T-Mobile (TMUS) Shares Rise on Starlink Satellite Service Testing Announcement

Feb 10, 2025

T-Mobile (TMUS, Financial) saw its stock rise over 4% in pre-market trading, reaching $256.15. This increase follows the company's announcement of initiating large-scale testing of Starlink's direct-to-mobile satellite service. The collaboration between T-Mobile and Starlink aims to enhance mobile connectivity by leveraging satellite technology to provide broader coverage, especially in remote areas.

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