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BELLEVUE, Wash. - T-Mobile (NASDAQ:TMUS), a prominent player in the Wireless Telecommunication Services industry with a market capitalization of $280 billion and annual revenue exceeding $84 billion, announced the launch of its new Revvl 8 smartphone, set to be available in stores and online starting August 14 at both T-Mobile and Metro by T-Mobile locations. According to InvestingPro analysis, T-Mobile maintains strong financial health with robust profitability metrics.
The Revvl 8, priced at $199.99, features an upgraded Qualcomm processor, built-in Gemini AI, a larger battery with fast charging capabilities, and an enhanced 50MP main camera with optical image stabilization. The device also includes T-Satellite capability with Starlink connectivity and comes with a limited lifetime warranty and five years of security updates. This product launch comes as T-Mobile demonstrates strong market performance, with its stock delivering a 29.4% return over the past year.
T-Mobile and Metro by T-Mobile are offering the phone for free with qualifying plans. At T-Mobile, customers can receive the Revvl 8 at no cost when adding a line on most plans or when trading in any device on select plans. Metro customers can get the phone free when switching to the carrier with plans starting at $40 per month.
"With Revvl 8 customers get quality, top features and 5G connectivity at an accessible price," the company stated in its press release.
The device joins T-Mobile’s existing Revvl lineup, which includes the Revvl Tab 2. Both T-Mobile and Metro plans that include the free phone offer come with a five-year price guarantee on talk, text, and data.
T-Mobile customers on qualifying plans receive additional benefits including T-Satellite with Starlink connectivity, streaming services such as Apple TV+, Hulu and Netflix, and free season-long subscriptions to MLS Season Pass and MLB.TV when available.
The company noted that the free phone offers at T-Mobile are available via 24 monthly bill credits plus tax, or customers can purchase the device for $8.33 per month with zero down payment on T-Mobile’s Equipment Installment Plan. For investors interested in deeper analysis of T-Mobile’s financial position and growth prospects, InvestingPro offers comprehensive research reports with detailed metrics and expert insights, along with 7 additional key ProTips about the company’s performance.
In other recent news, Array Digital Infrastructure reported second-quarter earnings that surpassed analyst expectations. This positive performance was supported by the completion of its $4.3 billion sale of wireless operations to T-Mobile. The successful transaction with T-Mobile marks a significant development for the company. These recent developments highlight Array’s strategic moves in the industry. The completion of the sale is expected to have a notable impact on the company’s financials. Investors and analysts are closely watching how these changes will influence Array’s future operations. The company’s earnings beat and strategic sale have garnered attention from various market observers.
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