One-Two Punch for T-Mobile: Secures DoD Contract & Uber Deal

This agreement enables all Department of Defense agencies to procure wireless services and equipment from T-Mobile.

The Department of Defense will have the opportunity to leverage T-Mobile’s 5G network for state-of-the-art wireless solutions that meet the evolving needs of government operations. 

The contract aims to provide reliable connectivity for government activities, ranging from mission-critical communications to network solutions for military personnel and federal civilian agencies.

Read: T-Mobile’s USCellular Acquisition Is Key to 5G Leadership and Market Expansion, Analyst Says

David Bezzant, Vice President of Sales, T-Mobile for Government, said, “The Spiral 4 contract award is a testament to T-Mobile’s leading 5G network and to our focus on building solutions that meet the critical needs of our government customers.”

“With a cutting-edge product portfolio, a proven track record and a clear vision for the future, we’re ready to take government innovation to the next level. It’s an honor to serve those who serve this Nation.”

The multiple-award contract includes voice, data, fixed wireless solutions, Internet of Things, and mobility management solutions.

Through this partnership, Uber will utilize a portion of T-Mobile’s rideshare inventory to expand its JourneyTV offering to over 50,000 vehicles across the U.S. this year.

Also Read: T-Mobile’s Game-Changing $4.4 Billion Deal With U.S. Cellular Sets New Record Highs

Investors can gain exposure to the stock via Invesco BuyBack Achievers ETF (NASDAQ:PKW) and The Communication Services Select Sector SPDR Fund (NYSE:XLC).

Price Action: TMUS shares are up 0.52% at $174.70 at the last check Thursday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo by Mike Mozart via Flickr

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