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MarketScreener Homepage  >  Equities  >  Nasdaq  >  T-Mobile US    TMUS

T-MOBILE US

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T Mobile US : The Green Mountain State Goes Magenta! T-Mobile Opens Shop, Brings Nation's Largest 5G Network and More to Vermont

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09/24/2020 | 10:11am EDT

What’s the news: T-Mobile brings 5G service to more parts of Vermont as it opens its first two stores in the state. And, the Un-carrier partners with Green Mountain Transit to provide Wi-Fi for riders.

Why it matters: With two stores serving South Burlington and Essex Junction, T-Mobile aids in job creation while serving customers. And, the Un-carrier’s free Wi-Fi on public transit helps keep Vermont residents connected at a critical time.

Who it’s for: Vermonters who want a more convenient shopping experience, 5G service and reliable internet access while on the go.

Get some of that sweet, sweet 5G, Vermont. T-Mobile (NASDAQ: TMUS) opens doors this week in South Burlington and Essex Junction — the company’s first two brick and mortar stores in the state — bringing its retail presence to Vermont for the first time and creating more than a dozen new local jobs. Deepening its investment in the state, the Un-carrier also announces a new partnership with Green Mountain Transit to provide free Wi-Fi service to their riders.

“I would like to welcome T-Mobile to Vermont and congratulate them on opening their first retail stores here in Essex Junction and South Burlington,” said Cathy Davis, incoming President of the Lake Champlain Chamber. "The store openings T-Mobile announced today will provide new employment opportunities and signal broadband expansion. The partnership with GMT will greatly improve the wireless experience for riders. These investments are especially welcome at a time when connectivity has never been more vital.”

With new locations in Essex Junction and South Burlington now open, customers can quickly and easily pop in, talk to a wireless expert, get support and choose service plans and devices that best serve their wireless needs. Customer and employee safety are top priority. And of course, T-Mobile is closely following state and local guidelines and requires all store employees and customers to wear a mask inside stores. Store experts will maintain social distancing standards and balance the volume of people inside the stores when needed. In addition, ongoing cleaning and sanitation protocols are being followed to help provide a clean, safe environment for employees and customers.

New Store Locations:

  • Dorset Square Mall Shopping Center
    Dorset Street, South Burlington, VT 05403
    802-497-6010
  • 52 Sunderland Way, Essex Junction, VT 05452
    802-764-8577

Store Hours:

  • Monday-Saturday: 10:00 AM to 8:00 PM
  • Sunday: 11:00 AM to 6:00 PM

Green Mountain Transit Partnership

Green Mountain Transit (GMT) passengers commonly request bus Wi-Fi access, and today, T-Mobile and GMT are partnering to make it happen, kicking off a pilot program in Chittenden County to outfit all local buses with free Wi-Fi service. Later this year, riders along their urban system routes including seniors, commuters, and students from the local universities and high schools will enjoy free internet access while on the bus, courtesy of T-Mobile.

“GMT is excited to partner with T-Mobile on this great project,” says Jon Moore, General Manager, Green Mountain Transit. “Passengers often request better technology options, and this partnership allows GMT the ability to improve our on-board experience to better meet the needs of riders.”

Network

And with all this goodness, the Un-carrier’s nationwide 5G roll-out now covers more than 250 million people in nearly 7,500 cities and towns all across the country, including in Essex Junction and South Burlington. And, T-Mobile just recently expanded 5G to Shelburne last month. This is the country’s biggest 5G network, covering 1.3 million square miles, much of that in rural America. In Vermont, T-Mobile is committed to enhancing network coverage with plans to add dozens of additional new sites across the state over the next couple of years.

Digital Assets for Media

T-Mobile logos, images, b-roll and more are available on the T-Mobile Newsroom at: https://www.t-mobile.com/news/media-library.

5G: Capable device required; coverage not available in some areas. While 5G access won't require a certain plan or feature, some uses/services might. See Coverage details, Terms and Conditions, and Open Internet information for network management details (like video optimization) at T-Mobile.com.

About T-Mobile

T-Mobile U.S. Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information please visit: http://www.t-mobile.com.

© Business Wire 2020

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Financials (USD)
Sales 2020 66 185 M - -
Net income 2020 2 089 M - -
Net Debt 2020 66 261 M - -
P/E ratio 2020 60,8x
Yield 2020 -
Capitalization 138 B 138 B -
EV / Sales 2020 3,09x
EV / Sales 2021 2,70x
Nbr of Employees 53 000
Free-Float 47,0%
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Mean consensus BUY
Number of Analysts 27
Average target price 136,35 $
Last Close Price 111,78 $
Spread / Highest target 92,3%
Spread / Average Target 22,0%
Spread / Lowest Target -12,3%
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NameTitle
G. Michael Sievert President, Chief Executive Officer & Director
Timotheus Höttges Chairman
Peter Osvaldik EVP, Chief Financial & Accounting Officer
Neville R. Ray President-Technology Department
Cody Sanford Executive VP & Chief Information & Product Officer
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