uploads///smartphone _

What Are T-Mobile’s Expansion Opportunities?

By

Nov. 20 2020, Updated 3:24 p.m. ET

T-Mobile’s distribution strategy

T-Mobile (TMUS), the fastest-growing and third-largest wireless service provider in the United States, is continuing to expand its distribution footprint into markets where it has not historically had a presence. In 2017, the telecommunications company opened nearly 1,500 new T-Mobile stores and over 1,300 new MetroPCS stores.

According to T-Mobile’s management, of the 1,500 new T-Mobile stores that opened in 2017, about one-third opened in urban markets, about one-third opened in suburban markets, and the remaining one-third opened in greenfield markets. The company’s retail store expansion will be exclusively focused on greenfield markets in 2018.

Article continues below advertisement

T-Mobile’s revenue trend

T-Mobile believes that the expansion of its distribution footprint could help fetch new customers and subsequently boost its total revenue. T-Mobile’s total revenue rose ~8.8% YoY (year-over-year) to reach $10.5 billion in the first quarter.

In comparison, Verizon’s (VZ) wireless revenue rose ~4.9% YoY to reach $21.9 billion in the first quarter. AT&T’s (T) wireless revenue from its combined domestic operations rose ~1.5% YoY to reach $17.4 billion in the quarter. Meanwhile, Sprint’s (S) revenue from its wireless component fell ~4.6% YoY to reach $7.8 billion in its fiscal fourth quarter of 2017, which ended in March 2018.

Check out all the data we have added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data as well as dividend info. Take a look!

Advertisement

More From Market Realist

    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.