T-Mobile launches affordable 5G tablet at $169.99

BELLEVUE, Wash. - T-Mobile (NASDAQ:TMUS), a prominent player in wireless telecommunications with a market capitalization of $252 billion, announced the release of its new Revvl Tab 2 tablet, priced at $169.99, which the company describes as the most affordable 5G tablet in the market. According to InvestingPro data, T-Mobile maintains strong financial health with over $82 billion in annual revenue. The device will be available in stores and online starting Thursday, June 26, exclusively at T-Mobile and Metro by T-Mobile.

The Revvl Tab 2 features a 6,000mAh battery, 10.1-inch HD display, dual stereo speakers, and Gemini AI integration. According to the company’s press release statement, the tablet also comes with a limited lifetime warranty. The launch comes as T-Mobile demonstrates solid profitability, with InvestingPro analysis showing nearly $12 billion in net income over the last twelve months.

T-Mobile is offering promotions for both new and existing customers, including business customers. At T-Mobile, customers can receive the tablet at no cost when adding a tablet line through 24 monthly bill credits plus tax. Metro by T-Mobile is offering the device for free to existing customers and for $49.99 to new customers when adding a tablet line of $20 per month or more to their smartphone plan.

The tablet can be used with any of T-Mobile’s tablet plans or connected for $5 per line on Experience Beyond or Experience Beyond for Business plans. Metro customers can choose from various plans ranging from Starter to Flex options.

T-Mobile emphasizes that customers using the tablet will have access to what it calls "America’s leading 5G network," along with various perks depending on their plan. These may include streaming services such as Apple TV+, Hulu, and Netflix, as well as sports subscriptions like MLS Season Pass and MLB.TV when available.

The company also highlights its 5-year price guarantee on its latest plans, which applies to talk, text, and 5G smartphone data on T-Mobile’s network for customers on Experience plans, with certain exclusions. Want deeper insights into T-Mobile’s financial performance and growth potential? InvestingPro offers exclusive access to detailed financial analysis, Fair Value estimates, and 8 additional ProTips that could help inform your investment decisions.

In other recent news, T-Mobile US has been at the center of several significant developments. S&P Global Ratings revised T-Mobile’s outlook from stable to positive, citing strong earnings growth and free cash flow generation. Fitch Ratings also affirmed T-Mobile’s ’BBB+’ rating, noting the company’s robust 5G network and solid cash generation. Additionally, T-Mobile has launched exchange offers for United States Cellular Corporation’s senior notes, aiming to swap these for new T-Mobile USA notes with identical terms.

Meanwhile, SoftBank Group Corp. sold $4.8 billion worth of T-Mobile shares, a move intended to fund its AI initiatives. The CEO of T-Mobile US, Mike Sievert, is reportedly planning to step down before his contract ends, with Srini Gopalan considered a potential successor. Despite these changes, T-Mobile continues to demonstrate strong market performance, particularly in its postpaid subscriber growth. The company’s strategic initiatives and financial maneuvers are being closely watched by investors and analysts alike.

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