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T-Mobile Stock To Give Double-Digit Returns To Patient Investors – Here s Why
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Reviving Stocks in Expert s Opinion: Sprint Corporation (NYSE:S)
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Photo: Alastair Pike/AFP (Getty Images)
T-Mobile laid out some bold plans regarding the expansion of its 5G network during avirtual event with analysts today.
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According to The Verge, those plans include covering 90% of Americans (roughly 300 million people) with faster mid-band and mmWave service by the end of 2023, and 97% with slower low-band 5G by the end of 2022. Currently, 125 million T-Mobile customers are covered by its Ultra Capacity plan, which includes mid-band and mmWave, and 287 million are covered by its Extended Range plan, or low-band 5G plan.
Those who are already on T-Mobile’s Ultra Capacity plan will see their speeds increase from 300 Mbps up to 400 Mbps this year, thanks in part to the spectrum T-Mobile acquired when it merged with Sprint. But the mobile carrier is about to acquire more spectrum from the FCC’s recent C-band auction. T-Mobile bid more than $9.3 billion to acquire 142 spectrum licenses, while AT&T and Verizon bid billions more
Rich Communication Services Market Next Big Thing | Major Giants Google, Verizon, Telefonica
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