T-Mobile Expands Netcracker Cloud Partnership and Issues $2 Billion in Senior Notes

TMUSTMUS

T-Mobile US expanded its partnership with Netcracker Technology to migrate its digital BSS/OSS platform to a cloud infrastructure, shortening wholesale service launch cycles from months to weeks and boosting scalability and security. The company issued a $2 billion senior note offering—$1.15 billion 5.00% due 2036 and $850 million 5.85% due 2056—to refinance debt.

1. Expanded Cloud-Native Platform Partnership

T-Mobile US has deepened its collaboration with Netcracker Technology, transitioning Netcracker’s digital BSS/OSS suite onto a cloud-native architecture. This initiative leverages T-Mobile’s infrastructure to enhance platform speed, scalability and operational flexibility. By adopting containerization and microservices, the new platform is engineered to reduce wholesale service launch cycles from an average of 16 weeks to under four weeks. It also embeds end-to-end security controls, including zero-trust identity verification and automated vulnerability scanning, to support compliance requirements and protect customer data across all touchpoints.

2. Wholesale Ecosystem Revenue Opportunities

The upgraded digital foundation is designed to empower T-Mobile’s wholesale partners to introduce, adapt and monetize new offerings more rapidly. Early trials with three major wholesale customers demonstrated a 25% reduction in onboarding time and a 30% improvement in system uptime. With prebuilt APIs for billing, order management and network analytics, partners can now deploy tailored 5G and IoT solutions in weeks rather than months. Management forecasts that this streamlined model could generate an incremental $150 million in annual service revenues by the end of 2027.

3. $2 Billion Senior Notes Offering for Debt Refinancing

Last week T-Mobile’s subsidiary 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 to refinance higher-cost debt, extending average debt maturity by approximately five years and reducing annual interest expense by an estimated $80 million. The transaction is expected to close in late February, subject to market conditions, and aims to preserve T-Mobile’s investment-grade credit profile while funding ongoing network and platform investments.

Sources

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