T-Mobile (TMUS) Secures Long-Term Contract With U.S. Navy
TMUST-Mobile(TMUS) ZACKS·2024-06-15 00:05

T-Mobile, Inc. (TMUS) recently announced that it has entered into a long-term agreement with the U.S. Department of the Navy as part of the Spiral 4 contract which is valued at $2.67 billion. The agreement will remain in effect for 10 years. In response to the evolution in industry standards and technological innovation, the U.S. Navy decided to replace the previous Spiral 3 contract. Per the deal, agencies under the Department of Defense will gain access to T-Mobile wireless services and equipment for vari ...