T-Mobile US - M&A Summary and Business Overview

CommunicationsCompany

T-Mobile US M&A Summary

T-Mobile US has acquired 14 companies, including 3 in the last 5 years. A total of 6 acquisitions came from private equity firms. It has also divested 3 assets.

T-Mobile US’s largest acquisition to date was in 2018, when it acquired Sprint for $59.0B. It’s largest disclosed sale occurred in 2000, when it sold Omnipoint Technologies to Xircom for $52M. T-Mobile US has acquired in 11 different US states, and 2 countries. The Company’s most targeted sectors include communications (75%) and marketing (9%).

T-Mobile US Business Overview

Where is T-Mobile US headquartered?

T-Mobile US is headquartered in Bellevue, Washington.

What is T-Mobile US’s revenue?

T-Mobile US disclosed revenue of 79,571M USD for 2022 and 80,118M USD for 2021.

How many employees does T-Mobile US have?

T-Mobile US has 75,000 employees.

What sector is T-Mobile US in?

T-Mobile US is a communications company.

When was T-Mobile US founded?

T-Mobile US was founded in 1944.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity12
    • M&A Sell Activity3
  • Total Sectors Invested 4
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 11
  • M&A Advisors 10

T-Mobile US

T-Mobile US, Inc.

12920 South East 38th Street,
Bellevue, Washington 98006
United States,
(425) 378-4000
www.t-mobile.com

T-Mobile US is a provider of wireless communications services, including voice, messaging and data to customers in the postpaid, prepaid, and wholesale markets. T-Mobile USA provides services, devices and accessories across its brands, T-Mobile and MetroPCS, through Company owned and operated retail stores, third party distributors and its websites. T-Mobile US was founded in 1994 and is based in Bellevue, Washington.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 9 - 1 1 1 - 12
vol $62.9B $2.0B $1.3B $66.2B
Sell (0.2/yr) # 2 - - 1 - - 3
vol $52M $52M
  15

Most Recent M&A

Company Date Value Type
Ka’ena Corp. 2023-03-15 1.3B USD Add-on Acquisition
Costa Mesa, California · www.mintmobile.com
T-Mobile - Wireline Business 2022-09-07 - Divestiture
Bellevue, Washington
Octopus Interactive 2022-01-10 - Add-on Acquisition
Bethesda, Maryland · www.playoctopus.com
Shenandoah Telecommunication Co. - Wireless Assets 2021-02-02 2.0B USD Divestiture
Edinburgh, Virginia
Sprint Corp. 2018-04-29 59.0B USD Merger
Overland Park, Kansas · www.sprint.com
Layer3 TV, Inc. 2018-01-23 - Add-on Acquisition
Denver, Colorado · www.layer3tv.com
Continuum 700 LLC 2016-08-08 - Add-on Acquisition
Jackson, Mississippi · www.continuumwireless.com
MetroPCS Communications, Inc. 2013-04-30 1.5B USD Add-on Acquisition
Richardson, Texas · www.metropcs.com
SunCom Wireless Holdings, Inc. 2007-09-17 2.4B USD Merger
Berwyn, Pennsylvania · www.suncom.com
Niedermeyer GmbH 2004-01-01 - Divestiture
Vienna, Austria · www.niedermeyer.at
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 9 (75%) 66.2B (100%) 1 (33%) -
Retail 1 (8%) - 1 (33%) -
Marketing 1 (8%) - - -
Media 1 (8%) - - -
Technology Hardware - - 1 (33%) 52M (100%)
Total 12 $66.2B 3 $52M

By Geo

State/Country Buy Value Sell Value
United States 11 66.2B 2 52M
  Washington 1 - 2 52M
  Virginia 1 2.0B - -
  Texas 1 1.5B - -
  Pennsylvania 1 2.4B - -
  New Mexico 1 - - -
  Mississippi 1 - - -
  Maryland 1 - - -
  Kansas 1 59.0B - -
  Georgia 1 - - -
  Colorado 1 - - -
  California 1 1.3B - -
Austria 1 - 1 -
Domestic 11 (92%) 66.2B (100%) 2 (67%) 52M (100%)
Cross-border 1 (8%) - 1 (33%) -
Total 12 $66.2B 3 $52M

Top M&A Advisors

Financial Deals
Morgan Stanley
1
Deutsche Bank Corporate & Investment Banking
1
Lazard Ltd.
1
Legal Deals
Wachtell, Lipton, Rosen & Katz
2
Cleary Gottlieb Steen & Hamilton
2
K&L Gates LLP
1

Deal Values

buy # Total
> $1B 5 $66.2B
TOTAL $66.2B
Largest Sprint Corp.
$59.0B (2018-04-29)
sell # Total
< $100M 1 $52M
TOTAL $52M
Largest Omnipoint Technologies, Inc.
$52M (2000-06-13)

M&A Connections

Deals
Acquired from
Investor(s)
33%
4 (33%)
Strategic(s)
17%
2 (17%)
Divested to
Investor(s)
33%
1 (33%)
Strategic(s)
67%
2 (67%)

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