T-Mobile US, Inc. and its subsidiary T-Mobile USA, Inc. completed the settlement of exchange offers and consent solicitations related to the acquisition of certain assets from Array Digital Infrastructure, Inc. on August 5, 2025. The company issued a total of approximately $1.68 billion in new senior notes, including 6.700% Notes due 2033, 6.250% Notes due 2069, and 5.500% Notes due March and June 2070. The new notes will bear interest at rates ranging from 5.500% to 6.700% and will have varying maturity dates, with interest payments scheduled semi-annually and quarterly starting in late 2025 and early 2026.
The exchange offers were made pursuant to a registration statement filed with the SEC, and the company received valid consents from the majority of holders of the old notes to amend the indentures governing those securities. The new T-Mobile Notes are expected to be listed on Nasdaq’s Global Select Market, while the company does not plan to list the 2033 Notes on any exchange. The exchange offers did not yield any cash proceeds for T-Mobile USA, and the settlement is expected to finalize shortly after the announcement.
linkAug 05, 2025 16:30:48
T-Mobile US, Inc. announced its second quarter 2025 results, achieving record highs in postpaid and postpaid phone net customer additions, with 1.7 million and 830 thousand respectively. The company also reported total service revenues of $17.4 billion, a 6% year-over-year increase, and net income of $3.2 billion, up 10% year-over-year. Additionally, T-Mobile’s Core Adjusted EBITDA grew 6% year-over-year to $8.5 billion, and the company generated $7.0 billion in net cash from operating activities, reflecting a 27% increase compared to the previous year. Stockholder returns amounted to $3.5 billion in Q2 2025, which included $2.5 billion in common stock repurchases and $996 million in cash dividends.
Furthermore, T-Mobile raised its full-year guidance for 2025, now expecting postpaid net customer additions between 6.1 million and 6.4 million, up from a previous forecast of 5.5 million to 6.0 million. The company anticipates Core Adjusted EBITDA to be between $33.3 billion and $33.7 billion, and net cash provided by operating activities is expected to reach between $27.1 billion and $27.5 billion. Adjusted Free Cash Flow guidance has also been increased to between $17.6 billion and $18.0 billion, indicating strong operational performance and growth prospects.
linkJul 23, 2025 16:03:33
T-Mobile US, Inc. and its subsidiary T-Mobile USA, Inc. have announced an extension of the expiration date for their exchange offers and consent solicitations related to certain outstanding senior notes of United States Cellular Corporation. The new expiration date is set for August 1, 2025, moving from the original date of July 1, 2025. The exchange offers involve the exchange of various senior notes issued by USCC for new senior notes to be issued by T-Mobile USA, with all other terms remaining unchanged.
As of the original expiration time, T-Mobile reported that a principal amount of $544 million of the Old USCC Notes was validly tendered and not withdrawn. The company has emphasized that the exchange offers and consent solicitations are subject to the terms set forth in the prospectus dated May 23, 2025, and that holders of the Old USCC Notes are encouraged to read the prospectus carefully before making any decisions regarding the exchange.
linkJul 02, 2025 08:06:10
T-Mobile US, Inc. has released preliminary results of its exchange offers for certain senior notes of United States Cellular Corporation (USCC). The company is offering to exchange various series of USCC's outstanding senior notes for new senior notes to be issued by T-Mobile USA. As of the early participation date, T-Mobile has received valid consents from holders of a majority of the outstanding principal amounts of each series of the old notes, allowing proposed amendments to the indentures to proceed upon the closing of the acquisition expected by mid-2025, pending regulatory approvals.
The exchange offers include specific terms for holders of the old USCC notes, with different eligibility criteria for those who tender their notes before and after the early participation date. T-Mobile USA has applied to list the new notes on Nasdaq’s Global Select Market, which is expected to occur shortly after their issuance. The withdrawal rights for the exchange offers and consent solicitations have expired, and the company emphasizes that this press release is for informational purposes and does not constitute an offer to buy or sell securities.
linkJun 16, 2025 08:16:25
T-Mobile US, Inc. announced its first quarter 2025 results, showcasing record postpaid net customer additions of 1.3 million, the highest in the industry. The company also achieved significant financial growth, with service revenues reaching $16.9 billion, up 5% year-over-year, and net income increasing 24% to $3.0 billion. Diluted earnings per share grew by 29% to $2.58, reflecting the company's strong operational performance and customer retention strategies. T-Mobile ended the quarter with a total of 130.9 million customers, marking a substantial increase from the previous year.
In addition to customer growth, T-Mobile reported robust cash flow, with net cash provided by operating activities rising 35% to $6.8 billion and adjusted free cash flow increasing by 31% to $4.4 billion. The company returned $3.5 billion to shareholders through stock repurchases and dividends. T-Mobile also highlighted its advancements in network technology, including the rollout of a nationwide 5G Advanced network and the launch of T-Satellite, which enhances connectivity options for customers. The results reinforce T-Mobile's position as a leader in the telecommunications industry.
linkApr 24, 2025 16:04:57
T-Mobile US, Inc. announced its intention to offer senior notes through its subsidiary, T-Mobile USA, Inc. The company plans to utilize the proceeds from this offering for general corporate purposes, which may include share repurchases, dividends, and refinancing existing debts. The offering is being managed by several financial institutions, including Barclays Capital Inc. and Deutsche Bank Securities Inc., and a registration statement has been filed with the SEC for the offering.
However, the press release emphasizes that this announcement does not constitute an offer to sell or solicit offers to buy the notes in jurisdictions where it would be illegal. It also includes a cautionary note about forward-looking statements, indicating that actual results may differ due to various risks and uncertainties related to market conditions and other factors affecting the company.
linkMar 27, 2025 16:47:20
T-Mobile US, Inc. announced its intention to offer euro-denominated senior notes through its subsidiary, T-Mobile USA. The proceeds from this offering are planned to be used for general corporate purposes, including share repurchases, potential dividends, and refinancing existing debt. The offering will be managed by major financial institutions, indicating significant backing for the initiative.
However, the press release also emphasizes that this announcement does not constitute an offer or solicitation for the notes in jurisdictions where it would be illegal. Additionally, it highlights that the offering is targeted towards eligible counterparties and professional clients only, which may limit access for retail investors.
linkFeb 11, 2025 16:47:31
T-Mobile achieved notable customer growth in 2024, leading the industry with record-high postpaid phone net customer additions of 3.1 million and the lowest annual postpaid phone churn rate of 0.86%. The company also reported service revenues of $66.2 billion and a net income of $11.3 billion, marking significant financial performance and enabling substantial shareholder returns amounting to $14.4 billion for the year. T-Mobile's success was attributed to its strong network capabilities and customer-centric approach, resulting in the highest-ever diluted earnings per share of $9.66.
Despite these achievements, T-Mobile faced a decrease in adjusted free cash flow, which fell by 5% year-over-year to $4.1 billion in Q4 2024. Additionally, cash purchases for property and equipment increased by 39% year-over-year to $2.2 billion in the same quarter, raising concerns about capital expenditures. The company also noted that net cash provided by operating activities decreased by 9.6% in Q4 2024 compared to the previous quarter, indicating potential challenges in maintaining cash flow amidst its growth initiatives.
linkJan 29, 2025 07:07:30
T-Mobile US has announced the appointment of Srinivasan Gopalan as the new Chief Operating Officer, effective March 1, 2025. Gopalan, who has been a board member for nearly four years, brings extensive experience in technology and telecommunications, having held senior roles at various global companies. His leadership is expected to enhance T-Mobile’s technology initiatives and go-to-market strategies, focusing on customer experience and driving growth in both Consumer and Business sectors.
While the appointment of Gopalan is seen as a strategic move to maintain T-Mobile's growth momentum, the press release did not address any potential challenges or concerns that may arise from this leadership change. The existing senior leadership team will remain in their roles, indicating stability during this transition. However, the emphasis on Gopalan's past contributions as a board member suggests that future operational changes might be closely tied to his previous experiences rather than introducing entirely new strategies.
linkJan 27, 2025 08:39:50
T-Mobile's CEO, Mike Sievert, expressed confidence in the company's growth during a presentation at the UBS Global Media and Communications Conference, maintaining expectations for 3 million postpaid phone net additions in 2024. Sievert highlighted robust customer switching trends and opportunities for expansion in under-penetrated markets, including enterprise and government sectors. The company also reported strong performance in Q3 and anticipates continued momentum into Q4, emphasizing their digital transformation and customer engagement strategies. T-Mobile aims for industry-leading service revenue and adjusted EBITDA growth through 2027.
However, Sievert clarified that his comments on normal seasonal trends were misinterpreted by a media outlet, which could have led to investor confusion. Despite the overall positive outlook, the company faces challenges, including competition, regulatory hurdles related to its merger with Sprint, and potential market fluctuations that may affect future performance. T-Mobile's ongoing investments and strategies will be crucial to navigate these risks while striving to maintain its growth trajectory.
linkDec 10, 2024 06:07:31