uploads///Telecom T Mobiles G LTE Coverage

T-Mobile’s 4G LTE Coverage Got More Robust in 2015

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Jan. 11 2016, Updated 8:06 a.m. ET

Geographic expansion of T-Mobile’s 4G LTE coverage

In the last part of the series, we looked at T-Mobile’s (TMUS) expansion of its low-band LTE (Long-Term Evolution) coverage in 4Q15. According to the company, this coverage spanned 185 million people at the end of 2015.

T-Mobile also significantly expanded its 4G (fourth-generation) LTE coverage in 2015. John Legere, T-Mobile’s CEO (chief executive officer) and president, talked about the company’s 4G LTE expansion in a December 30, 2015, blog post.

Legere said, “We have more than doubled our LTE footprint since 2014, adding almost 1 million square miles of new LTE (more than doubling our square mile coverage overall) – basically about 1/3rd the size of the continental US.”

According to the company, its 4G LTE coverage spanned 304 million people at the end of 2015. That figure was 265 million people at the end of 2014.

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4G LTE coverage of other top US wireless players

Now let’s look at the 4G LTE coverage of other US wireless carriers. Verizon’s (VZ) coverage reaches 308 million people. AT&T (T) says its coverage spans more than 308 million people.

At the UBS Global Media and Communications Conference, Tarek A. Robbiati, Sprint’s (S) CEO, said the company’s coverage was more than 280 million people as of December 7, 2015.

For a diversified exposure to telecom companies in the US telecom space, you can consider investing in the Technology Select Sector SPDR ETF (XLK). XLK held a total of 10.5% in some of the US telecom players at the end of December 2015.

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