T-Mobile US, Inc. Website

T-Mobile US, Inc.

NasdaqGS-TMUS

Company Overview

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to 108.7 million customers in the postpaid, prepaid, and wholesale markets. It also provides wireless devices, including smartphones, wearables, and tablets and other mobile communication devices, as well as wireless devices and accessories. In addition, the company offers services, devices, and accessories under the T-Mobile and Metro by T-Mobile brands through its owned and operated retail stores, T-Mobile app and customer care channels, and its websites. It also sells its devices to dealers and other third-party distributors for resale through independent third-party retail outlets and various third-party websites. As of December 31, 2021, it operated approximately 102,000 macro cell and 41,000 small cell/distributed antenna system sites. The company was founded in 1994 and is headquartered in Bellevue, Washington.

  • Name

    T-Mobile US, Inc.

  • CEO

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  • Website

    www.t-mobile.com

  • Sector

    Wireless Telecommunication Services

  • Year Founded

    1994

Company Statistics

Profile

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Bulls Say

  • After several years of unprecedented success, T-Mobile’s reputation with consumers is as strong as ever. In an increasingly rational competitive environment, the firm will continue growing market share while increasing revenue per customer.

  • T-Mobile holds ample scale to compete and a spectrum portfolio no carrier can match. Heavy network investment following the Sprint merger has given the firm a big lead in 5G.

  • Free cash flow should continue to grow sharply, providing the ability to buy back shares while growing the dividend aggressively.

Bears Say

  • T-Mobile will eventually need to step up network investments to keep pace with AT&T and Verizon, which have dense fixed-line networks at their disposal. A costly acquisition could be necessary.

  • Comcast and Charter are attacking the wireless market. These cable rivals will get more aggressive as their wireless networks expand.

  • Spectrum licenses in the 2.5 GHz band, which form the core of T-Mobile's spectrum position, are leased, not owned. The firm will need to acquire these licenses in the coming years or face rising lease costs.

Source: Morningstar Analysis - Oct 24, 2025

What's happening

Nov 22, 2025 - Dec 24, 2025

T-Mobile Faces Significant Challenges Amidst Analyst Downgrades and Competitive Pressures

  • Citi analyst Michael Rollins has lowered T-Mobile's price target from $268 to $220, reflecting skepticism about the company's valuation.
  • Regulatory scrutiny over advertising practices has raised concerns among investors regarding T-Mobile's market position.
  • Despite a new shareholder return program of $14.6 billion, competitive pressures from rivals like Verizon and AT&T continue to weigh heavily on investor sentiment.

Over the past month, T-Mobile US Inc. (TMUS) has seen a notable decline in its stock performance, with an overall drop of 6.6%. This downturn starkly contrasts with the S&P 500's return of 3.9%, indicating that TMUS underperformed relative to broader market indices by 10.5%. The prevailing sentiment surrounding TMUS is predominantly bearish due to multiple analyst downgrades and increasing competition within the telecommunications sector.

Citi analyst Michael Rollins recently adjusted his price target for TMUS from $268 to $220 while maintaining a Neutral rating, reflecting growing skepticism about T-Mobile’s valuation amidst a year-to-date decline of nearly 9.64%. Additionally, regulatory challenges have emerged as the National Advertising Division referred TMUS to federal authorities concerning claims related to its 5G capacity, further pressuring investor confidence.

Although there have been some positive developments such as announcements regarding shareholder return programs and strategic initiatives aimed at enhancing customer experience through service upgrades, these efforts have not alleviated investor concerns significantly. For example, while T-Mobile announced a substantial new shareholder return program extending through December 2026 worth $14.6 billion, it continues facing backlash due to ongoing competitive pressures from rivals like Verizon and AT&T.

The company’s recent quarterly earnings report indicated an increase in revenue alongside strong subscriber growth; however, analysts remain cautious about future profitability amid rising operational costs and aggressive pricing strategies employed by competitors. Discussions on social media also highlighted potential threats posed by SpaceX entering the wireless market with "Starlink Mobile," which could disrupt existing dynamics for established players like TMUS.

Overall sentiment remains heavily influenced by these factors leading up to this point in time; thus far into December 2025, T-Mobile US Inc underperformed not only against major indices but also against its sector peers in Communication Services (XLC), where it lagged behind by -11.4%.

NasdaqGS:TMUS