T-Mobile Subsidiary to Issue $1.15B 5% 2036 and $850M 5.85% 2056 Notes

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A wholly owned T-Mobile USA subsidiary will sell $1.15 billion of 5.000% senior notes due 2036 and $850 million of 5.850% senior notes due 2056 in a registered public offering. Net proceeds will be used to refinance existing debt or for general corporate purposes.

1. Expanded Partnership With Netcracker

T-Mobile US has deepened its collaboration with Netcracker Technology by agreeing to migrate Netcracker’s digital BSS/OSS platform onto T-Mobile’s cloud infrastructure. This extension builds on a multi-year relationship between T-Mobile Wholesale and Netcracker, targeting faster deployment of new services and enhanced operational agility for wholesale customers.

2. Cloud Migration Delivers Speed and Scalability

By adopting a cloud-native architecture, T-Mobile expects to reduce service launch cycles from several months to just a few weeks. The platform will offer on-demand scalability to handle peak usage, streamline partner onboarding through automated workflows, and embed advanced security controls at every stage of the customer journey.

3. $2 Billion Senior Notes Offering

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. Net proceeds are earmarked primarily for refinancing higher-cost debt and supporting general corporate purposes, which could lower interest expense and extend the company’s debt maturity profile.

4. Investor Impact and Upcoming Results

Investors will be watching how the cloud transition accelerates T-Mobile’s wholesale revenue growth and margin expansion over the coming quarters. The company is scheduled to report fourth-quarter and full-year 2025 financial results on February 11, 2026, providing a first opportunity to quantify the benefits of the expanded Netcracker partnership and the impact of the recent debt refinancing.

Sources

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