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BELLEVUE - T-Mobile (NASDAQ:TMUS), a prominent player in the Wireless Telecommunication Services industry with $84.05 billion in revenue over the last twelve months, has enhanced its 5G Home and Small Business Internet plans with additional benefits for new customers, according to a press release issued Tuesday. According to InvestingPro analysis, the company is currently trading near its Fair Value, demonstrating solid financial health with a "GOOD" overall rating.
New Home Internet customers who select the Amplified plan will now receive 24/7 tech support, a feature previously available only with the All-In plan. This support includes live video assistance for household smart devices such as thermostats and doorbells.
For Small Business Internet customers, the company has added Advanced Cyber Security features to both the Amplified and All-In plans. This security package helps block harmful websites, detect suspicious activity, and protect connected devices from online threats. Users can manage these security features through the T-Life app.
These enhancements build upon existing benefits that include a 5-year price guarantee, unlimited data, and a 15-minute self-installation process. The company also offers a 15-day trial period without equipment fees or annual contracts.
T-Mobile’s internet plans are available in three tiers - Rely, Amplified, and All-In - with prices starting at $35 per month with AutoPay and any T-Mobile voice line.
The company notes that during network congestion, customers on these plans may experience reduced speeds compared to other customers, with further reductions possible for those using more than 1.2TB of data per month due to data prioritization policies. The service is not available in all areas and requires specific T-Mobile Gateways for in-home use at the approved address.
In other recent news, T-Mobile US has reported strong quarterly results, leading to increased guidance for EBITDA, phone additions, and free cash flow. This performance prompted TD Cowen to raise its price target for T-Mobile to $291 while maintaining a Buy rating. Similarly, Benchmark reiterated its Buy rating, emphasizing T-Mobile’s strong second-quarter results and ongoing strategic momentum. In another development, Fitch Ratings upgraded T-Mobile US Trust 2022-1 notes, reflecting increased credit enhancement and stable asset pool performance.
Meanwhile, T-Mobile has acquired US Cellular’s wireless operations and 30% of its spectrum from Telephone and Data Systems for $4.4 billion, which led to S&P Global Ratings upgrading Telephone and Data Systems to ’BBB-’. Following this transaction, United States Cellular Corporation announced plans for a special cash dividend of up to $2.075 billion. The dividend is contingent on the closing of the sale to T-Mobile, with record and payment dates to be set by the board. These recent developments highlight significant financial and strategic movements for T-Mobile and its related entities.
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