Who owns T-Mobile? (It’s not what you think)
T-Mobile is one of the most popular wireless carriers in the United States. However, if you’re considering creating a T-Mobile account, you might want to learn more about the company. For example, who owns T-Mobile?
Well, I’ve been researching this and found a lot of info for you, so read on to find out who owns T-Mobile, and more!
Who owns T-Mobile in 2022?
Deutsche Telekom is a major shareholder in T-Mobile, holding more than 48.4% of the company in 2022. Deutsche Telekom is a telecommunications company headquartered in Germany, while T-Mobile is a US wireless carrier headquartered in Washington. That being said, T-Mobile is a wholly owned subsidiary of Deutsche Telekom, serving millions of customers.
Do you want to know more, like who is the CEO of T-Mobile? If so, read on for other fun facts!
Who is the CEO of T-Mobile?
T-Mobile’s CEO and President is Mike Sievert, who also sits on the company’s board of directors.
Sievert began as T-Mobile’s CEO in May 2020, when former CEO John Legere decided to retire.
Is T-Mobile owned by AT&T?
T-Mobile is not part of AT&T, but a wholly owned subsidiary of German telecom company Deutsche Telekom.
Having said that, in 2011, T-Mobile and AT&T were supposed to merge, but the merger failed due to antitrust concerns.
Is Verizon owned by T-Mobile?
Verizon is not owned by T-Mobile and has its own network. In fact, Verizon and T-Mobile are direct competitors and two giants in the telecommunications industry.
As a result, they compete for customers with products and services, such as the nationwide expansion of 5G networks.
Is T-Mobile owned by a Chinese company?
T-Mobile is not owned by a Chinese company, but is owned by Deutsche Telekom, a German telecom company.
Additionally, T-Mobile operates in the United States and is headquartered in Bellevue, Washington.
Did T-Mobile buy Sprint?
T-Mobile acquired Sprint in 2020, a merger that resulted in only three large wireless carriers on the market instead of four.
However, as part of the merger, T-Mobile had to agree to sell other assets, including Boost Mobile, to get the government-sanctioned merger.
Who owns the most T-Mobile stock?
Deutsche Telekom owns the most T-Mobile stock, with a more than 48.4% share. In second place is Japanese company SoftBank with an 8.5% stake in T-Mobile.
In addition, public shareholders make up the remaining 43.1% of T-Mobile.
Why does my phone show AT&T when I own T-Mobile?
One of the reasons people think AT&T owns T-Mobile is that your phone might show AT&T.
This is because T-Mobile and AT&T have a mutual roaming agreement.
For example, if you’re out of T-Mobile coverage, your phone will roam on the AT&T network until you can re-enter the T-Mobile network.
Also, since AT&T and T-Mobile tried to merge in 2011, many thought it had passed. However, a merger between the two companies has yet to happen.
What was T-Mobile before?
Before Deutsche Telekom acquired what became known as T-Mobile in 2001, the company was formerly known as Voice Stream Wireless PCS, a subsidiary of Western Wireless.
Has T-Mobile shut down?
T-Mobile has no plans to close because it is one of the largest wireless companies in the US and competes directly with Verizon.
To learn more, you can also read our posts on T-Mobile’s slogan, T-Mobile’s re-employment policy, and T-Mobile’s Privacy Policy.
in conclusion
T-Mobile, a wholly-owned subsidiary of German telecommunications company Deutsche Telekom, owns 48.4% of T-Mobile.
However, the Japanese company SoftBank holds an 8.5% stake in T-Mobile, the rest are public shareholders, and the current CEO of T-Mobile is Mike Sivert. Also, before being acquired by Telekom, T-Mobile was formerly known as Voice Stream Wireless PCS.
