T-Mobile US (TMUS) stock surged 5.44% in pre-market trading on Wednesday as the company announced tying up with Apple and SpaceX to support the Starlink satellite network on iPhones and issued robust subscriber growth guidance for 2025.
According to reports, Apple has been secretly working with SpaceX and T-Mobile to add support for the Starlink network in its latest iPhone software update. This will provide an alternative to Apple's existing satellite communication service and allow T-Mobile iPhone users to send texts via satellite when out of cellular range.
Additionally, T-Mobile reported better-than-expected fourth-quarter earnings and forecast annual wireless subscriber growth above Wall Street estimates. The company expects postpaid net customer additions to be between 5.5 million and 6 million in 2025, significantly higher than analysts' expectations, driven by strong demand for its premium 5G plans with streaming bundles.
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