Back to top

Image: Shutterstock

T-Mobile Leapfrogs Competition With Its Mid-Band 5G Spectrum

Read MoreHide Full Article

T-Mobile US, Inc. (TMUS - Free Report) is bringing its mid-band 5G spectrum (2.5 GHz) in parts of 81 additional cities and towns for customers who want to experience up to gigabit-per-second peak 5G speeds. With this move, the wireless operator’s much-appreciated 5G network goes live in almost 90 cities and towns across the country.

The Bellevue, WA-headquartered company plans to continue lighting up this 5G spectrum at an aggressive pace through 2020 and beyond. Reportedly, T-Mobile has almost twice as much low- and mid-band spectrum as AT&T (T - Free Report) and triple as that of Verizon (VZ - Free Report) . The company has the largest nationwide 5G network, covering more than 250 million people across 1.3 million square miles.

In June, T-Mobile achieved a significant milestone by offering 5G services across all 50 states in the country. In many places, mid-band 5G average download speeds are around 300 Mbps with peak speeds approaching 1 Gbps. T-Mobile’s 2.5 GHz 5G delivers super-fast speeds and extensive coverage with signals that go through walls and trees, unlike 5G networks that are controlled by the mmWave spectrum.

On Apr 1, T-Mobile completed its merger with Sprint to create a new wireless entity. Following this, it deployed mid-band 5G in Philadelphia and New York City. Subsequently, the service was launched in Atlanta, Chicago, Dallas, Houston, Los Angeles and Washington DC. The union enabled T-Mobile and Sprint to join their high- and low-band spectrum for a faster nationwide 5G rollout.

T-Mobile is confident in its ability to unlock massive synergies while building the finest 5G network. Also, it aims to deliver $43 billion of synergies and achieve $6 billion of annualized cost savings. T-Mobile’s commitment to building the world’s best nationwide 5G network will likely bring super-fast speeds to urban areas as well as rural locations. Customers will have access to average 5G speeds up to eight times faster than LTE in a few years and 15 times faster over the next six years.

T-Mobile’s shares have returned 53.1% in the past year compared with 6.9% growth of the industry.



The company has a long-term (3 to 5 years) earnings growth expectation of 12.3% compared with the industry’s 8.4%. It has a trailing four-quarter earnings surprise of 125.5%, on average.

T-Mobile carries a Zacks Rank #3 (Hold), at present.

A better-ranked stock in the broader industry is Qorvo, Inc. (QRVO - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Qorvo has a trailing four-quarter earnings surprise of 20%, on average.

Biggest Tech Breakthrough in a Generation

Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.

A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.

See 8 breakthrough stocks now>>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


ATT Inc. (T) - free report >>

Verizon Communications Inc. (VZ) - free report >>

Qorvo, Inc. (QRVO) - free report >>

TMobile US, Inc. (TMUS) - free report >>

Published in