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With more backup power at more sites than ever before and over 50% more heavy-duty disaster response satellite vehicles, the Un-carrier is prepared to support customers and communities when disasters strike

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BELLEVUE, Wash. — June 15, 2023 — Because connectivity is critical during and after disasters, T-Mobile (NASDAQ:TMUS) is always ready. Summer can bring extreme weather and natural disasters like hurricanes and wildfires, but the Un-carrier’s emergency response teams have been preparing year-round to support customers, first responders and communities to minimize network impact and increase recovery speed by:

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Increasing investments in network hardening by more than 30% over the past two years to reduce service interruptions, adding fixed backup generators at critical sites nationwide.

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Adding 50% more heavy-duty disaster response satellite vehicles to its ready-to-respond fleet.

Expanding its community support fleet with new, fully loaded RV command centers and heavy-duty Wi-Fi vehicles.

Partnering with Pano AI and Valmont on innovative 5G emergency response.

Participating in specialized training exercises and community events.

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“T-Mobile’s teams have worked year-round to ensure our leading 5G network is available when the customers and communities we serve need it most, bolstering redundancy and hardening our footprint as we maximize coverage and capacity nationwide,” said Ulf Ewaldsson, president, technology at T-Mobile. “Following disasters our network and community support teams will also be ready to deploy cutting-edge response assets – vehicles, 5G drones, command centers and other tools – that will deliver connectivity, Wi-Fi and other supplies to local residents and first responders.”

Hardening the Nation’s <a href="https://www.t-mobile.com/coverage/4g-lte-5g-networks" target="_blank" rel="noreferrer noopener">Largest and Fastest 5G Network</a>

Since 2021, T-Mobile has made strategic investments to increase its network hardening footprint by more than 30%, placing fixed backup generators at even more towers, cell sites, network switches, data centers and other critical sites nationwide. These investments also enable the Un-carrier’s emergency response teams to leverage the network in innovative ways. For example, technicians and engineers who monitor weather in the field can remotely adjust sites in real-time to concentrate the signal in impacted areas, providing first responders with more bandwidth for data-intensive activities such as orchestrating rescues. This saves critical time and has minimal impact on customers due to T-Mobile’s network resiliency.

First responders and emergency officials with <a href="https://www.t-mobile.com/business/resources/wireless-priority-service-wps" target="_blank" rel="noreferrer noopener">Wireless Priority Service</a> (WPS) also automatically get priority access and preemption for voice and priority access for data on T-Mobile’s network at no cost. When seconds matter during times of emergency or network congestion, WPS moves critical communications to the front of the line.

More Assets than Ever Before

T-Mobile is increasing its inventory of heavy-duty network disaster response vehicles—Satellite Cell-On-Wheels (SatCOWs) and Satellite Cell-On-Light-Trucks (SatCOLTs)—by over 50%. And this year, the Un-carrier is also rolling out new Class Super C RV Command Centers for on-site operations management and new heavy-duty community support trucks that provide device charging, charging supplies and Wi-Fi for anyone who needs it. The Un-carrier’s fleet already includes Network Emergency Operation Centers, Rough Terrain Dual Mast COLTs (which provide coverage for up to two miles, two-way radio communications, Wi-Fi and emergency lighting), Jeep COLTs, network and community Command Centers, Wi-Fi charging trailers, tow response vehicles and more. The emergency response team also stages agile solutions like COWs, VSATs (small satellite terminals) and microwave/long-range microwave kits to quickly restore service in impacted areas.

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5G Innovated Emergency Response

The Un-carrier is looking ahead and innovating on the next wave of natural disaster prevention and response technology. Through an <a href="https://www.t-mobile.com/news/network/t-mobile-recieves-innovation-award-for-5g-wildfire-detection" target="_blank" rel="noreferrer noopener">award-winning partnership</a>, Pano AI leverages T-Mobile’s 5G network, ultra-high-definition cameras and a proprietary AI platform to scan and locate early-stage wildfires. With this technology, utility companies, fire authorities, forestry companies and private landowners can detect and respond to wildfires in rural areas faster than ever before. Earlier this month, <a href="https://www.t-mobile.com/news/network/valmont-t-mobile-5g-industry-first-bvlos-flight" target="_blank" rel="noreferrer noopener">T-Mobile and Valmont</a> announced the longest ever beyond visual line of site (BVLOS) drone flight for infrastructure inspection—77 miles—enabled by T-Mobile’s 5G network. During the flight, Valmont demonstrated the capability of a 5G-enabled technology to preemptively monitor infrastructure such as power lines, railroads and bridges in Texas with greater accuracy, helping to prevent malfunctions and infrastructure-related emergencies. When disasters strike, T-Mobile deploys cutting-edge 5G Search and Rescue (SAR) drones and tethered drones to aid in disaster response efforts. SAR drones can fly up to 75 miles per mission to provide coverage and use infrared and thermal imaging to locate people, especially in unfavorable conditions. And with a 55-pound payload capacity, they can also deliver lifesaving supplies. Connected to power and backhaul resources, tethered drones can fly up to 400 feet to provide nearly continuously coverage to surrounding areas.

T-Mobile is Prepared – Now It’s Your Turn!

Here’s some steps that customers can take prepare for disasters ahead of time:

For more information on how T-Mobile prepares for and responds to disasters, visit T-Mobile’s <a href="https://www.t-mobile.com/news/community/emergency-response" target="_blank" rel="noreferrer noopener">Emergency Response Hub</a>. Follow T-Mobile’s Official Twitter Newsroom <a href="https://twitter.com/tmobilenews" target="_blank" rel="noreferrer noopener">@TMobileNews </a>to stay up to date with the latest company news.

See 5G device, coverage, &amp; access details at <a href="https://www.t-mobile.com/" target="_blank" rel="noreferrer noopener">T-Mobile.com</a>.

About T-Mobile US, Inc. T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information please visit:&nbsp;<a href="https://www.t-mobile.com/" target="_blank" rel="noreferrer noopener">https://www.t-mobile.com</a>.&nbsp;

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3879850_CD_Disaster_Prepardness_Infographic_REVW_English_v02-3-1

3879850_CD_Disaster_Prepardness_Infographic_REVW_English_v02-3-1 - T-Mobile Newsroom

Large motorhome style RV parked outdoors. Vehicle is branded with the T-Mobile logo and the title of Emergency Operation Center

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Entrance to Captiva Island Fire Department with equipment and public safety vehicles parked in front

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Two heavy duty vehicles parked back-to-back outdoors, branded with the T-Mobile logo. Vehicle on the right of the image has satellite equipment extended

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T-Mobile logo branded all-terrain vehicle with mounted satellite equipment extended. Vehicle is parked outdoors

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T-Mobile logo branded all-terrain vehicle with mounted satellite equipment retracted to convey portability. Vehicle is parked outdoors.

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T-Mobile logo branded truck titled Emergency Management. Vehicle has satellite equipment retracted to convey portability and is parked outdoors

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Large truck with mounted satellite dish and antenna tower. Vehicle is branded with the T-Mobile Emergency Management logo and has an open window to display the interior equipment.

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With more backup power at more sites than ever before and over 50% more heavy-duty disaster response satellite vehicles, the Un-carrier is prepared to support customers and communities when disasters strike

When Connections Matter Most, T-Mobile is Ready - T-Mobile Newsroom

When Connections Matter Most, T-Mobile is Ready

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Latest T‑Mobile News, Offers &amp; Devices

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New and existing customers can snag a free season-long MLB.TV subscription in addition to MLS Season Pass on Us

Plus, anyone switching to T-Mobile’s Go5G Plus gets $200 per line to use for any other sports streaming app of their choice

BELLEVUE, Wash. — May 15, 2023 — It’s a choose your own sports adventure. Patrick Mahomes <a href="https://twitter.com/patrickmahomes">announced</a> this morning that T-Mobile (NASDAQ: TMUS) now has the ultimate sports streaming package, giving customers another crack at free MLB.TV, plus $200 anyone can put toward ANY other sports streaming app of their choice when bringing their number to T-Mobile. Yes, even live billiards. Or boxing. Or bowling. That’s on top of <a href="https://deal.t-mobiletuesdays.com/mlsmicrosite0221o3">MLS Season Pass on Us</a> and <a href="https://www.t-mobile.com/tv-streaming/vix-plus-deal">ViX Premium on Us</a> featuring exclusive matches from the best leagues in Europe and Latin America, which customers can already get.

MLB.TV is T-Mobile’s most popular perk. More customers have claimed free access every year since 2016, and this year, demand hit an all-time high with a 21% increase from last season. Now, T-Mobile’s bringing it back. From Tuesday, May 23 through Monday, July 17, new and existing T-Mobile, Metro by T-Mobile and Home Internet customers snag a free season-long MLB.TV subscription (a $139.99 value) via <a href="https://www.t-mobile.com/offers/t-mobile-tuesdays">T-Mobile Tuesdays</a>.

On top of that, T-Mobile and Metro by T-Mobile customers can watch soccer matches for free with <a href="https://deal.t-mobiletuesdays.com/mlsmicrosite0221o3">MLS Season Pass on Us</a>, which brings all the action and excitement of Major League Soccer to the Apple TV app. Fans can watch every MLS match on billions of devices, set-top boxes and game consoles, as well as on the web at <a href="https://tv.apple.com/">tv.apple.com</a>. MLS Season Pass ($99 annual value) features every live regular-season match, all MLS Cup playoff matches and the Leagues Cup — without any blackouts.

The Un-carrier knows baseball fans love other sports, too. That’s why anyone who switches to T-Mobile on <a href="https://www.t-mobile.com/cell-phone-plans">Go5G Plus</a> right now can get $200 via a prepaid card for EVERY line they bring over to put toward another top sports streaming package of their choice. Love you some hockey? Auto racing get you going? Basketball more your jam? The ball’s in your court.

"T-Mobile customers love streaming and love sports, so naturally, we’re giving them more of what they love — the best of baseball with MLB.TV, our most popular perk, and a sports streaming app of their choice. On top of the free MLS Season Pass they already get,” said Mike Sievert, T-Mobile CEO. “We always put customers in the driver’s seat, and now they can choose another sports app that matches their interests perfectly.”

Better yet, T-Mobile’s giving away the fan experience of a lifetime for MLB All-Star Week — complete with a pair of tickets to the T-Mobile Home Run Derby, MLB All-Star Game presented by Mastercard, Capital One PLAY BALL PARK, VIP access to an epic party, money for food, beverages and merch at T-Mobile Park, plus flights and a hotel. Head to the T-Mobile Tuesdays app on Tuesday, May 30 to enter for a chance to win.

ABOUT MLB.TV MLB.TV delivers both home and away broadcast feeds, with live and on-demand access to every out-of-market regular season game. Fans can access their favorite team’s affiliates’ games in the MLB App, stream on-the-go and enjoy live game DVR controls to pause and rewind the action in HD. Head to the <a href="https://www.t-mobile.com/offers/t-mobile-tuesdays">T-Mobile Tuesdays</a> app to redeem from Tuesday, May 23 at 5 a.m. ET through Tuesday, July 18 at 4:59 a.m. ET.

In addition to MLB.TV, Un-carrier customers get even more baseball (yes, it’s possible!) with <a href="https://www.t-mobile.com/tv-streaming/apple-tv-plus-deal">Apple TV+ on Us</a> and Friday Night Baseball.

STREAM MORE SPORTS WITH GO5G PLUS New customers who switch to T-Mobile on Go5G Plus can claim their $200 per switched line now for a limited time. When someone signs up, they’ll get a virtual prepaid card from T-Mobile in their first month good to use toward any sports streaming app they want.

While the Carriers lock customers in three year device contracts, T-Mobile <a href="https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.t-mobile.com%2Fcell-phone-plans%3Ficid%3DMGPO_TMO_P_23FXWBYAWA_SLZQZV8NXIVFRDNV833965&amp;data=05%7C01%7CClint.Patterson28%40T-Mobile.com%7C7c12e9ddfc644b95485c08db4c2d001a%7Cbe0f980bdd994b19bd7bbc71a09b026c%7C0%7C0%7C638187528395871666%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C7000%7C%7C%7C&amp;sdata=ynXXc9BwZp2b87bH9%2FxKDQ8HiKYvOyfI%2Fat0AUKJwmc%3D&amp;reserved=0">Go5G Plus</a> customers are upgrade-ready every two years, and always get the same great device deals whether they’re a new or existing customer. And <a href="https://www.t-mobile.com/cell-phone-plans">Go5G Plus</a> is packed with $270 in additional perks for families per month — like&nbsp;<a href="https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.t-mobile.com%2Ftv-streaming%2Fapple-tv-plus-deal&amp;data=05%7C01%7CClint.Patterson28%40T-Mobile.com%7C7c12e9ddfc644b95485c08db4c2d001a%7Cbe0f980bdd994b19bd7bbc71a09b026c%7C0%7C0%7C638187528395871666%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C7000%7C%7C%7C&amp;sdata=TGBSIraSHwK47wSLwWiaPPq6wqPsepROt9OyFFJwTyQ%3D&amp;reserved=0">Apple TV+ on Us</a>, free&nbsp;<a href="https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.t-mobile.com%2Fbenefits%2Ftravel%2Fin-flight-wifi&amp;data=05%7C01%7CClint.Patterson28%40T-Mobile.com%7C7c12e9ddfc644b95485c08db4c2d001a%7Cbe0f980bdd994b19bd7bbc71a09b026c%7C0%7C0%7C638187528395871666%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C7000%7C%7C%7C&amp;sdata=zVdZNeuLV2R8pchaMPPOWtaKBbfScPpQlhr5Qh4qdOQ%3D&amp;reserved=0">in-flight Wi-Fi</a>, free&nbsp;<a href="https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.t-mobile.com%2Fcell-phone-plans%2Finternational-roaming-plans&amp;data=05%7C01%7CClint.Patterson28%40T-Mobile.com%7C7c12e9ddfc644b95485c08db4c2d001a%7Cbe0f980bdd994b19bd7bbc71a09b026c%7C0%7C0%7C638187528395871666%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C7000%7C%7C%7C&amp;sdata=pQQN9Bl6YcyHNk4pYVg8NzBBig3D%2BDzEVMNKfl5r2%2Fs%3D&amp;reserved=0">international high-speed data</a> and so much more. All on top of America’s&nbsp;<a href="https://www.t-mobile.com/coverage/4g-lte-5g-networks">largest, fastest and most awarded 5G network</a>.

For more information, visit <a href="http://www.t-mobile.com/switch/see-why">www.t-mobile.com/switch/see-why</a>. On May 23, visit <a href="https://www.t-mobile.com/offers/t-mobile-tuesdays">T-Mobile Tuesdays</a> for more details on the MLB.TV offer and MLS Season Pass on Us.

Follow T-Mobile’s Official Twitter Newsroom <a href="https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Ftwitter.com%2FTMobileNews&amp;data=02%7C01%7CGina.Cohen3%40T-Mobile.com%7C99a364c68ae74ac2a38508d7a6aa2b95%7Cbe0f980bdd994b19bd7bbc71a09b026c%7C0%7C0%7C637161122116110118&amp;sdata=EmvFbas31iO9vDTPE5udP5OqKFD%2FYropl5DHQhnsqaE%3D&amp;reserved=0" target="_blank" rel="noreferrer noopener">@TMobileNews</a> to stay up to date with the latest company news.

Limited-time offers; subject to change. Qualifying plan required. Access T-Mobile Tuesdays and sign up for MLB.TV and MLS between 5/23-7/18/2023. ©/TM 2023 MLB. 2023 MLS Season Pass expires 1/31/24. Apple ID, compatible products &amp; services required. 13+. $200: Qualifying credit, new Go5G Plus voice line, and port-in from AT&amp;T, Verizon, Claro, US Cellular, Spectrum, Liberty Puerto Rico, or Xfinity required. Get $200 via virtual prepaid Mastercard, no cash access &amp; expires in 6 months., issued by Sunrise Banks N.A., Member FDIC. Sweepstakes: NO PURCHASE NECESSARY. Open to residents of the fifty United States, PR, USVI and DC. 16+. 5/30/23 5:00 AM ET - 5/31/23 4:59 AM ET. On how to enter and full rules go to amoe.t-mobiletuesdays.com/Promotion/Rules​. Void where prohibite​d.

About T-Mobile T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information please visit: <a href="https://www.t-mobile.com/" target="_blank" rel="noreferrer noopener">https://www.t-mobile.com</a>.

Media Contacts T-Mobile US, Inc. Media Relations <a href="mailto:MediaRelations@T-Mobile.com" target="_blank" rel="noreferrer noopener">MediaRelations@t-mobile.com</a>

Investor Relations Contact&nbsp; T-Mobile US, Inc.&nbsp; <a href="mailto:investor.relations@t-mobile.com" target="_blank" rel="noreferrer noopener">investor.relations@t-mobile.com</a>&nbsp; <a href="https://investor.t-mobile.com" target="_blank" rel="noreferrer noopener">https://investor.t-mobile.com</a>&nbsp;&nbsp;

Patrick Mahomes Unveils T-Mobile's Ultimate Sports Streaming Combo - T-Mobile Newsroom

T-Mobile Ultimate Sports Streaming Combo - T-Mobile Newsroom

Customers can snag free MLB.TV, and anyone switching to T-Mobile gets $200 per line to use for any other sports streaming app.

T-Mobile Delivers Ultimate Sports Combo: Baseball with MLB, Soccer with MLS and Your Fave Sports Streaming App - T-Mobile Newsroom

T-Mobile Delivers Ultimate Sports Combo: Baseball with MLB, Soccer with MLS and Your Fave Sports Streaming App

Offers

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Industry-Leading Postpaid and Broadband Customer Growth(1)

Postpaid net account additions of 287 thousand, best in industry

Postpaid net customer additions of 1.3 million, more than AT&amp;T and Verizon combined and raising guidance

Postpaid phone net customer additions of 538 thousand, higher share of industry net adds year-over-year

Postpaid phone churn of 0.89%, only operator to improve year-over-year

High Speed Internet net customer additions of 523 thousand, more than AT&amp;T, Verizon, Comcast and Charter combined for the 4th consecutive quarter

Differentiated Growth Strategy with Disciplined Focus on Profitability

Service revenues of $15.5 billion grew an industry-leading 3% year-over-year, including industry-leading Postpaid service revenue growth of 6% year-over-year

Net income of $1.9 billion grew 172% year-over-year and diluted earnings per share (“EPS”) of $1.58 grew 177% year-over-year, best in industry growth

Core Adjusted EBITDA(2) of $7.1 billion grew 9% year-over-year, best in industry growth and raising guidance

Net cash provided by operating activities of $4.1 billion grew 5% year-over-year, higher margins year-over-year and raising guidance

Adjusted Free Cash Flow(2) of $2.4 billion grew 46% year-over-year, best in industry margins and raising guidance

Repurchased 33.0 million shares of common stock in Q1 2023 for $4.8 billion

T-Mobile Reigns as Nationwide Overall Network Leader and Largest, Fastest and Most-Awarded 5G Network

Clean sweep across every category for overall network performance for the second quarter in a row from Ookla and continued wins across 5G network categories from Ookla and umlaut

5G network covers 98% of Americans and Ultra-Capacity 5G covers 275 million people

Bellevue, WA — April 27, 2023 — T-Mobile US, Inc. (NASDAQ: TMUS) reported first quarter 2023 results today, raising 2023 guidance while translating its disciplined approach to profitable growth into industry-leading growth in both customers and profitability. The company is celebrating 10 years of Un-carrier moves and three years since the merger with Sprint by continuing its commitment to eliminate customer pain points while leading the industry in overall network experience. In its latest Un-carrier move, T-Mobile is delivering Phone Freedom by giving Carrier customers the flexibility to break free from ever-expanding device contracts, while providing even more value with the new <a href="https://www.t-mobile.com/cell-phone-plans" target="_blank" rel="noreferrer noopener">Go5G Plus rate plan</a>.

"T-Mobile’s focused execution against our intentional growth plan delivered best-in-class postpaid and broadband customer and profitability growth in Q1 that gave us confidence to raise our 2023 guidance for customers and profitability,” said T-Mobile CEO Mike Sievert. “For more than ten years, the Un-carrier has put customers first and we will continue to do just that. Our unique ability to offer the best network and best value, coupled with moves like Phone Freedom and our <a href="https://www.t-mobile.com/cell-phone-plans" target="_blank" rel="noreferrer noopener">new Go5G phone plans</a>, will only continue to fuel our profitable future growth in this competitive environment."

Postpaid net account additions of 287 thousand decreased 61 thousand year-over-year, reflecting continued industry-leading share of net account additions in an environment of industry growth normalization toward pre-pandemic levels.

Postpaid net customer additions of 1.3 million decreased 25 thousand year-over-year, reflecting continued normalization of industry growth.

Postpaid phone net customer additions of 538 thousand decreased 51 thousand year-over-year while reflecting a higher share of industry net additions. Postpaid phone churn of 0.89% improved 4 bps year-over-year.

Prepaid net customer additions of 26 thousand decreased 36 thousand year-over-year, and Prepaid churn was 2.76%.

High Speed Internet net customer additions of 523 thousand increased 185 thousand year-over-year. T-Mobile ended the quarter with 3.2 million High Speed Internet customers.

Total net customer additions of 1.3 million decreased 61 thousand year-over-year. The total customer count increased to a record high of 114.9 million.

Total service revenues increased 3% year-over-year to $15.5 billion, which included Postpaid service revenue growth of 6% year-over-year.

Net income increased 172% year-over-year to $1.9 billion, which included lower merger-related costs, net of tax, of $268&nbsp;million. Diluted EPS increased 177% year-over-year to $1.58 per share.

Core Adjusted EBITDA increased 9% year-over-year to $7.1 billion, primarily due to Service revenue growth and increased synergy realization.

Net cash provided by operating activities increased 5% year-over-year to $4.1 billion, which included cash payments for merger-related costs of $484 million.

Cash purchases of property and equipment, including capitalized interest, decreased 11% year-over-year to $3.0 billion driven by increased capital efficiencies from accelerated investments in the nationwide 5G network in 2022.

Adjusted Free Cash Flow increased 46% year-over-year to $2.4 billion, which included cash payments for merger-related costs of $484 million.

Common stock repurchases of 33.0 million shares for $4.8&nbsp;billion in Q1 2023. As of April 21, 2023, the cumulative total repurchased was 59.4 million shares for $8.5 billion with remaining authorization of up to $5.5 billion through the end of September 2023.

T-Mobile Reigns as Nationwide Overall Network Leader and Largest, Fastest and Most-Awarded 5G Network

T-Mobile’s 5G network covers 326 million people with more geographic coverage than AT&amp;T and Verizon combined. 275 million people nationwide are covered by T-Mobile’s super-fast Ultra Capacity 5G, and the Un-carrier plans to reach 300 million people with Ultra Capacity this year – nearly everyone in the country.

T-Mobile’s 5G leadership has translated into overall network leadership while 5G is increasingly becoming the overall network experience for customers. The Un-carrier continues its third-party report winning streak for overall network and 5G:

Ookla: In its latest Speedtest Global Index Market Analysis, T-Mobile repeated wins in every single category for overall network performance for the second consecutive quarter. T-Mobile’s network once again earned the top ranking for fastest speeds, most consistent, best video, lowest latency, best 5G performance and 5G availability.

umlaut: In its latest 5G Network Performance Audit Report, T-Mobile received top honors with the overall highest 5G score and was once again named as the most reliable 5G network in the country with the best 5G coverage, stability, and speeds.

Raising 2023 Guidance

Postpaid net customer additions are expected to be between 5.3 million and 5.7 million, an increase from prior guidance of 5.0 million to 5.5 million.

Core Adjusted EBITDA, which is Adjusted EBITDA less lease revenues, is expected to be between $28.8 billion and $29.2 billion, an increase from prior guidance of $28.7 billion to $29.2 billion.

Merger synergies are expected to be between $7.3 billion and $7.5 billion, an increase from prior guidance of $7.2 billion to $7.5 billion.

Merger-related costs are expected to be approximately $1.0 billion before taxes. These costs are excluded from Core Adjusted EBITDA but will impact Net income, Net cash provided by operating activities and Adjusted Free Cash Flow.

Net cash provided by operating activities, including payments for Merger-related costs, is expected to be between $17.9 billion and $18.3 billion, an increase from prior guidance of $17.8 billion to $18.3 billion.

Cash purchases of property and equipment, including capitalized interest, are expected to be between $9.4 billion and $9.7 billion.

Adjusted Free Cash Flow, including payments for Merger-related costs, is expected to be between $13.2 billion and $13.6 billion, an increase from prior guidance of $13.1 billion to $13.6 billion. Adjusted Free Cash Flow guidance does not assume any material net cash inflows from securitization.

Doing Good — The Un-carrier Way — Industry Leader in Building a More Connected and Sustainable Future

T-Mobile continues to stay true to its commitment to use its network, scale and resources for good, building a more connected, equitable and sustainable future:

T-Mobile earned an A- (leadership level) on the 2022 CDP Climate Change assessment. The company also earned a place on the 2022 Supplier Engagement Leaderboard with an A rating, landing among the top 8% of companies assessed for supplier engagement around climate change.

The Un-carrier continued to lead the U.S. wireless industry in renewable energy use. T-Mobile sourced 100% of its purchased electricity from renewable energy in 2022.(1)

T-Mobile made progress on the DE&amp;I Promises in its Equity In Action Plan, achieving over half of the Promises by the end of 2022 and remaining on track to achieve the remaining Promises by 2025.

T-Mobile launched the fifth Changemaker Challenge, a nationwide contest that gives young leaders an opportunity to turn their innovative ideas into solutions that create a more inclusive, equitable and sustainable future.

Financial Results

For more details on T-Mobile’s Q1 2023 financial results, including the Investor Factbook with detailed financial tables, please visit T-Mobile US, Inc.’s Investor Relations website at https://investor.t-mobile.com. 

Earnings Call Information

Thursday, April 27, 2023, at 4:30 p.m. (EDT)

Access via Phone (audio only)

Please plan on accessing the call 10 minutes prior to the scheduled start time.

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Contact Information

Media Relations: <a href="mailto:mediarelations@t-mobile.com" target="_blank" rel="noreferrer noopener">mediarelations@t-mobile.com</a>

Investor Relations: <a href="mailto:investor.relations@t-mobile.com" target="_blank" rel="noreferrer noopener">investor.relations@t-mobile.com</a>

T-Mobile Social Media Investors and others should note that we announce material financial and operational information to our investors using our investor relations website (<a href="https://investor.t-mobile.com" target="_blank" rel="noreferrer noopener">https://investor.t-mobile.com</a>), newsroom website (<a href="https://t-mobile.com/news" target="_blank" rel="noreferrer noopener">https://t-mobile.com/news</a>), press releases, SEC filings and public conference calls and webcasts. We also intend to use certain social media accounts as a means of disclosing information about us and our services and for complying with our disclosure obligations under Regulation FD (the @TMobileIR Twitter account (<a href="https://twitter.com/TMobileIR" target="_blank" rel="noreferrer noopener">https://twitter.com/TMobileIR</a>), the @MikeSievert Twitter account (<a href="https://twitter.com/MikeSievert" target="_blank" rel="noreferrer noopener">https://twitter.com/MikeSievert</a>), which Mr. Sievert also uses as a means for personal communications and observations, and the @TMobileCFO Twitter Account (<a href="https://twitter.com/tmobilecfo" target="_blank" rel="noreferrer noopener">https://twitter.com/tmobilecfo</a>), and our CFO’s LinkedIn account (<a href="https://www.linkedin.com/in/peter-osvaldik-3887394" target="_blank" rel="noreferrer noopener">https://www.linkedin.com/in/peter-osvaldik-3887394</a>), both of which Mr. Osvaldik also uses as a means for personal communication and observations). The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our investor relations website.

About T-Mobile US, Inc. T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile and Metro by T-Mobile. For more information please visit: <a href="https://www.t-mobile.com" target="_blank" rel="noreferrer noopener">https://www.t-mobile.com</a>.

Forward-Looking Statements This communication includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including information concerning T-Mobile US, Inc.’s future results of operations, are forward-looking statements. These forward-looking statements are generally identified by the words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “could” or similar expressions.

Forward-looking statements are based on current expectations and assumptions, which are subject to risks and uncertainties and may cause actual results to differ materially from the forward-looking statements. Important factors that could affect future results and cause those results to differ materially from those expressed in the forward-looking statements include, among others, the following: competition, industry consolidation and changes in the market for wireless communication services and other forms of connectivity; criminal cyberattacks, disruption, data loss or other security breaches; our inability to take advantage of technological developments on a timely basis; our inability to retain or motivate key personnel, hire qualified personnel or maintain our corporate culture; system failures and business disruptions, allowing for unauthorized use of or interference with our network and other systems; the scarcity and cost of additional wireless spectrum, and regulations relating to spectrum use; the difficulties in maintaining multiple billing systems following the Merger (as defined below) and any unanticipated difficulties, disruption, or significant delays in our long-term strategy to convert Sprint’s legacy customers onto T-Mobile’s billing platforms; the impacts of the actions we have taken and conditions we have agreed to in connection with the regulatory proceedings and approvals of the Transactions (as defined below), including the acquisition by DISH Network Corporation (“DISH”) of the prepaid wireless business operated under the Boost Mobile and Sprint prepaid brands (excluding the Assurance brand Lifeline customers and the prepaid wireless customers of Shenandoah Personal Communications Company LLC (“Shentel”) and Swiftel Communications, Inc.), including customer accounts, inventory, contracts, intellectual property and certain other specified assets, and the assumption of certain related liabilities (collectively, the “Prepaid Transaction”), the complaint and proposed final judgment agreed to by us, Deutsche Telekom AG (“DT”), Sprint Corporation, now known as Sprint LLC (“Sprint”), SoftBank Group Corp. (“SoftBank”) and DISH with the U.S. District Court for the District of Columbia, which was approved by the Court on April 1, 2020, the proposed commitments filed with the Secretary of the Federal Communications Commission (“FCC”), which we announced on May 20, 2019, certain national security commitments and undertakings, and any other commitments or undertakings entered into, including but not limited to, those we have made to certain states and nongovernmental organizations (collectively, the “Government Commitments”), and the challenges in satisfying the Government Commitments in the required time frames and the significant cumulative costs incurred in tracking and monitoring compliance over multiple years; adverse economic, political or market conditions in the U.S. and international markets, including changes resulting from increases in inflation or interest rates, supply chain disruption, impacts of current geopolitical instability caused by the war in Ukraine; our inability to manage the ongoing commercial and transition services arrangements entered into in connection with the Prepaid Transaction, and known or unknown liabilities arising in connection therewith; the timing and effects of any future acquisition, divestiture, investment, or merger involving us; any disruption or failure of our third parties (including key suppliers) to provide products or services for the operation of our business; our inability to fully realize the synergy benefits from the merger (the "Merger") with Sprint, pursuant to the Business Combination Agreement with Sprint and the other parties named therein (as amended, the "Business Combination Agreement" and the other transactions contemplated by the Business Combination Agreement (collectively, the "Transactions") in the expected time frame; our substantial level of indebtedness and our inability to service our debt obligations in accordance with their terms or to comply with the restrictive covenants contained therein; changes in the credit market conditions, credit rating downgrades or an inability to access debt markets; restrictive covenants including the agreements governing our indebtedness and other financings; the risk of future material weaknesses we may identify, or any other failure by us to maintain effective internal controls, and the resulting significant costs and reputational damage; any changes in regulations or in the regulatory framework under which we operate; laws and regulations relating to the handling of privacy and data protection; unfavorable outcomes of and increased costs from existing or future regulatory or legal proceedings; our offering of regulated financial services products and exposure to a wide variety of state and federal regulations; new or amended tax laws or regulations or administrative interpretations and judicial decisions affecting the scope or application of tax laws or regulations; our wireless licenses, including those controlled through leasing agreements, are subject to renewal and may be revoked; our exclusive forum provision as provided in our Certificate of Incorporation; interests of DT, our controlling stockholder, that may differ from the interests of other stockholders; future sales of our common stock by DT and SoftBank and our inability to attract additional equity financing outside the United States due to foreign ownership limitations by the FCC; our 2022 Stock Repurchase Program may not be fully consummated, our share repurchase program may not enhance long-term stockholder value and other risks as disclosed in our most recent annual report on Form 10-K, 10-Q and other filings with the Securities and Exchange Commission (the “SEC”).

For our environmental, climate, or other “Environmental, Social, and Governance (ESG)” targets, goals and commitments outlined in this communication, we face additional risks and uncertainties, including unexpected delays, difficulties, and expenses in executing against such targets, goals and commitments, as well as changes in laws or regulations affecting us, such as changes in cybersecurity, data privacy, environmental, safety and health laws, and other risks as disclosed in our most recent annual report on Form 10-K, 10-Q and other filings with the SEC. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. We undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements, except as required by law.

In addition, some of the statements contained in this communication may rely on third-party information and projections that management believes to be reputable; however, we do not independently verify or audit this information. This communication also contains ESG-related statements based on hypothetical scenarios and assumptions as well as estimates that are subject to a high level of uncertainty, and these statements should not necessarily be viewed as being representative of current or actual risk or performance, or forecasts of expected risk or performance. In addition, historical, current, and forward-looking environmental and social-related statements may be based on standards for measuring progress that are still developing, and internal controls and processes that continue to evolve. Forward-looking and other statements in this communication may also address our corporate responsibility and sustainability progress, plans, and goals, and the inclusion of such statements is not an indication that these contents are necessarily material for the purposes of complying with or reporting pursuant to the U.S. federal securities laws and regulations, even if we use the word “material” or “materiality” in this communication in relation to those statements. Website references throughout this communication are provided for convenience only, and the content on the referenced websites is not incorporated by reference into this communication.

Un-carrier Once Again Executes on its Differentiated Strategy with its Unique Combination of Best Network and Best Value Including Recent Launch of Phone Freedom and New Go5G Plus Plan

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The T-Mobile and Sprint merger was all about shaking up a broken industry and fixing consumer pain points, which is exactly what we’ve done – and will continue to do for years to come. As the recognized leader in 5G and now as America’s overall network leader, we have fueled competition, doubled down on value, expanded our 5G network and offerings across America – all while continuing to be recognized as a great place to work by creating new, high-quality, high-paying jobs and investing in our employees.

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For media inquiries, please contact us at: T-MOBILE US MEDIA RELATIONS <a href="mailto:MediaRelations@T-Mobile.com">MediaRelations@T-Mobile.com</a>

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