T_Mobile History, Operation And Net_Worth 2023.

T_Mobile History, Operation And Net_Worth 2023.

T-Mobile is the brand name used by the mobile communications subsidiaries of the German telecommunications company Deutsche Telekom AG. The brand is active in the Czech Republic (T-Mobile Czech Republic), the Netherlands (T-Mobile Netherlands), Poland (T-Mobile Polska), and the United States (T-Mobile US).

The name was previously used by subsidiaries in other countries, including Albania (now Telekom Albania), Austria (now Magenta Telekom), Croatia (now Hrvatski Telekom), Germany (now Deutsche Telekom), Hungary (now Magyar Telekom), Montenegro (now Crnogorski Telekom), North Macedonia (now Makedonski Telekom), Romania (now Telekom Romania), Slovakia (now Slovak Telekom), and the United Kingdom (now EE Limited),

Since 1999, Deutsche Telekom owned the holding company T-Mobile International AG for its mobile communications subsidiaries. From 2003 to 2007, T-Mobile International was one of Deutsche Telekom’s segments beside the segments of ‘Broadband/Fixnet’, ‘Business Customers’ and ‘Group HQ and Shared Services’. In 2009, Deutsche Telekom transformed its structure to adopt a regional setup (Germany, Europe, USA) by combining its previously separated fixed and mobile subsidiaries to form integrated local businesses, T-Mobile International itself was merged into Deutsche Telekom AG.

When T-Mobile International AG existed, the holding company was based in Bonn, Germany, and its subsidiaries operated GSM-, UMTS- and LTE-based cellular networks in Europe, the United States, Puerto Rico and the U.S. Virgin Islands. The company had financial stakes in mobile operators in both Central and Eastern Europe. Globally, T-Mobile International’s subsidiaries had a combined total of approximately 230 million subscribers. T-Mobile International was the world’s thirteenth-largest mobile-phone service provider by subscribers and the fourth-largest multinational after the UK’s Vodafone, India’s Airtel, and Spain’s Telefónica.

T_Mobile History, Operation And Net_Worth 2023.

History

Logo of Deutsche Bundespost Telekom with posthorn before privatization

Germany’s first mobile-communications services were radiotelephone systems that were owned and operated by the state postal monopoly, Deutsche Bundespost. It launched the analog first-generation C-Netz (“C Network”, marketed as C-Tel), Germany’s first true mobile phone network in 1985.

On July 1, 1989, West Germany reorganized Deutsche Bundespost and consolidated telecommunications into a new unit, Deutsche Bundespost Telekom. On July 1, 1992, it began to operate Germany’s first GSM network, along with the C-Netz, as its DeTeMobil subsidiary. The GSM 900 MHz frequency band was referred to as the “D-Netz”, and Telekom named its service D1; the private consortium awarded the second license (now Vodafone Germany) chose the name D2. Deutsche Bundespost Telekom was renamed Deutsche Telekom AG on January 1, 1995 as part of phase two of the German communications reform. This process of deregulation continued in November 1996, when DT was privatized and had the largest European IPO at the time, with the stock abbreviation ‘DT 1’.

In 1999, T-Mobile International AG & Co. KG holding company was founded (later renamed to T-Mobile International AG). In 2002, as DT consolidated its international operations, it anglicized the T-Mobil name to T-Mobile.

On July 5, 2005 Deutsche Telekom transformed its structure and adopted a regional setup (Germany, Europe, USA). Where available, the local mobile businesses were combined with the respective local wireline businesses to follow the integrated business approach. In 2009 T-Mobile International AG was merged into Deutsche Telekom AG.

T_Mobile History, Operation And Net_Worth 2023.

Awards

From as early as 2004, the company has captured multiple J. D. Power annual awards in the areas of retail sales satisfaction, wireless customer care, and overall customer satisfaction. In 2011, J. D. Power and Associates stated that T-Mobile retail stores achieved the highest ratings among major wireless carriers for customer satisfaction for the fourth consecutive year, performing particularly well in price and promotions. Also in 2011, J. D. Power and Associates ranked T-Mobile USA highest among major providers in wireless customer care for the second consecutive year.

On December 3, 2015, Consumer Reports named T-Mobile the number one American wireless service provider. The results combine data from customer service, voice quality, text messaging services, and data speeds.

On February 6, 2016, T-Mobile was awarded the JD Power Award for customer satisfaction in the full-service wireless category for the second year in a row. T-Mobile received the highest score ever in the wireless industry.

In 2019, T-Mobile was recognized as one of Fortune’s Top 100 Companies To Work For, ranking #49

T-Mobile Net Worth

For the fiscal year 2017, T-Mobile US reported earnings of US$4.481 billion, with an annual revenue of US$40.604 billion, an increase of 8.3% over the previous fiscal cycle. T-Mobile’s shares traded at over $62 per share, and its market capitalization was valued at over US$58.1 billion in November 2018

As we speaks the total net worth of the company is not known but we will update it as soon as we find it.

the article was extracted from wikipedia.