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BELLEVUE, Wash. - T-Mobile US, Inc. (NASDAQ: TMUS), a telecommunications giant with a market capitalization of $292 billion and impressive 61.5% return over the past year, announced today that its wholly-owned subsidiary, T-Mobile USA, Inc., is preparing to offer senior notes in a public offering, subject to market and other conditions. InvestingPro analysis shows the company maintains a "Good" financial health score, with 8 additional key insights available to subscribers. The company aims to use the proceeds for general corporate purposes, which may include share repurchases, dividends, and refinancing of existing debt. With a strong EBITDA of $31.1 billion and healthy free cash flow yield of 5%, T-Mobile demonstrates robust financial capacity for these initiatives.
The joint book-running managers for the offering are Barclays Capital Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC, and UBS Investment Bank. The offering is made through a registration statement filed with the Securities and Exchange Commission (SEC), which includes a prospectus and related documents.
Investors are advised to read the prospectus and other documents filed with the SEC to gain more complete information about the issuer and the offering. These documents are available for free on the SEC’s website, or they can be requested from the joint book-running managers.
This announcement does not serve as an offer to sell or a solicitation of an offer to buy the notes or any other securities. Moreover, the press release contains forward-looking statements that reflect the current expectations of T-Mobile’s management regarding the offering and use of proceeds. These statements are subject to risks, uncertainties, and assumptions, and actual results could differ materially from those projected. For comprehensive analysis and detailed valuation metrics, investors can access T-Mobile’s complete financial profile through InvestingPro’s exclusive Research Report, part of its coverage of over 1,400 US equities.
The information provided is based on a press release statement from T-Mobile US, Inc.
In other recent news, T-Mobile US, Inc. has made notable advancements in its operations and strategic initiatives. The company has recently amended its executive compensation agreements, impacting restricted stock unit awards for key executives. Additionally, T-Mobile announced significant changes to its board of directors, with Kelvin Westbrook and Srini Gopalan stepping down from their roles, and Thomas Dannenfeldt being nominated for election to the board at the 2025 Annual Meeting.
In a strategic partnership with SpaceX, T-Mobile has launched the public beta of T-Mobile Starlink, a space-based mobile network aimed at eliminating mobile dead zones through satellite connectivity. This initiative is expected to extend coverage to approximately 500,000 square miles in the U.S. that are not reached by traditional cell towers. The service is currently in beta testing and allows users to send text messages via satellite, with plans to include it at no extra cost on certain premium rate plans after the beta period.
The U.S. Federal Communications Commission has granted permission to Starlink to operate a direct-to-cell service with T-Mobile at increased power levels, despite opposition from competitors. This decision aims to provide faster and more reliable services across the country. These recent developments reflect T-Mobile’s ongoing efforts to enhance its service offerings and expand its network capabilities.
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