The Un-carrier is releasing a significantly
upgraded and rebranded Layer3 TV in eight markets.
- What’s the news: T-Mobile
introduced TVision™ Home, a newly upgraded version of Layer3 TV, in
eight markets.
- Why it matters: T-Mobile has
already been wildly successful disrupting the wireless industry.
Today brings the Un-carrier one step closer to taking on Big Cable
later this year.
- Who it’s for: The 74% of
American households currently paying an average of $107.30 per
month for cable or satellite home TV service who are tired of the
hidden fees, bill creep and lousy customer service.
T-Mobile (NASDAQ: TMUS) today introduced TVision™ Home, a
rebranded and upgraded version of Layer3 TV. TVision Home is
launching in Chicago, Dallas-Fort Worth, Los Angeles, New York
City, Philadelphia, San Francisco, and Washington, D.C. metro
areas, as well as Longmont, CO, with other markets coming later
this year. The Un-carrier is also launching Satellite Freedom and
will pay off early contract termination fees for Dish and DirecTV
customers, up to $500 via prepaid card, when they switch to TVision
Home. T-Mobile also announced that Netflix and other streaming apps
will be available on TVision Home, and the Un-carrier shared plans
for TVision to run on popular third-party TV platforms in the
future.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20190410005523/en/
Meet T-Mobile TVision Home: BS-Free TV
That Learns You (Photo: Business Wire)
Following on its deal with Viacom last week, T-Mobile also
announced they will launch nationwide streaming services later in
2019 as the Un-carrier brings its disruptive approach – listening
to customers and solving their pain points – to cable &
satellite TV (aka the Cableopoly).
“The Un-carrier has already changed wireless for good… and
today’s news brings us one step closer to taking on Big Cable,”
said John Legere, CEO of T-Mobile. “And with the New T-Mobile, we
can do more than just offer home TV service … we can offer millions
of Americans more choice and competition for TV AND home broadband.
I can’t wait to begin un-cabling cable and giving millions the
opportunity to cut the cord with Big Cable forever.”
Meet TVision HomeTVision Home builds off the
innovations in Layer3 TV and delivers an upgraded, premium TV
experience for the 74% of American households still using
traditional cable or satellite TV. TVision Home delivers what
customers want most from high-end home TV with more HD premium
channels available than anyone else, and the most 4K channels
included at no additional cost. That’s 275+ available channels and
over 35,000+ On Demand movies, shows and more, plus on-screen
social content, a personalized home screen and DVR for each user,
smart speaker voice control with Amazon Alexa or Google Assistant,
and even access to your security cameras.
Check it out! www.youtube.com/watch?v=rDvWfmBUPF8
- TV That Learns
You: Traditional TV is completely impersonal, but
TVision Home changes all that with an AI-driven personalized UI
that gets smarter the more you watch. And it remembers more than
what you watch…it remembers when you watch it, and where you watch
it, serving up your favorite shows based on the hour and
location.
- Personalized
Experience for the Whole Family: TVision Home boasts a
personalized experience for everyone in the house, with an
individual DVR, home screen and profile for every user, so you
record only the shows you want – multiple programs at once! You get
a massive 1 terabyte of storage – that’s 400+ hours of DVR in
HD.
- Smart Home
Connected with On-screen Social Media: TVision Home is
connected to your digital life and your devices. View a slideshow
of your Facebook videos and picture, check your Twitter profiles,
use your voice to control TVision Home with Amazon Alexa and Google
Assistant, and monitor your front door with access to your security
cameras, all right from your TV.
- Streaming
& Cable Together: TVision Home launches with apps
for Pandora, iHeartRadio, XUMO, CuriosityStream, Toon Goggles and
HSN. And with an open platform, more apps are coming soon,
including Netflix, YouTube, YouTube Kids and more! And, T-Mobile
will soon release a companion app for iOS and Android, allowing you
to stream all your TV to your smartphone anywhere in the
house.
BS-Free TVBecause TVision Home is from T-Mobile, there
are no hidden fees, no bill creep or exploding offers, no annual
service contracts and no crappy customer service. BS-Free TV
means:
- Dedicated
Customer Care. TVision Home customers get a
TVision-dedicated customer care team from the company that ranks #1
in wireless customer service satisfaction year after year.
- No Hidden
Fees. Big Cable loves fees like Broadcast Fees, HD fees,
Activation fees and Early Termination Fees. And, all those fees add
to as much as 40% of a cable customers’ bills -- that’s up to $737
a year in hidden fees1! Not with TVision Home. Our straightforward
pricing doesn’t have pages of extra fees, so you’ll never
experience bill shock again.
- No Bill Creep
or Exploding Pricing. Traditional cable and satellite TV
locks consumers into a two-year contract with one rate, and then –
surprise! – after the first year, they get “thanked” for their
loyalty with a bill that’s up to 144% higher2. DirecTV Xtra is
advertised at $55/month, but in year 2 of the contract, it’ll cost
you $124/month – and that doesn’t even include the $8.49/month
regional sports fee or all the other fees. With TVision Home, your
price stays the same, unless you change it. Period.
- One consistent
price for a full channel lineup. TVision Home launches
at $90/month (including a $9.99/month discount for T-Mobile
customers … but available to everyone for a limited time) which
includes 150+ channels, local broadcast, regional sports and more.
Plus $10/month per connected TV, including your whole-home DVR for
a limited time. Any premium TV packages – like HBO, Showtime and
others – or on-demand rentals and purchases are extra. Compare that
to the average cable bill of $107.30/month.
Satellite FreedomNearly half (48%) of pay TV customers
are locked into a contract and face paying hundreds in early
termination fees. With Satellite Freedom, T-Mobile is tackling the
#1 reason customers stay shackled to TV providers they don’t like:
early termination fees. The Un-carrier will pay off those fees, up
to $500 via a prepaid card, for any Dish and DirecTV customers who
make the switch, freeing millions locked into long-term contracts
with steep cancellation fees. Goodbye fees, hello freedom.
Cable-Free, Box-Free FutureTVision Home is part of
T-Mobile’s 5G strategy and vision to give consumers real options to
the cable companies, and that starts with the Sprint merger. Today,
almost half of the country’s households (45%), and more than three
quarters of rural households (76%) have no high-speed service (100
Mbps average) or only one option for high-speed broadband3.
But if the merger is approved, by bringing together T-Mobile and
Sprint, the New T-Mobile will have the scale and capacity to create
a supercharged 5G network capable of reaching over half the
country’s households with high-speed broadband by 2024.
And while TVision Home uses your existing wired broadband today,
TVision Home is IPTV designed for a 5G future where wireless
broadband can replace your home internet. That means millions can
finally free themselves from the Cableopoly once and for all.
“TVision Home is about so much more than home TV… it’s TV built
for the 5G era,” said Mike Sievert, COO and President of T-Mobile.
“With New T-Mobile, we’ll bring real choice, competition, better
service, lower prices and faster speeds…right into your living
room. And – speaking of speed -- while the Cableopoly innovates at
the pace of the cable companies, we’ll innovate at the pace of the
internet to give customers more value and more freedom more
quickly.”
TVision Home launches with a cable box today, but core to the
Un-carrier’s TV strategy is that TVision works with the apps and
hardware and services people already use. T-Mobile also unveiled
plans to launch TVision on popular third-party TV platforms in the
future. That means getting TVision will be as simple as downloading
an app and picking from a variety of low-cost home or mobile
subscriptions – no extra box or equipment required.
AvailabilityTVision Home will be available on April 14 in
T-Mobile stores and online in Chicago, Dallas-Fort Worth, Los
Angeles, New York City, Philadelphia, San Francisco, and Washington
DC metro areas, as well as Longmont CO. For more information, visit
www.tvision.com and follow @TVision on
Twitter.
Limited time offers; subject to change. Check to confirm service
and channels in your area. Channels & packages can change. Plus
taxes; taxes approx. 4-20% of bill. Credit/debit card &
connectivity. Select content available in 4K with compatible
TV/device. Third-party subscriptions may be required for some
content. See Terms and Conditions (including arbitration provision)
at TVision.com for additional information. Satellite
Freedom: Qualifying credit & 90+ days with eligible
Satellite TV provider at same address as new TVision service
required. Timely redemption required. Via prepaid MasterCard Card.
You must be active and in good standing with T-Mobile when payment
is processed; allow 10 weeks. Cards issued by Sunrise Banks N.A.,
member FDIC. Terms & conditions apply; card expires.
About T-Mobile US, Inc.As America's Un-carrier, T-Mobile
US, Inc. (NASDAQ: TMUS) is redefining the way consumers and
businesses buy wireless services through leading product and
service innovation. Our advanced nationwide 4G LTE network delivers
outstanding wireless experiences to 79.7 million customers who are
unwilling to compromise on quality and value. Based in Bellevue,
Washington, T-Mobile US provides services through its subsidiaries
and operates its flagship brands, T-Mobile and Metro by T-Mobile.
For more information, please visit http://www.t-mobile.com.
Important Additional InformationIn connection with the
proposed transaction, T-Mobile US, Inc. (“T-Mobile”) has filed a
registration statement on Form S-4 (File No. 333-226435), which was
declared effective by the U.S. Securities and Exchange Commission
(the “SEC”) on October 29, 2018, and which contains a joint consent
solicitation statement of T-Mobile and Sprint Corporation
(“Sprint”), that also constitutes a prospectus of T-Mobile (the
“joint consent solicitation statement/prospectus”), and each party
will file other documents regarding the proposed transaction with
the SEC. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE JOINT
CONSENT SOLICITATION STATEMENT/PROSPECTUS AND OTHER RELEVANT
DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE
THEY WILL CONTAIN IMPORTANT INFORMATION. The documents filed by
T-Mobile may be obtained free of charge at T-Mobile’s website,
at www.t-mobile.com, or at the SEC’s website,
at www.sec.gov, or from T-Mobile by requesting them by mail at
T-Mobile US, Inc., Investor Relations, 1 Park Avenue, 14th Floor,
New York, NY 10016, or by telephone at 212-358-3210. The documents
filed by Sprint may be obtained free of charge at Sprint’s website,
at www.sprint.com, or at the SEC’s website,
at www.sec.gov, or from Sprint by requesting them by mail at
Sprint Corporation, Shareholder Relations, 6200 Sprint Parkway,
Mailstop KSOPHF0302-3B679, Overland Park, Kansas 66251, or by
telephone at 913-794-1091.
No Offer or SolicitationThis communication shall not
constitute an offer to sell or the solicitation of an offer to buy
any securities, nor shall there be any sale of securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. No offering of securities
shall be made except by means of a prospectus meeting the
requirements of Section 10 of the U.S. Securities Act of 1933, as
amended.
Cautionary Statement Regarding Forward-Looking
StatementsThis communication contains certain forward-looking
statements concerning T-Mobile, Sprint and the proposed transaction
between T-Mobile and Sprint. All statements other than statements
of fact, including information concerning future results, are
forward-looking statements. These forward-looking statements are
generally identified by the words “anticipate,” “believe,”
“estimate,” “expect,” “intend,” “may,” “could” or similar
expressions. Such forward-looking statements include, but are not
limited to, statements about the benefits of the proposed
transaction, including anticipated future financial and operating
results, synergies, accretion and growth rates, T-Mobile’s,
Sprint’s and the combined company’s plans, objectives, expectations
and intentions, and the expected timing of completion of the
proposed transaction. There are several factors which could cause
actual plans and results to differ materially from those expressed
or implied in forward-looking statements. Such factors include, but
are not limited to, the failure to obtain, or delays in obtaining,
required regulatory approvals, and the risk that such approvals may
result in the imposition of conditions that could adversely affect
the combined company or the expected benefits of the proposed
transaction, or the failure to satisfy any of the other conditions
to the proposed transaction on a timely basis or at all; the
occurrence of events that may give rise to a right of one or both
of the parties to terminate the business combination agreement;
adverse effects on the market price of T-Mobile’s or Sprint’s
common stock and on T-Mobile’s or Sprint’s operating results
because of a failure to complete the proposed transaction in the
anticipated timeframe or at all; inability to obtain the financing
contemplated to be obtained in connection with the proposed
transaction on the expected terms or timing or at all; the ability
of T-Mobile, Sprint and the combined company to make payments on
debt or to repay existing or future indebtedness when due or to
comply with the covenants contained therein; adverse changes in the
ratings of T-Mobile’s or Sprint’s debt securities or adverse
conditions in the credit markets; negative effects of the
announcement, pendency or consummation of the transaction on the
market price of T-Mobile’s or Sprint’s common stock and on
T-Mobile’s or Sprint’s operating results, including as a result of
changes in key customer, supplier, employee or other business
relationships; significant transaction costs, including financing
costs, and unknown liabilities; failure to realize the expected
benefits and synergies of the proposed transaction in the expected
timeframes or at all; costs or difficulties related to the
integration of Sprint’s network and operations into T-Mobile; the
risk of litigation or regulatory actions; the inability of
T-Mobile, Sprint or the combined company to retain and hire key
personnel; the risk that certain contractual restrictions contained
in the business combination agreement during the pendency of the
proposed transaction could adversely affect T-Mobile’s or Sprint’s
ability to pursue business opportunities or strategic transactions;
effects of changes in the regulatory environment in which T-Mobile
and Sprint operate; changes in global, political, economic,
business, competitive and market conditions; changes in tax and
other laws and regulations; and other risks and uncertainties
detailed in the Form S-4, as well as in T-Mobile’s Annual Report on
Form 10-K for the fiscal year ended December 31, 2018 and in its
subsequent reports on Form 10-Q, including in the sections thereof
captioned “Risk Factors” and “Cautionary Statement Regarding
Forward-Looking Statements,” as well as in its subsequent reports
on Form 8-K, all of which are filed with the SEC and available
at www.sec.gov and www.t-mobile.com. Forward-looking
statements are based on current expectations and assumptions, which
are subject to risks and uncertainties that may cause actual
results to differ materially from those expressed in or implied by
such forward-looking statements. Given these risks and
uncertainties, persons reading this communication are cautioned not
to place undue reliance on such forward-looking statements.
T-Mobile assumes no obligation to update or revise the information
contained in this communication (whether as a result of new
information, future events or otherwise), except as required by
applicable law.
1 U.S. Senate Permanent Subcommittee on Investigations, 20162
DirecTV.com, 20183 FCC Internet Access Report, November 2018
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Media ContactsT-Mobile US Media
RelationsMediaRelations@t-mobile.com
Investor
Relations212-358-3210investor.relations@t-mobile.com
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