BELLEVUE, Wash.--(BUSINESS WIRE)--It’s on! T-Mobile (NASDAQ: TMUS) today lit up the country’s first nationwide 5G network, covering more than 200 million people and more than 5,000 cities and towns all across the country. Today’s launch immediately catapults T-Mobile into the leadership position as the country’s biggest 5G network, covering more than 1 million square miles, much of that in rural America. But today is just the start. If the merger with Sprint closes, the New T-Mobile will be able to build on this foundation to deliver transformational broad and deep 5G for All.
T-Mobile execs have fun lighting up America’s first nationwide 5G network
Two new 5G superphones, the exclusive OnePlus 7T Pro 5G McLaren and the Samsung Galaxy Note10+ 5G, are available for pre-order today at www.t-mobile.com/devices/5g-phones and in T-Mobile stores on December 6. Both 5G superphones tap into the Un-carrier’s 600 MHz 5G network where available and T-Mobile’s advanced nationwide LTE network elsewhere. Plus, both are ready to use Sprint’s 5G spectrum (2.5 GHz) when available from the New T-Mobile if the merger closes. To celebrate the launch, customers can get the OnePlus 7T Pro 5G McLaren for FREE with 24 bill credits when they switch to T-Mobile and trade in an eligible phone … or, get a Note10+ 5G for FREE with 24 bill credits when they buy another and add a line (two for new customers).
Metro by T-Mobile will launch America’s first nationwide prepaid 5G on December 6. Because what good is advanced technology if not everyone — absolutely everyone — can get it?
“5G is here on a nationwide scale. This is a HUGE step towards 5G for All,” said John Legere, CEO of T-Mobile. “While Dumb and Dumber focus on 5G for the (wealthy) Few, launching in just a handful of cities — and forcing customers into their most expensive plans to get 5G — we’re committed to building broad, deep nationwide 5G that people and businesses can access at no extra cost with the New T-Mobile … and today is just the start of that journey.”
T-Mobile’s 5G network is not just bigger, it’s better. Here’s how:
- It’s real! T-Mobile’s 5G is based on real, standards-based 5G. Verizon first launched their own made-up version of 5G (5GTF), and AT&T started in 5G by deceiving customers with fake “5GE” which is just LTE re-labeled.
- Covers rural America … a LOT of rural America. T-Mobile’s network covers more than 60% of the population across more than 1 million square miles, much of that in rural America. Verizon and AT&T only work in parts of some cities and won’t say how many square miles (yards? feet?) they cover.
- Covers people … a LOT of people. T-Mobile’s 5G network covers 200 million people and more than 5,000 towns. That’s over 20,000% more towns than Verizon and AT&T, who won’t even say how many people they currently cover … because the real number has got to be so embarrassing. Verizon 5G only works in “parts” of outdoor areas of 18 cities and in a few stadiums, and AT&T 5G works for businesses in 21 cities and for consumers in parts of 5 cities later this year.
- Works indoors. T-Mobile’s 5G goes through walls. Verizon’s 5G gets blocked by things like walls, windows and leaves.
- Available for everyone. Anyone with a capable device can get 5G from T-Mobile, including businesses and consumers as well as postpaid and prepaid customers.
- Doesn’t cost more. 5G access costs the same as LTE at T-Mobile. Verizon forces customers to pay $10 more per month for 5G or use a more expensive plan. AT&T just forces customers into their most expensive plans.
“The carriers have been over-hyping 5G for years now, setting expectations beyond what they can deliver. When Verizon says #5GBuiltRight, they must mean sparse, expensive and limited to outdoors only,” said Neville Ray, T-Mobile President of Technology. “Meanwhile at T-Mobile, we built 5G that works for more people in more places, and this is just the start. With the New T-Mobile, we’ll see 5G speeds follow the same path as LTE, increasing exponentially over time. Plus, real broad and deep 5G will unleash whole new categories of innovation that will touch almost every area of the economy. The 5G future is bright, and it starts today.”
Of course, T-Mobile has published an interactive, zoomable 5G map at www.t-mobile.com/5Gmap, so customers can see exactly where they’ll get 5G coverage, down to their neighborhoods. For months (231 days, to be exact), Verizon refused to publish 5G coverage maps, until the Un-carrier forced them to do so with a relentless VerHIDEzon.com campaign aimed at ensuring greater carrier transparency.
T-Mobile is starting by building a 5G foundation with broad nationwide access for more people in more places. Together with Sprint, the New T-Mobile will have the ability to complete the picture, adding critical depth with mid-band spectrum for broad coverage and performance as well as millimeter wave spectrum for hotspot-like coverage in dense urban areas. Only this combination will deliver a 5G network with both breadth and depth, something the carriers simply cannot do as quickly.
5G Superphones
The Un-carrier isn’t holding back when it comes to making 5G more accessible and affordable. Next year, T-Mobile expects to launch more than 15 new 5G smartphones with a variety of price points and features. For those ready to get 5G now, customers who switch to T-Mobile can get the OnePlus 7T Pro 5G McLaren for FREE with 24 monthly bill credits when they trade in an eligible phone. Existing customers can get up to $300 off the OnePlus 7T Pro 5G McLaren or up to HALF off the Galaxy Note10+ 5G via trade-in credit and rebate when they trade in their eligible phone. Plus, customers with good credit can get a free Note10+ 5G with 36 monthly bill credits when they buy one and add a line (two for new customers).
OnePlus 7T Pro 5G McLaren
The OnePlus 7T Pro 5G McLaren device is exclusive to T-Mobile customers and sports a 6.67” Fluid QHD+ Display with a 90 Hz refresh rate. It comes packed with three rear cameras, a 4085 mAh battery and Warp Charge 30T. In collaboration with McLaren, the device focuses on innovation and premium design with papaya orange accents. T-Mobile customers can get the OnePlus 7T Pro 5G McLaren in 256GB in Papaya Orange for $37.50/month ($0 down, FRP: $899.99) — all for well qualified customers for 24 months on T-Mobile’s no-interest Equipment Installment Plan.
Samsung Galaxy Note10+ 5G
The Samsung Galaxy Note10+ 5G touts a 6.8” Cinematic Infinity display, four rear cameras and a 4300 mAh battery. It comes equipped with an enhanced S Pen and Wireless PowerShare capabilities. T-Mobile customers can get the Galaxy Note10+ 5G in 256GB in Aura Glow or Aura Black for $36.12/month ($0 down, FRP: $1,299.99) — all for well qualified customers for 36 months on T-Mobile’s no-interest Equipment Installment Plan.
For more information on the latest 5G devices at T-Mobile, visit www.t-mobile.com/devices/5g-phones. For more information and offer details for the Samsung Galaxy Note10+ 5G at Metro by T-Mobile, visit www.metrobyt-mobile.com/network#5G. For more information on the New T-Mobile, please visit www.NewTMobile.com.
Customers with a 600 MHz 5G capable device will be able to access T-Mobile’s nationwide 5G network. 5G is still developing, not all devices & signals are compatible. Coverage not available in some areas. While 5G access won’t require a certain plan or feature, some uses/services might. See Coverage details, Terms & Conditions, and Open Internet information for network management details (like video optimization) at T-Mobile.com.
Free device offers via bill credits with finance agreement(s): if you cancel your line before receiving all credits, your remaining balance will become due (e.g., up to $1299.99 for Note 10+ 5G), if cancelling your account, you can contact us first to instead make discounted monthly payments. Tax on pre-credit price due at sale. For well-qualified customers. If you have canceled lines in past 90 days, reactivate them first. $10 SIM card, and, in stores & on customer service calls, $20 assisted or upgrade support charge may be required. Must be active and in good standing to receive credits; allow 2 bill cycles from trade-in. May not be combined with some offers or discounts (Carrier Freedom). Free 7T Pro 5G McLaren: Limit 1/account. Note 10+ 5G: Max 6 offers/account. Rebate offers: If you cancel service, remaining balance on required financed device becomes due. Rebate via trade-in credit and Virtual Express Prepaid Mastercard Card; no cash access & expires in 6 months. Allow 6-8 weeks. Max 12/account. Wireless PowerShare may not work with non-Samsung accessories or covers. May affect call reception or data services, depending on your network environment.
About T-Mobile US, Inc.
As America's Un-carrier, T-Mobile US, Inc. (NASDAQ: TMUS) is redefining the way consumers and businesses buy wireless services through leading product and service innovation. Our advanced nationwide 4G LTE network delivers outstanding wireless experiences to 84.2 million customers who are unwilling to compromise on quality and value. Based in Bellevue, Washington, T-Mobile US provides services through its subsidiaries and operates its flagship brands, T-Mobile and Metro by T-Mobile. For more information, please visit http://www.t-mobile.com.
Important Additional Information
In connection with the proposed transaction, T-Mobile US, Inc. (“T-Mobile”) has filed a registration statement on Form S-4 (File No. 333-226435),which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on October 29, 2018, and which contains a joint consent solicitation statement of T-Mobile and Sprint Corporation (“Sprint”), that also constitutes a prospectus of T-Mobile (the “joint consent solicitation statement/prospectus”), and each party will file other documents regarding the proposed transaction with the SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE JOINT CONSENT SOLICITATION STATEMENT/PROSPECTUS AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. The documents filed by T-Mobile may be obtained free of charge at T-Mobile’s website, at www.t-mobile.com, or at the SEC’s website, at www.sec.gov, or from T-Mobile by requesting them by mail at T-Mobile US, Inc., Investor Relations, 1 Park Avenue, 14th Floor, New York, NY 10016, or by telephone at 212-358-3210. The documents filed by Sprint may be obtained free of charge at Sprint’s website, at www.sprint.com, or at the SEC’s website, at www.sec.gov, or from Sprint by requesting them by mail at Sprint Corporation, Shareholder Relations, 6200 Sprint Parkway, Mailstop KSOPHF0302-3B679, Overland Park, Kansas 66251, or by telephone at 913-794-1091.
No Offer or Solicitation
This communication shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.
Cautionary Statement Regarding Forward-Looking Statements
This communication contains certain forward-looking statements concerning T-Mobile, Sprint and the proposed transaction between T-Mobile and Sprint. All statements other than statements of fact, including information concerning future results, are forward-looking statements. These forward-looking statements are generally identified by the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “could” or similar expressions. Such forward-looking statements include, but are not limited to, statements about the benefits of the proposed transaction, including anticipated future financial and operating results, synergies, accretion and growth rates, T-Mobile’s, Sprint’s and the combined company’s plans, objectives, expectations and intentions, and the expected timing of completion of the proposed transaction. There are several factors which could cause actual plans and results to differ materially from those expressed or implied in forward-looking statements. Such factors include, but are not limited to, the failure to obtain, or delays in obtaining, required regulatory approvals, and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the proposed transaction, or the failure to satisfy any of the other conditions to the proposed transaction on a timely basis or at all; the occurrence of events that may give rise to a right of one or both of the parties to terminate the business combination agreement; adverse effects on the market price of T-Mobile’s or Sprint’s common stock and on T-Mobile’s or Sprint’s operating results because of a failure to complete the proposed transaction in the anticipated timeframe or at all; inability to obtain the financing contemplated to be obtained in connection with the proposed transaction on the expected terms or timing or at all; the ability of T-Mobile, Sprint and the combined company to make payments on debt or to repay existing or future indebtedness when due or to comply with the covenants contained therein; adverse changes in the ratings of T-Mobile’s or Sprint’s debt securities or adverse conditions in the credit markets; negative effects of the announcement, pendency or consummation of the transaction on the market price of T-Mobile’s or Sprint’s common stock and on T-Mobile’s or Sprint’s operating results, including as a result of changes in key customer, supplier, employee or other business relationships; significant transaction costs, including financing costs, and unknown liabilities; failure to realize the expected benefits and synergies of the proposed transaction in the expected timeframes or at all; costs or difficulties related to the integration of Sprint’s network and operations into T-Mobile; the risk of litigation or regulatory actions, including the antitrust litigation brought by the attorneys general of certain states and the District of Columbia; the inability of T-Mobile, Sprint or the combined company to retain and hire key personnel; the risk that certain contractual restrictions contained in the business combination agreement during the pendency of the proposed transaction could adversely affect T-Mobile’s or Sprint’s ability to pursue business opportunities or strategic transactions; effects of changes in the regulatory environment in which T-Mobile and Sprint operate; changes in global, political, economic, business, competitive and market conditions; changes in tax and other laws and regulations; and other risks and uncertainties detailed in the Form S-4, as well as in T-Mobile’s Annual Report on Form 10-K for the fiscal year ended December 31, 2018 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements,” as well as in its subsequent reports on Form 8-K, all of which are filed with the SEC and available at www.sec.gov and www.t-mobile.com. Forward-looking statements are based on current expectations and assumptions, which are subject to risks and uncertainties that may cause actual results to differ materially from those expressed in or implied by such forward-looking statements. Given these risks and uncertainties, persons reading this communication are cautioned not to place undue reliance on such forward-looking statements. T-Mobile assumes no obligation to update or revise the information contained in this communication (whether as a result of new information, future events or otherwise), except as required by applicable law.
