What T-Mobile US (TMUS)'s Exclusive MVNO Deal With Charter and Comcast Means For Shareholders

• In July 2025, T-Mobile US reported second quarter revenue of US$21.13 billion and net income of US$3.22 billion, as well as a new multi-year exclusive agreement with Charter and Comcast to provide wireless connectivity to business customers through an MVNO partnership set to launch in 2026.
• This partnership positions T-Mobile as the primary network provider for two of the largest cable companies’ business mobile services, potentially strengthening its presence in the enterprise segment.
• We'll examine how this exclusive MVNO agreement with Charter and Comcast could influence T-Mobile's future business growth narrative.

Trump's oil boom is here - pipelines are primed to profit. Discover the 22 US stocks riding the wave.

T-Mobile US Investment Narrative Recap

To be a T-Mobile US shareholder, you need to believe in the company’s ability to grow its customer base and monetize new segments like enterprise, while continually boosting margins through network leadership and partnerships. The exclusive MVNO agreement with Charter and Comcast could accelerate T-Mobile’s expansion into the business market and add a powerful near-term catalyst, but elevated industry churn and competitive promotions still loom as the biggest risks for revenue and margin stability.

Of the recent company announcements, the buyback update stands out as particularly relevant; T-Mobile has completed the repurchase of more than 20 million shares for almost US$4.94 billion so far in 2025. While this signals management's confidence and may support share price performance, it doesn’t directly address short-term competition for business customers and enterprise churn that remains a key risk.

However, investors should be aware that even as T-Mobile secures exclusive agreements, heightened competitor activity could still pressure...

Read the full narrative on T-Mobile US (it's free!)

T-Mobile US is projected to reach $98.1 billion in revenue and $17.3 billion in earnings by 2028. This outlook relies on an annual revenue growth rate of 5.3% and a $5.1 billion increase in earnings from the current $12.2 billion level.

Uncover how T-Mobile US' forecasts yield a $271.31 fair value, a 12% upside to its current price.

Exploring Other Perspectives

Simply Wall St Community members estimated T-Mobile’s fair value between US$197 and US$518 per share across seven unique forecasts. While some focus on enterprise growth potential, others underline ongoing risks from industry competition and churn rates, highlighting the importance of weighing different viewpoints.

Explore 7 other fair value estimates on T-Mobile US - why the stock might be worth over 2x more than the current price!

Build Your Own T-Mobile US Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your T-Mobile US research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.
• Our free T-Mobile US research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate T-Mobile US' overall financial health at a glance.

Searching For A Fresh Perspective?

Our daily scans reveal stocks with breakout potential. Don't miss this chance:

• We've found 19 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.
• Uncover the next big thing with financially sound penny stocks that balance risk and reward.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com