10 Important News Updates Investors Shouldn’t Miss

4. T-Mobile US, Inc. (NASDAQ:TMUS)

Number of Hedge Fund Holders: 66

T-Mobile US, Inc. (NASDAQ:TMUS) provides mobile communications, internet services, and wireless devices across the U.S., Puerto Rico, and the U.S. Virgin Islands.

During the Super Bowl on February 9, T-Mobile announced with an ad that it has launched T-Mobile Starlink, a satellite-based mobile service developed with Starlink, which is now in public beta. The service aims to provide connectivity over 500,000 square miles of the U.S. where traditional cell towers are unavailable. Initially, it will support text messaging and will later expand to include voice calls and data.

Moreover, phones will automatically switch to satellite coverage when out of range of terrestrial networks, and the service also supports emergency alerts. The beta is free until July, after which it will be included in select T-Mobile plans or available for $15 per month. AT&T and Verizon customers can try it for free during the beta and later subscribe for $20 per month.