Public | |
Traded as |
NASDAQ: TMUS NASDAQ-100 Component |
Industry | Wireless telecommunications |
Predecessor | VoiceStream Wireless Inc. T-Mobile USA Inc. MetroPCS Communications Inc. |
Founded | 1994 |
Founder | John W. Stanton |
Headquarters | Bellevue, Washington, United States |
Area served
|
United States Puerto Rico U.S. Virgin Islands |
Key people
|
|
Products |
Mobile telephony Wireless broadband |
Revenue | $37.2 billion (2016) |
$3.8 billion (2016) | |
$1.5 billion (2016) | |
Total assets | $65.9 billion (2016) |
Total equity | $18.2 billion (2016) |
Owners |
|
Number of employees
|
50,000 (2016) |
Divisions | MetroPCS |
Website | www |
Footnotes / references |
T-Mobile US is a major wireless network operator in the United States. The German telecommunications company Deutsche Telekom (DT) is its majority shareholder. Its headquarters are located in Bellevue, Washington, in the Seattle metropolitan area. T-Mobile is the third largest wireless carrier in the United States with 72.6 million customers as of Q1 2017.
T-Mobile US provides wireless voice and data services in the United States, Puerto Rico and the U.S. Virgin Islands under the T-Mobile and MetroPCS brands (which it acquired in a reverse takeover in 2013, resulting in the company 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 $37 billion. Its network reaches 98 percent of Americans. In 2015, Consumer Reports named T-Mobile the number one American wireless carrier. In 2017, T-Mobile was ranked #1 in Customer Service Satisfaction by Nielsen.
T-Mobile US traces its roots to the 1994 establishment of VoiceStream Wireless PCS as a subsidiary of Western Wireless Corporation. Spun 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 finalized a merger of the two companies. The two companies began trading as T-Mobile US