T-Mobile Expands Netcracker Cloud Partnership, Plans $2B Senior Note Sale
T-Mobile US expanded its partnership with Netcracker to migrate its BSS/OSS platform to the cloud, shortening wholesale service launch cycles from months to weeks and enhancing security protections. Its subsidiary filed to sell $1.15B of 5.00% senior notes due 2036 and $850M of 5.85% notes due 2056.
1. Expansion of Netcracker Partnership
T-Mobile US has broadened its collaboration with Netcracker Technology to migrate Netcracker’s digital BSS/OSS platform onto T-Mobile’s cloud infrastructure. This builds on several years of joint work under the T-Mobile Wholesale arm, aiming to deliver a fully cloud-native foundation that supports dynamic product launches and rapid adaptation in a competitive telecom landscape. By leveraging T-Mobile’s proven execution capabilities, the partnership intends to enable wholesale clients to develop and monetize new offerings with greater agility and security.
2. Enhanced Speed, Scalability and Security
Under the new agreement, wholesale customers can expect service launch cycles to shrink from multiple months down to a matter of weeks. Netcracker’s cloud solutions will streamline onboarding workflows, simplify system operations and embed end-to-end privacy protections across digital interactions. T-Mobile projects that the updated platform will boost infrastructure scalability by up to 40% during peak usage periods and reduce operational friction, positioning partners to capitalize on emerging revenue streams more quickly.
3. Senior Notes Offering for Debt Refinancing
In a parallel financing move, T-Mobile’s wholly owned subsidiary has filed to issue $1.15 billion of 5.000% senior notes due 2036 and $850 million of 5.850% senior notes due 2056. The net proceeds will be allocated primarily to refinance existing debt and support general corporate purposes. The company has scheduled its Q4 and full-year 2025 earnings release for February 11, 2026, during which management will discuss the impact of this refinancing on the balance sheet and interest expense profiles.