Concept

T-Mobile US

Summary
T-Mobile US, Inc. is an American wireless network operator headquartered in Overland Park, Kansas, and Bellevue, Washington, U.S. Its largest shareholder is multinational telecommunications company Deutsche Telekom AG, which , holds a 53.3% majority stake in the company. T-Mobile US is the third-largest wireless carrier in the United States, with 113.6 million subscribers at the end of Q4 2022. The company was founded in 1994 by John W. Stanton of the Western Wireless Corporation as VoiceStream Wireless. Deutsche Telekom then gained plurality ownership in 2001 and renamed it after its T-Mobile brand. T-Mobile US provides wireless voice and data services in the United States under the T-Mobile and Metro by T-Mobile brands (the latter was acquired via the purchase of MetroPCS in a reverse takeover in 2013, resulting in T-Mobile going public on the NASDAQ stock exchange), and also serves as the host network for many mobile virtual network operators. The company has annual revenues of around 80billion.In2015,ConsumerReportsnamedTMobilethenumberoneAmericanwirelesscarrier.OnApril1,2020,TMobileandSprintCorporationcompletedtheirmerger,withTMobilenowbeingthesoleownerofSprint,makingSprintaneffectivesubsidiaryofTMobileuntiltheSprintbrandwasofficiallydiscontinuedonAugust2,2020,withtheheadquartersbecomingTMobileoffices.Aspartofthemerger,TMobileUSacquiredAssuranceWireless,theservicesubsidizedbytheLifelineAssistanceprogramofthefederalUniversalServiceFund.TMobileU.S.tracesitsrootstothe1994establishmentofVoiceStreamWirelessPCSasasubsidiaryofWesternWirelessCorporation.AfteritsspinofffromparentWesternWirelessonMay3,1999,VoiceStreamWirelesswaspurchasedbyDeutscheTelekomAGin2001for80 billion. In 2015, Consumer Reports named T-Mobile the number one American wireless carrier. On April 1, 2020, T-Mobile and Sprint Corporation completed their merger, with T-Mobile now being the sole owner of Sprint, making Sprint an effective subsidiary of T-Mobile until the Sprint brand was officially discontinued on August 2, 2020, with the headquarters becoming T-Mobile offices. As part of the merger, T-Mobile US acquired Assurance Wireless, the service subsidized by the Lifeline Assistance program of the federal Universal Service Fund. T-Mobile U.S. traces its roots to the 1994 establishment of VoiceStream Wireless PCS as a subsidiary of Western Wireless Corporation. After its spin off from parent Western Wireless on May 3, 1999, VoiceStream Wireless was purchased by Deutsche Telekom AG in 2001 for 35 billion and renamed T-Mobile USA, Inc., in July 2002. In 2013, T-Mobile and MetroPCS finalised a merger of the two companies which started trading as T-Mobile U.S.
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