T-Mobile is attracting more customers with its massive 5G network coverage with unlimited plans starting at $50 a month. The “Un-carrier” hit record uplink speeds earlier this month, boasting up to 200 Mbps. Last month, T-Mobile announced it added over 1.3 million postpaid wireless customers, more than the four of its competitors combined.
The provider is picking up more speed as a main contender for wireless and home internet services. At the MoffettNathanson Investor Conference held earlier today Peter Osvaldik, T-Mobile’s Executive Vice President and Chief Financial Officer, said “In the top 100 markets we are typically in the 40% market share,” as well as seeing approximately 16.5 percent in 775 smaller markets including rural areas.
He went on to say much of this market growth is due to more customers using 5G-enabled smartphones. Approximately 60 percent of T-Mobile’s customers have some type of 5G-supported phone.
By the end of 2025, T-Mobile strives to grow its network by 20 percent and has stated this goal is well underway, seeing enormous progress in reaching previously excluded areas. The internet provider aims to add over 8 million new members, although recent quarterly reports indicate T-Mobile could easily achieve even higher numbers.
How impressive is this 40 percent market share holding? Enough that competitors are getting disgruntled with T-Mobile’s rapidly expanding success.
Even though Dish Network is attempting to spend $3.5 billion purchasing some of T-Mobile’s 800 MHz spectrum, the network filed a petition with the Federal Communications Commission (FCC) earlier this month, attempting to block a purchase deal between T-Mobile and Columbia Capital proposed back in 2022. Dish Network claims this deal will harm competition between providers by giving T-Mobile an unfair advantage on the available 600 MHz spectrum. The network alleges T-Mobile has already exceeded the maximum spectrum ceilings in numerous markets, covering over a third of the spectrum.