TMUS T-Mobile US Inc.

T-Mobile Announces Plans for Real Nationwide Mobile 5G

Fresh off its game-changing results in the US government’s historic 600 MHz spectrum auction and another industry-leading quarter, T-Mobile (NASDAQ: TMUS) today became the first US wireless company to announce plans for truly nationwide 5G. On top of expanding and strengthening its LTE coverage, the Un-carrier will use a portion of its $8 billion mother lode of low-band 600 MHz spectrum to deliver 5G coverage from coast to coast.

T-Mobile president and CEO John Legere laid out the Un-carrier’s strategy to deliver 5G coverage to customers across the country in a video blog published today.

“5G will be amazing, and we can’t even imagine all the cool stuff it will bring, just like with our earlier network innovations. That’s why truly mobile 5G has to be nationwide -- period, the end,” said John Legere, president and CEO of T-Mobile. “The carriers are using 5G to either distract from how badly they’re losing today or to give their shareholders some hope they can compete with Big Cable. Their ambitious vision for Fixed 5G to replace home internet will never provide mobile 5G coverage. It makes no sense.”

The Un-carrier will leverage multiple spectrum bands to deliver true nationwide Mobile 5G coverage. The Duopoly are approaching 5G much like a series of hotspots in select cities—with 5G coverage that will completely disappear once customers step outside these limited 5G zones, meaning their 5G experiences disappear too.

T-Mobile CTO Neville Ray penned a blog explaining the breadth and depth of the Un-carrier’s nationwide Mobile 5G.

“There’s no such thing as ‘5G spectrum,’ and in the next decade we’ll see everything moving to 5G,” said Neville Ray, T-Mobile CTO. “Nationwide Mobile 5G will require both high-band AND broad low-band coverage, and having unused nationwide 600 MHz spectrum means T-Mobile is in an ideal position to deliver.”

On top of its nationwide deployment, T-Mobile 5G will enable high bandwidth and massive throughput in urban areas using a combination of mid-band and millimeter wave spectrum.

T-Mobile’s 600 MHz 5G network will deliver increased radio efficiency, immense numbers of connected devices, lower latency and improved battery life and reliability, all of which Mobile 5G will make possible. T-Mobile expects to deploy 5G in its low-band 600 MHz spectrum quickly across its existing nationwide macro network, in contrast with the carriers’ millimeter wave spectrum plans, which would require a number of small cells so massive that providing broad coverage would be impossible.

“The 600 MHz spectrum will allow 5G to be deployed nationwide, bringing the ultimate experiences to T-Mobile’s enterprise customers and consumers throughout the United States,” said Borje Ekholm, President and CEO, Ericsson. “We will support T-Mobile US with 5G radio development for this spectrum. Commercial availability of the product will be aligned with 3GPP standardization and ecosystem support.”

Beyond vastly improved speeds for mobile devices, T-Mobile expects to see a whole new class of innovative mobile applications and solutions emerge, built for broad 5G coverage.

“The 5G networks of tomorrow have the ability to usher in tremendous commercial opportunities for service providers, vertical industries and new entrants,” said Rajeev Suri, CEO of Nokia. “Nokia is proud of its 20-year history of working alongside T-Mobile to build their next generation networks. With its future network plans to pursue Mobile 5G on 600MHz, we stand ready to take T-Mobile into the next decade.”

Along with device and infrastructure partners, T-Mobile will help drive 3GPP certification for 5G in 600 MHz. As 5G standards are defined, chipsets are delivered, and equipment comes to market, T-Mobile will quickly deploy 5G nationwide in a large swath of unused spectrum. 5G rollout is expected to begin in 2019 with a target of 2020 for full nationwide coverage.

Forward-Looking Statements

This news release includes "forward-looking statements" within the meaning of the U.S. federal securities laws. Any statements made herein that are not statements of historical fact, including statements about T-Mobile US, Inc.'s plans, outlook, beliefs, opinions, projections, guidance, strategy, store openings, deployment of spectrum and expected network modernization and other advancements, are forward-looking statements. Generally, forward-looking statements may be identified by words such as "anticipate," "expect," "suggests," "plan," “project,” "believe," "intend," "estimates," "targets," "views," "may," "will," "forecast," and other similar expressions. The forward-looking statements speak only as of the date made, are based on current assumptions and expectations, and involve a number of risks and uncertainties. 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: adverse economic or political conditions in the U.S. and international markets; competition in the wireless services market, including new competitors entering the industry as technologies converge; the effects any future merger or acquisition involving us, as well as the effects of mergers or acquisitions in the technology, media and telecommunications industry; challenges in implementing our business strategies or funding our wireless operations, including payment for additional spectrum or network upgrades; the possibility that we may be unable to renew our spectrum licenses on attractive terms or acquire new spectrum licenses at reasonable costs and terms; difficulties in managing growth in wireless data services, including network quality; material changes in available technology; the timing, scope and financial impact of our deployment of advanced network and business technologies; the impact on our networks and business from major technology equipment failures; breaches of our and/or our third party vendors’ networks, information technology and data security; natural disasters, terrorist attacks or similar incidents; existing or future litigation; any changes in the regulatory environments in which we operate, including any increase in restrictions on the ability to operate our networks; any disruption or failure of our third parties’ or key suppliers’ provisioning of products or services; material adverse changes in labor matters, including labor campaigns, negotiations or additional organizing activity, and any resulting financial, operational and/or reputational impact; the ability to make payments on our debt or to repay our existing indebtedness when due; adverse change in the ratings of our debt securities or adverse conditions in the credit markets; changes in accounting assumptions that regulatory agencies, including the Securities and Exchange Commission (“SEC”), may require, which could result in an impact on earnings; and changes in tax laws, regulations and existing standards and the resolution of disputes with any taxing jurisdictions; and other risks described in our filings with the SEC, including those described in our most recently filed Annual Report on Form 10-K. You should not place undue reliance on these forward-looking statements. We do not undertake to update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

About T-Mobile US, Inc.

As America's Un-carrier, T-Mobile US, Inc. (NASDAQ: TMUS) is redefining the way consumers and businesses buy wireless services through leading product and service innovation. Our advanced nationwide 4G LTE network delivers outstanding wireless experiences to 72.6 million customers who are unwilling to compromise on quality and value. Based in Bellevue, Washington, T-Mobile US provides services through its subsidiaries and operates its flagship brands, T-Mobile and MetroPCS. For more information, please visit http://www.t-mobile.com.

EN
02/05/2017

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