T-Mobile US Secures Strategic MVNO Deal with Charter and Comcast Ahead of Q2 Earnings

T-Mobile US shares edged 0.54% lower to $231.98 midday Wednesday as markets awaited quarterly results. The stock has gained 5% over the past month, buoyed by a new multi-year Mobile VIRTUAL Network Operator agreement with cable giants Charter and Comcast.

The exclusive partnership positions T-Mobile as the underlying 5G infrastructure provider for business mobile services under Spectrum Mobile for Business and Comcast Business Mobile brands starting in 2026. This convergence of wireline and wireless capabilities creates a comprehensive service offering for enterprise clients.

With a five-year return of 127.66% that nearly doubles the S&P 500's performance, T-Mobile continues outpacing broader market indices. Analysts see further upside, maintaining an average price target of $266.08 - suggesting 14% potential appreciation from current levels.