T-Mobile’s market share in the US mobile space
In the previous part of this series, we learned about the solid expansion in T-Mobile’s (TMUS) 4G LTE (long-term evolution) network coverage in recent years. A report by 451 Research dated March 28, 2016, highlighted the robust expansion in T-Mobile’s market share in the US wireless telecom industry.
According to the report, “From the end of 2012 through the end of 2015 – the three-year period of Un-carrier – T-Mobile has grown from 33.4 million customers to 63.2 million customers. That growth has catapulted its market share from 10% to 17%, and enabled it to surpass Sprint to become the number-three US-based operator.”
Market share metrics for other top players in the US wireless space
The top four US wireless players are AT&T (T), Verizon (VZ), T-Mobile, and Sprint (S). AT&T and Sprint had ~128.6 million and ~58.4 million subscribers and connections, respectively, at the end of 2015. According to the report, this metric for Verizon was at ~121 million at the end of the same period.
According to the report, in the US wireless telecom space, the market shares by subscribers and connections of AT&T, Verizon, and Sprint were ~33%, ~33%, and ~17%, respectively, at the end of 2012. At the end of 2015, these metrics for AT&T, Verizon, and Sprint had reached ~34%, ~32%, and ~15%, respectively.
For a diversified exposure to the stocks of players in the US telecom industry, you may consider taking a diversified exposure to this space by investing in the SPDR S&P 500 ETF (SPY).
SPY held a total of ~2.4% in some of the US telecom companies at the end of December 2015.