T-Mobile Collaborates With Apple In Its Bid To Extend Consumer Benefits

  • T-Mobile US, Inc TMUS collaborated with Apple Inc AAPL to offer a mobile phone plan.
  • The plan included subsidized iPhones and a suite of paid services from Apple targeting small-business owners.
  • The deal will help Apple distribute Business Essentials for businesses with minimal IT departments. 
  • The Apple service ranges between $2.99 and $12.99 per month per employee, enables businesses to install and update apps, and provides cloud storage to employees.
  • T-Mobile aims to cover the cost of an iPhone 13 for each business's employees and will bundle Business Essentials together with T-Mobile's wireless service.
  • The plan also includes Wi-Fi coverage on flights from American Airlines Group, Inc AALDelta Air Lines, Inc DAL, and Alaska Air Group, Inc ALK, with United Airlines Holdings, Inc UAL.
  • T-Mobile recently collaborated to offer a new travel service for its users marking its expansion of consumer benefits.
  • Morgan Stanley saw Apple's shift to a subscription-like model, making way for a market cap of over $3 trillion.
  • Price Action: TMUS shares traded lower by 2.20% at $134.43 on the last check Thursday.
  • Photo via Wikimedia Commons
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