T-Mobile US Inc (NASDAQ: TMUS) is a telecommunications company that provides wireless communications and broadband services to postpaid and prepaid customers across the United States. Revenue comes primarily from recurring monthly service fees, supplemented by equipment sales of wireless devices and accessories, and wholesale network access fees charged to MVNO and M2M partners. As of December 31, 2025, T-Mobile served 142.4 million postpaid and prepaid customers, making it the second largest provider of wireless communications services in the U.S. by total customer count, behind AT&T and Verizon. Service revenues split across three customer categories in FY2025: postpaid (81%), prepaid (15%), and wholesale and other services (4%). The company operates under the T-Mobile, Metro by T-Mobile, Mint Mobile, and Ultra Mobile brands, distributing through owned retail stores, websites, apps, and third-party retailers. Substantially all revenues are earned in the United States, including Puerto Rico and the U.S. Virgin Islands.

Revenue model

Recurring monthly service fees from postpaid and prepaid wireless and broadband subscribers, device and accessory sales, and wholesale network access fees from MVNO and M2M partners. In FY2025, postpaid customers generated 81% of service revenues, prepaid customers 15%, and wholesale and other services 4%.

Products and services

Postpaid and prepaid wireless communications services, broadband services, wireless devices and accessories, wholesale wireless network access (MVNO and M2M). Brands include T-Mobile, Metro by T-Mobile, Mint Mobile, and Ultra Mobile.

Customers and end markets

Individual postpaid and prepaid consumers, wholesale partners (MVNOs, M2M operators) who resell network access. As of December 31, 2025, total postpaid and prepaid customer base was 142.4 million.

Value-chain role

Facilities-based wireless network operator and retail service provider. Owns and operates spectrum licenses and network infrastructure; sells directly to consumers and through wholesale agreements to third-party resellers.

Geographic exposure

Substantially all revenues earned in the United States, including Puerto Rico and the U.S. Virgin Islands (FY2025, FY2024, FY2023).

Competitors

AT&T Inc., Verizon Communications Inc.

Source: SEC 10-K, filed 2026-02-11

Industry: Radiotelephone Communications Peers: Aerkomm Inc. KonaTel Inc Gogo Inc KORE Group Holdings Inc Surgepays Inc Shenandoah Telecommunications Co Spok Holdings Inc Telephone and Data Systems Inc Array Digital Infrastructure Inc