T-Mobile US, Inc. (TMUS) experienced an increase of 7.88% in aftermarket following the announcement that T-Mobile’s Unique Formula makes good Industry-Leading Service Revenue. However, the last trading session closed at $109.58 with an increase of 0.027%.
Industry-Leading Service Revenue – Fourth Quarter Results
TMUS announced on 2nd February 2022 that the company’s new formula has made outstanding revenue with amazing cash flow growth. The company experienced service revenues of $15 billion with a net income of about $422 million. Last but not the least, the core adjusted EBITDA totaled $5.7 billion.
How was TMUS’s quarter?
The executives have considered this year the best year ever at T-Mobile. TMUS didn’t simply reach the lofty targets in 2021 for user growth, profitability, merger synergies, and network expansion but they smashed them all. The industry-leading year-end achievements such as adding 1.2 million postpaid accounts and 5.5 million postpaid customers. Later it will bring Ultra Capacity 5G to 210 million people demonstrating that the Un-carrier is the fastest-growing wireless provider.
And TMUS is on track to maintain that position through 2022 and if the company sticks to the winning strategy and makes the investments that have propelled them to this point. Lastly, TMUS is in the finest possible position to keep delivering, with plenty of room to grow.
$2.5 million donations by TMUS – More about it
TMUS reported on 1st February that it has announced a donation of about $2.5 million to encourage the next generation of amazing leaders. T-commitment Mobile aims to support organizations and provide opportunities that empower Black scholars, technologists, and business leaders. Moreover, Black History Month is the ideal time to build on and reinforce the Un-commitment carrier’s to Equity in Action. This can be done by working with partners to deliver even more resources to the communities’ young diverse leaders.
5G Leadership in Auction 110 – Worth it?
On 31st January 2022, TMUS announced that it spent over $3 billion in FCC Auction 110 to secure more mid-band spectrum for its industry-leading Ultra Capacity 5G network. Moreover, the Un-carrier acquired an average of 21 MHz of mid-band spectrum in critical places across the US. This will be used to add more depth to its already robust Ultra Capacity 5G network. Later it will bring even faster speeds and better performance.
The company has the largest, quickest, and most dependable 5G network in the world. And they are always working to improve it. Furthermore, TMUS will use this additional spectrum to elevate the 5G network to the next level and deliver even better 5G performance to the clients across the country, while Verizon and AT&T continue to compete for second place in the 5Grace.
