversion.
- T-Mobile’s 2026 priorities are to extend its network lead across 5G and into 6G while closing the perception gap, accelerate AI-driven digital transformation (90 M T-Life app downloads, “15 Minutes to Better”), and drive broadband growth through FWA and fiber expansion.
- Fixed wireless (FWA) customers doubled to 8 M over two years, with usage up 30% and speeds ~50% higher; the company maintains a 12 M FWA customer guide, leveraging new mobile tech for capacity gains.
- The UScellular deal is on track to deliver $1.2 B in synergies by year two, adds 47 MHz spectrum over 37 M POPs, and is being integrated using the proven Sprint playbook.
- 2025–26 CapEx is forecast at $9–10 B (peaking at $10 B for UScellular), with long-term free cash flow conversion remaining industry-leading (26% of revenue) underpinned by current investments.
- Network leadership is a top priority, aiming to extend T-Mobile’s U.S. 5G/6G advantage and close perception gaps to convert premium Verizon/AT&T customers.
- Digital and AI transformation investments include a partnership with OpenAI and the T-Life app, which has 90 million downloads and handles 70 % of device upgrades digitally.
- Broadband expansion saw fixed wireless subscribers double to 8 million over two years, with a goal of 12 million customers by 2027, leveraging 5G capacity enhancements.
- US Cellular acquisition integration is progressing ahead of plan, boosting expected synergies from $1 billion over 3–4 years to $1.2 billion over 2 years and adding 47 MHz of spectrum for 37 million pops.
- T-Mobile reviewed the CEO transition to Srini Gopalan, who will focus on network leadership, digital customer experience, and broadband growth, ensuring strategic continuity.
- Management sees a competitive Q4 promotional environment but reaffirmed full‐year post‐paid phone net adds guidance of 3.3 M (implying strong Q4 performance).
- The company emphasized 5G fixed wireless growth, adding 560 K broadband customers in Q3 and targeting 12 M customers by end-2028, with 70% in top 100 markets.
- T-Mobile is pushing its claim as America’s best network, launching new advertising to address perception gaps and attract AT&T/Verizon network seekers.
- Integration of UScellular assets is proceeding on schedule, adding 37 M pops, retaining 2 K sites, and unifying under the T-Mobile brand ahead of customer migrations in 2026.
- T-Mobile highlighted the recent CEO transition, noting Srini Gopalan’s three priorities: extending network leadership, elevating customer experience through digitalization, and driving broadband growth.
- The company described a competitive Q4 holiday environment with headline offers (e.g., four lines for $100) contributing low-single-digit gross additions, and reaffirmed its postpaid phone net adds guidance of 3.3 million for FY 2025.
- Fixed wireless broadband continues to scale, reaching nearly 9 million customers with a target of 12 million by end-2028; about 70% of this growth is in urban/suburban markets and 30% in rural, primarily displacing cable.
- T-Mobile completed the UScellular acquisition on August 1, adding 47 MHz across 37 million POPs, integrating roughly 2,000 sites into its network, and unifying all new customer acquisition under the T-Mobile brand.
- The T-Life super app has achieved 85 million downloads and sees over 20 million active lines monthly, with two-thirds of device upgrades processed via the app, simplifying customer journeys and improving efficiency.
Quarterly earnings call transcripts for T-Mobile US.
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