T-Mobile's 7.85 Billion Trade Volume Ranks 81st Amid Lumos Acquisition and Broadband Expansion

On April 2, 2025, T-Mobile US (TMUS) experienced a trading volume of 7.85 billion, ranking 81st in the day's stock market activity. The stock price of T-Mobile US (TMUS) decreased by 1.48%.

T-Mobile and EQT have successfully closed their joint venture to acquire Lumos, a fiber-to-the-home provider. This strategic move aims to expand fiber internet access to millions of customers, offering more capable broadband options and enhanced value. The acquisition is part of T-Mobile's broader strategy to accelerate the deployment of fiber-to-the-home Internet access across the country, targeting 3.5 million homes by 2028. This expansion not only adds a new revenue stream to T-Mobile's wireless business but also positions the company to compete more effectively in the broadband market.

As part of the transaction, many Lumos customers will transition to T-Mobile Fiber, enjoying new offers and benefits. This move is expected to strengthen T-Mobile's position in the fiber internet market, providing customers with faster and more reliable internet services. The acquisition of Lumos aligns with T-Mobile's commitment to delivering high-quality internet services and enhancing customer satisfaction.

T-Mobile has launched new spring savings offers for its Home Internet service, making it more affordable and attractive for customers to switch. The offers include covering early termination fees and providing up to $300 for customers who switch to T-Mobile Home Internet. Additionally, T-Mobile is introducing its first exclusive bundle for the 55+ community, offering a $20 monthly discount on Home Internet when bundled with any 55+ wireless plan. These promotions are designed to attract new customers and retain existing ones by providing significant savings and additional benefits.