T-Mobile Grants Performance-Based Restricted Stock Units to Senior Executives
Bellevue, WA – April 1, 2025 – T-Mobile US, Inc. (NASDAQ: TMUS) announced the approval of performance-based restricted stock unit (PRSU) awards to key executives under its 2023 Incentive Award Plan, as approved by the Section 16 Subcommittee of its Compensation Committee.

Recipients and PRSU Awards (minimum 80% target grant):
Executive Minimum Number of PRSUs
Mark W. Nelson 10,677
Michael J. Katz 22,880
Jonathan A. Freier 22,880
Callie R. Field 22,880
Ulf Ewaldsson 22,880
Key Terms of the PRSUs:
Performance Period: January 1, 2027 – December 31, 2027

Vesting Date: April 1, 2028, contingent on continued employment

Payout Range: 80% to 120% of the target based on achievement of core adjusted EBITDA goals

Payment: Vested PRSUs settle in T-Mobile common stock

Termination Provisions:
Death or Disability: Immediate vesting at target

Qualifying Separation (e.g., workforce reduction, divestiture, good reason): Pro-rata vesting based on actual performance

Change in Control with Termination: Immediate vesting at target or actual performance, whichever is higher

Other Terminations: Unvested PRSUs are forfeited

This compensation aligns long-term executive incentives with financial performance and shareholder value creation.

T-Mobile’s 5G Powers Disney’s New *Lilo & Stitch* Film, Launches Themed Campaign Ahead of May 23 Release

T-Mobile (NASDAQ: TMUS) and Disney Studios StudioLAB have revealed how T-Mobile’s nationwide 5G network played a key role in the production of the upcoming live-action *Lilo & Stitch*, hitting theaters May 23. The collaboration enabled filmmakers to instantly transfer high-resolution footage from the Hawaiian set to Disney's Burbank studios, streamlining editing, collaboration, and overall production efficiency.

The use of T-Mobile's 5G — including capabilities like **network slicing** and **private networks** — gave the production team ultra-fast speeds and low latency, eliminating the need for traditional wired connections. The result was quicker location scouting, faster scene transfers, and more seamless communication with remote teams.

“Solutions from T-Mobile help us manufacture more time for the filmmaker,” said Josh Haynie, VP of Production Technology at The Walt Disney Studios.

T-Mobile’s Mo Katibeh added that the network’s speed and flexibility open doors to filming in once-unreachable locations, effectively “reshaping the way video content can be captured.”

To celebrate the partnership and the film’s release, T-Mobile launched a new promotional campaign featuring Stitch.

The new *Lilo & Stitch*, directed by Dean Fleischer Camp, stars Sydney Agudong, Zach Galifianakis, Courtney B. Vance, and newcomer Maia Kealoha as Lilo. The screenplay is by Chris Kekaniokalani Bright and Mike Van Waes, and the film is produced by Jonathan Eirich and Dan Lin.

For more, visit [t-mobile.com/now](https://www.t-mobile.com/now) or follow @TMobileNews on X (formerly Twitter).

T-Mobile Launches Spring Savings and 55+ Bundle for Home Internet

T-Mobile has unveiled new spring offers for its 5G Home Internet service, aimed at making it easier and more affordable for customers to switch. Starting April 3, new customers can receive up to $1,050 in combined benefits, including a $300 or $200 virtual Mastercard depending on the plan selected, and up to $750 to cover early termination fees from a previous internet provider.

In addition, T-Mobile introduced its first exclusive Home Internet bundle for customers aged 55 and older. Those who switch and combine any 55+ wireless plan with T-Mobile Home Internet can save $20 per month, bringing the total for two wireless lines and internet service down to as low as $90 per month with AutoPay.

All Home Internet plans come with features such as no equipment fees, unlimited data, no annual contracts, and a 15-day trial period. Customers also benefit from Price Lock, ensuring stable pricing (excluding taxes and fees), and perks like free shipping, Hulu and Paramount+ subscriptions (on select plans), and advanced cybersecurity tools.

Bundling with wireless services unlocks further savings and VIP benefits like T-Mobile Tuesdays perks, free in-flight Wi-Fi, global data access, and entertainment discounts. Plans start at $35/month with AutoPay and can go as low as $30/month for 55+ customers.

More information is available at [t-mobile.com/home-internet](https://www.t-mobile.com/home-internet) and [t-mobile.com/bundle](https://www.t-mobile.com/bundle).

T-Mobile and EQT Finalize Joint Venture to Expand Fiber Internet Through Lumos Acquisition

T-Mobile and EQT have successfully completed their joint venture to acquire Lumos, a fiber-to-the-home internet provider. The deal is set to significantly expand broadband access across underserved regions in the U.S. and bring Lumos customers into the T-Mobile Fiber family. T-Mobile has invested $950 million into the venture, with plans for an additional $500 million by 2028, aiming to reach 3.5 million homes through Lumos’ 7,500-mile network.

Lumos customers will benefit from T-Mobile’s customer-centric model, including unlimited data, included equipment, and perks like Magenta Status discounts and freebies. The initiative strengthens T-Mobile’s broadband strategy, complementing its 5G Home Internet, which already serves 6.4 million customers.

EQT brings infrastructure expertise, Lumos provides scalable deployment capabilities, and T-Mobile leverages its brand and retail presence. Together, they plan to reach up to 15 million homes by 2030 with fiber access.

The press release also includes legal disclaimers about forward-looking statements and securities regulations, and lists advisory firms involved in the transaction. Background information on T-Mobile, EQT, and Lumos emphasizes their roles in delivering reliable, future-oriented internet services.

**T-Mobile to Raise $3.5 Billion Through Senior Notes Offering**

March 24, 2025 – T-Mobile US, Inc. announced that its subsidiary, T-Mobile USA, Inc., has agreed to sell $3.5 billion in senior notes through a public offering. The notes include:

- $1.25 billion of 5.125% notes due 2032
- $1.0 billion of 5.300% notes due 2035
- $1.25 billion of 5.875% notes due 2055

The offering is expected to close on March 27, 2025, subject to customary conditions. Proceeds will be used for general corporate purposes, including share repurchases, dividends, or refinancing existing debt.

T-Mobile US, Inc. announced that its wholly-owned subsidiary, T-Mobile USA, Inc., plans to offer senior notes in a registered public offering, depending on market conditions. The proceeds from the offering will be used for general corporate purposes such as share repurchases, possible dividends, and refinancing existing debt. Barclays, Deutsche Bank, Morgan Stanley, and UBS are serving as joint book-running managers for the offering. The company has filed a registration statement with the SEC, and related documents are available via the SEC's website or from the underwriters. This announcement does not constitute a sale or offer to sell in any jurisdiction where it would be unlawful. The press release includes forward-looking statements subject to risks and uncertainties, which could cause actual outcomes to differ.

T-Mobile has reached a preliminary agreement to sell its 800 MHz spectrum portfolio to Grain Management, a private investment firm specializing in digital infrastructure. In return, T-Mobile will receive cash and Grain’s 600 MHz spectrum licenses, which T-Mobile plans to deploy across its network to enhance service quality.

The deal, expected to close by the end of April 2025 pending regulatory approval, aims to strengthen U.S. critical infrastructure by offering improved telecommunications capabilities to utilities and regional operators. T-Mobile sees the transaction as aligned with its 5G strategy and long-term capital goals.

T-Mobile announced that it has reached $16 million in funding for its Hometown Grants program, supporting local development projects in small towns and rural communities. With its latest round of 25 grant recipients, the program has now funded 375 community projects across 48 states and Puerto Rico since launching in April 2021.

Each recipient receives up to $50,000 to support initiatives ranging from park renovations and community center improvements to historical site preservation and technology upgrades. The grants have generated over 150,000 volunteer hours, strengthening local communities.

T-Mobile partners with Main Street America to administer the program, ensuring that projects are impactful and feasible. The company also continues broader efforts to support rural areas, including Project 10Million, 5G Home Internet, and a partnership with Starlink to eliminate mobile dead zones.

For more details, visit [T-Mobile’s Hometown Grants page](https://www.t-mobile.com/hometowngrants).

T-Mobile announced new spring smartphone deals, including a free Google Pixel 9a for customers who add a line or trade in an eligible device. Additional offers include the Motorola moto g – 2025 for free and the Samsung Galaxy A36 5G for $99 under similar conditions. These deals are available through 24 monthly bill credits.

Customers can take advantage of T-Mobile's 5G network along with benefits from Magenta Status, which includes exclusive streaming, travel, and entertainment perks. The Pixel 9a features Gemini AI and an all-day battery, the moto g – 2025 has a 6.7-inch display with stereo speakers for enhanced streaming and gaming, and the Galaxy A36 5G offers AI-powered creative tools and a triple-camera system.

Offers are subject to eligibility requirements, including new lines or trade-ins, and require customers to maintain their accounts in good standing. More details are available at [T-Mobile’s website](https://www.t-mobile.com/offers).

T-Mobile continues to expand its wireless offerings, leveraging its 5G capabilities and customer benefits. The company operates T-Mobile, Metro by T-Mobile, and Mint Mobile.

T-Mobile has announced a record-breaking achievement in 5G speeds, reaching 6.3 Gbps using 6-Carrier Aggregation in collaboration with Nokia and Qualcomm. The test was conducted on T-Mobile’s 5G Standalone (5G SA) production network, utilizing both commercial and test devices, including a Samsung Galaxy S25 and a mobile test device with Qualcomm's newly announced X85 5G Modem-RF.

The first test, conducted with a Samsung Galaxy S25 and Qualcomm’s Snapdragon X80 5G Modem-RF System, achieved 4.3 Gbps in real-world conditions. In the second test, using Qualcomm's X85 modem on a non-commercial test device, speeds reached 6.3 Gbps, demonstrating the next evolution of 5G Advanced.

This achievement combines low-band and mid-band spectrum across T-Mobile’s owned frequencies (2.5GHz, PCS, AWS, and 600MHz), providing a foundation for future 5G advancements. The milestone highlights T-Mobile’s leadership in network innovation and its commitment to delivering faster, more reliable connectivity for customers.

T-Mobile, Nokia, and Qualcomm emphasize that this breakthrough will not only enhance current network performance but also lay the groundwork for the next generation of 5G applications.

T-Mobile has completed its acquisition of Vistar Media and announced the acquisition of Blis, strengthening its advertising solutions business. These acquisitions enhance T-Mobile's digital advertising portfolio, offering more targeted and measurable advertising solutions for brands while improving consumer ad experiences.

Vistar Media, a leader in digital out-of-home (DOOH) advertising, will integrate with T-Mobile's data insights to deliver more effective real-world digital campaigns. Blis, known for its privacy-centric advertising technology, will enable T-Mobile to provide better omnichannel targeting without relying on traditional identifiers like cookies.

T-Mobile paid approximately $175 million for Blis, completing the transaction on March 3, 2025. The acquisition of Vistar Media was finalized on February 3, 2025. These acquisitions are expected to contribute around $250 million in revenue, $75 million in EBITDA, and $50 million in free cash flow in 2025, adding to T-Mobile’s growing advertising business, which already generates over $1 billion annually.

With these moves, T-Mobile aims to redefine digital advertising by offering data-driven, privacy-focused solutions that connect advertisers with consumers more effectively across multiple platforms.

T-Mobile has introduced a new customer perk, offering a free large Slurpee drink from participating 7-Eleven and Speedway stores every month. Starting March 4, T-Mobile and Metro by T-Mobile customers can claim their free Slurpee through the T-Mobile Tuesdays program in the T-Life app.

This new perk adds to T-Mobile’s long-running customer appreciation program, which has already given away over 1.2 billion rewards since its launch in 2016. Along with T-Mobile Tuesdays, Magenta Status customers receive benefits like free subscriptions to Apple TV+, Netflix, Hulu, MLB.TV, in-flight Wi-Fi, and discounts on hotels and events. Metro by T-Mobile customers also enjoy perks like Amazon Prime membership at no extra cost.

T-Mobile continues to enhance its customer experience while maintaining the nation's largest and fastest 5G network.

Fitch Rates T-Mobile's New Senior Unsecured Euro Notes 'BBB+'

T-Mobile has been recognized as a world leader in network performance, with Opensignal’s latest Global Mobile Network Experience report ranking it as the fastest large land area operator for average download speeds globally. T-Mobile also earned recognition as a global leader in average upload speeds, making it the only U.S. provider to receive such distinctions.

Ulf Ewaldsson, T-Mobile’s President of Technology, emphasized that this achievement solidifies the company’s leadership since its merger with Sprint. He highlighted T-Mobile’s nationwide 5G standalone network, which continues to set industry benchmarks ahead of competitors and is positioned to lead the transition to 5G Advanced and eventually 6G.

This recognition follows a previous Opensignal report naming T-Mobile’s 5G network as the most available globally. Additionally, T-Mobile Puerto Rico ranked among the top for download speeds in smaller regions.

T-Mobile’s 5G network covers over 332 million people across two million square miles, with its Ultra Capacity 5G reaching more than 305 million people—providing over twice the coverage of comparable mid-band 5G offerings from its closest competitors.

For more details, visit [T-Mobile’s coverage page](https://www.t-mobile.com/coverage) or follow their official newsroom on Twitter @TMobileNews.

T-Mobile has announced a new promotion through Metro by T-Mobile, offering significant savings on Samsung devices and service plans. New customers can receive four Samsung Galaxy A15 5G devices at no cost and four lines for $100 per month, with no activation fees, ID, or port-in required. Additionally, Metro is launching exclusive offers in its new app, including a free Samsung Galaxy A35 for eligible customers and a Samsung Galaxy Tab A9+ with a discounted tablet line.

Metro customers on Flex Plus plans can also enjoy perks such as an Amazon Prime membership, weekly savings through T-Mobile Tuesdays, free MLB.TV, and 100GB of Google One storage. The offers are available for a limited time while supplies last.

Source: T-Mobile, "Beat the Winter Chill: Metro by T-Mobile Brings the Heat with Samsung Devices on Us," February 24, 2025.

T-Mobile has introduced two new Essentials plans designed specifically for first responders and military personnel, offering what it claims to be the best price compared to AT&T and Verizon. The Essentials First Responder and Essentials Military plans provide unlimited talk, text, and data, along with international texting and access to T-Mobile’s Magenta Status perks. The plans cost $90 per month for a family of three with AutoPay, delivering nearly 20% savings per month compared to AT&T’s FirstNet Unlimited.

First responders can also add network priority access for $7.50 per month, ensuring connectivity during high network congestion periods. Additionally, T-Mobile is offering a free 5G phone with 24 monthly bill credits for customers who switch.

These new Essentials plans complement T-Mobile’s existing Go5G First Responder and Go5G Military plans, which offer additional perks such as Netflix on Us and free in-flight Wi-Fi. T-Mobile continues its commitment to these groups through initiatives like its Connecting Heroes program, aiming to save first responder agencies up to $7.7 billion by 2030.

To make switching easier, T-Mobile is offering to pay off phones up to $800 for those bringing their own devices and will provide a $125 prepaid Mastercard per voice line for customers who switch back to their previous carrier within 30 days if they are unsatisfied.

The new plans are available immediately.

T-Mobile has announced that it will power Major League Baseball’s automated ball-strike system (ABS) with its private 5G network during spring training games at Steinbrenner Field in Tampa. This marks the first time the ABS system will be tested at the major league level, following trials in select minor league games. The system uses high-speed Hawk-Eye cameras to triangulate the strike zone, and T-Mobile’s 5G network transmits pitch data in real time for verification.

Additionally, T-Mobile is bringing back free MLB.TV for its customers for the 10th consecutive season. Eligible customers can redeem a free MLB.TV subscription from March 25 to March 31 through T-Mobile Tuesdays in the T-Life app. The service provides access to live and on-demand out-of-market regular season games.

T-Mobile has also expanded its 5G network across 27 MLB stadiums and plans to deploy it in all U.S. ballparks by the end of 2025.

T-Mobile US, Inc. announced that Kelvin Westbrook has decided not to stand for re-election to the Board of Directors at the 2025 Annual Meeting of Stockholders. His departure from the Board and its Compensation Committee will be effective immediately after the meeting. Additionally, Srini Gopalan has resigned from the Board and its Compensation Committee, effective February 28, 2025, as he will be taking on a new role as T-Mobile’s Chief Operating Officer.

The company confirmed that these decisions were not due to any disagreements regarding operations, policies, or practices.

T-Mobile also announced its intention to nominate Thomas Dannenfeldt for election to the Board at the 2025 Annual Meeting. Mr. Dannenfeldt previously served on T-Mobile’s Board from 2013 to 2018 and was the Chief Financial Officer of Deutsche Telekom AG from 2014 to 2018. He currently serves as Chairman of the Board of Ceconomy AG and as a board member of Nokia Oyi.

T-Mobile has announced major advancements in its T-Priority 5G solution to enhance connectivity for first responders. The initiative includes a partnership with the City of New York, making T-Mobile the exclusive carrier for the city's public safety network. Additional collaborations with Samsung, Getac, and Skydio will provide first responders with ruggedized devices, AI-powered drones, and critical field technology.

T-Priority offers expanded 5G capacity, faster speeds, and improved coverage, including T-Mobile Starlink integration to provide connectivity in remote areas. First responders on T-Mobile’s Go5G First Responder plans will receive free access to the T-Priority network slice, ensuring prioritized service.

To support the first responder community, T-Mobile is donating $2 million to the Tunnel to Towers Foundation, funding scholarships for children of fallen heroes. The company is also launching a new Essentials First Responder plan with competitive pricing.

More information about T-Priority and first responder benefits is available at [T-Mobile’s official site](https://www.t-mobile.com/business/t-priority).

Get iPhone 16e on Us at T-Mobile and Metro by T-Mobile
The powerful new member of the iPhone 16 family is available starting Friday, February 28

BELLEVUE, Wash.--(BUSINESS WIRE)-- T-Mobile (NASDAQ: TMUS) and Metro by T-Mobile will offer iPhone 16e, a new addition to the iPhone 16 lineup, featuring breakthrough battery life, the fast performance of the A18 chip, Apple Intelligence,1 and a 48MP 2-in-1 camera system — all at an incredible value. Customers can pre-order the new iPhone 16e at T-Mobile starting Friday, February 21, with availability at T-Mobile and Metro by T-Mobile beginning Friday, February 28.

T-Mobile has announced significant 5G network upgrades across New Orleans in preparation for the Big Game on February 9. The improvements include both permanent enhancements and temporary capacity boosts to ensure seamless connectivity for visitors and residents.

The upgrades include:
- **Superdome Enhancements**: T-Mobile has installed upgraded indoor distributed antenna systems (iDAS) to deliver Ultra Capacity 5G, offering peak download speeds of up to 1.2 Gbps inside the stadium.
- **Expanded 5G Coverage**: All macro cell sites surrounding the stadium have been upgraded, providing peak download speeds of 920 Mbps in key locations like Champions Square.
- **Citywide Improvements**: Upgrades have been made across the French Quarter, major hotels (Hyatt Regency, JW Marriott, Roosevelt), Louis Armstrong New Orleans International Airport, the Ernest N. Morial Convention Center, and Smoothie King Arena.

T-Mobile’s $290 million investment in Louisiana’s 5G network aims to provide fast and reliable connectivity, not just for the Big Game but for long-term improvements across the state. With these enhancements, T-Mobile now covers 99% of New Orleans with Ultra Capacity 5G, reinforcing its position as the city's fastest wireless provider.

For more details, visit [T-Mobile’s website](https://www.t-mobile.com).

T-Mobile US, Inc. (NASDAQ: TMUS):

Industry-Leading Customer Growth Fueled by Best Network, Best Value and Best Experience Combination(1)

Postpaid net account additions of 263 thousand in Q4 2024 and 1.1 million in 2024, both industry best
Postpaid net customer additions of 1.9 million in Q4 2024 and 6.1 million in 2024, both industry best
Postpaid phone net customer additions of 903 thousand in Q4 2024 and 3.1 million in 2024, both industry best
Postpaid phone churn of 0.92% in Q4 2024, tied for lowest Q4, and 0.86% in 2024, best FY in company history
High Speed Internet net customer additions of 428 thousand in Q4 2024 and 1.7 million in 2024, both industry best
Translating Industry-Leading Customer Growth into Industry-Leading Financial Performance

Service revenues of $16.9 billion in Q4 2024 and $66.2 billion in 2024, both industry-leading growth
Postpaid service revenues of $13.5 billion in Q4 2024 and $52.3 billion in 2024, both industry-leading growth
Net income of $3.0 billion in Q4 2024 and $11.3 billion in 2024, highest FY in company history
Diluted earnings per share (“EPS”) of $2.57 in Q4 2024 and $9.66 in 2024, highest FY in company history
Core Adjusted EBITDA(2)of $7.9 billion in Q4 2024 and $31.8 billion in 2024, both industry-leading growth
Net cash provided by operating activities of $5.5 billion in Q4 2024 and $22.3 billion in 2024, industry-leading FY growth
Adjusted Free Cash Flow(2)of $4.1 billion in Q4 2024 and $17.0 billion in 2024, industry-leading FY growth
Total cumulative stockholder returns(3)of $31.4 billion, including $14.4 billion in 2024, split across repurchases of $11.1 billion and cash dividends of $3.3 billion, with up to an additional $14.0 billion authorized through the end of 2025

T-Mobile US, Inc. announced in a Form 8-K filing on January 27, 2025, the appointment of Srinivasan Gopalan as Chief Operating Officer (COO), effective March 1, 2025.

In connection with this appointment, T-Mobile entered into an employment agreement with Mr. Gopalan, outlining his compensation and benefits. The agreement includes an annual base salary of $1,000,000, an annual target cash incentive of $2,000,000, long-term incentive awards valued at $9,500,000 annually, and a one-time sign-on payment of $2,000,000. Additional benefits include relocation assistance, tax preparation services, and travel allowances. Mr. Gopalan is also entitled to restricted stock units to compensate for forfeited awards from his previous employer, Deutsche Telekom AG.

The agreement specifies severance terms for terminations without cause, resignation with good reason, and termination due to death or disability. In such cases, Mr. Gopalan will receive payments, pro-rated incentives, health benefits, and continued mobile discounts, subject to compliance with restrictive covenants. All incentive compensation is subject to T-Mobile’s clawback policy and excise tax mitigation provisions.

T-Mobile issued a press release on the same date to announce the appointment, emphasizing Mr. Gopalan’s role in furthering the company’s operational leadership.

T-Mobile has announced its continued success as the leader in 5G and overall network performance, as confirmed by Ookla's latest Speedtest report for the second half of 2024. Highlights of T-Mobile's achievements include:

- Fastest download speeds, nearly twice as fast as Verizon, and 5G speeds comparable to traditional home internet.
- Most consistent network performance for acceptable quality and reliability.
- Best experience for mobile video streaming and gaming, with low latency and fast response times.
- Top-ranked consumer sentiment, as rated by Speedtest users.

T-Mobile’s 5G network now covers over 330 million people across 2 million square miles, with more than 300 million people benefiting from its Ultra Capacity 5G. This extensive reach surpasses competitors’ mid-band 5G coverage.

For more details, visit [T-Mobile’s coverage page](https://www.t-mobile.com/coverage).

What’s the news : It’s a New Year and Metro by T-Mobile is giving people new savings! Metro (NASDAQ: TMUS) announced that starting today, new customers can visit Metro stores nationwide to score four Samsung Galaxy A16 5Gs on Us when they get 4 lines on any Metro Flex plan … and the 4th line will be free. That’s more than $1,300 in value in their first year with Metro. Customers can connect their family for as low as $120/month with AutoPay ($125 the first month) on Metro Flex Start — that means customers can get four free phones (with free activation for a limited time) and pay just $30/line. And Metro Flex plans pack unbeatable value, including annual device upgrades with Metro’s best deals on select devices when new and existing customers trade-in their phone, plus unlimited talk, text and data — with no contracts, no credit checks and no surprises. Not to mention, customers enjoy the nation's fastest prepaid network. How’s that for kicking the new year off with savings and speed!