T-Mobile and EQT Announce Joint Venture to Acquire Lumos and Build Out the Un-carrier's First Fiber Footprint [Yahoo! Finance]
T-Mobile US, Inc. (TMUS)
Last t-mobile us, inc. earnings: 2/6 04:01 pm
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Source: Yahoo! Finance
BELLEVUE, Wash. and NEW YORK April 25, 2024 /PRNewswire/ -- T-Mobile (NASDAQ: TMUS), America's 5G leader and fastest growing broadband provider, and EQT , a purpose-driven global investment organization, today announced they have entered into a joint venture (JV) with EQT's Infrastructure VI fund (EQT) that will acquire fiber-to-the-home platform Lumos from EQT's predecessor fund EQT Infrastructure III. The JV will bring T-Mobile's retail, marketing, brand and customer experience strengths together with EQT's fiber infrastructure investment expertise. Together they will acquire Lumos' scalable fiber network build capabilities to deliver best-in-class high-speed fiber internet connectivity to customers across the U.S. without access to fiber today. After the transaction closes, Lumos, which currently reaches 320,000 households over 7,500 route miles with fiber optic internet and home wi-fi service in the Mid-Atlantic, will transition to a wholesale model with T-Mobile as the anchor
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TMUS
Earnings
- 4/25/24 - Beat
TMUS
Sec Filings
- 5/3/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form FWP
- TMUS's page on the SEC website