T-Mobile US Trading Volume Drops 25.75% to 82nd Rank Despite Strategic Fiber Acquisition

On April 1, 2025, T-Mobile US (TMUS) saw a trading volume of 8.05 billion, marking a 25.75% decrease from the previous day. This placed it at the 82nd position in terms of trading volume for the day. The stock price of TMUS rose by 0.69%, marking its second consecutive day of gains, with a total increase of 1.36% over the past two days.

T-Mobile US has recently announced a significant strategic move by closing a joint venture with EQT to acquire Lumos, a fiber-to-the-home provider. This acquisition aims to expand fiber internet access to millions of customers, enhancing broadband options and providing greater value and benefits. Lumos currently operates a 7,500-mile fiber network, serving 475,000 homes across the Mid-Atlantic region. The joint venture leverages T-Mobile's unique assets, EQT's fiber infrastructure expertise, and Lumos' scalable build capabilities to drive rapid network expansion. The goal is to reach 3.5 million homes by the end of 2028. T-Mobile has invested $950 million into this venture, with an additional $500 million planned between 2027 and 2028 to support further expansion. This strategic move is expected to add a new revenue stream to T-Mobile's wireless business, positioning the company as a leading broadband provider in the United States.