Board Member Sells T-Mobile Shares, Major Shareholder Retains 53% Stake

T-Mobile US, Inc. (NYSE: TMUS) disclosed that board member Srikant M. Datar sold roughly 4,000 shares of the company’s common stock in open-market transactions on March 4 and March 10, raising approximately $940,000 (≈KRW 1.2 billion). Even after these trades, he continues to hold tens of thousands of shares directly and indirectly through various LLCs. Meanwhile, majority shareholder Deutsche Telekom AG maintained its stake of about 590 million common shares (53.7%) and reported that it has restructured the derivatives, voting proxies, call options, and preemptive rights associated with the 10 million shares held by Signal Bright, a SoftBank affiliate.

At its February 11 fourth-quarter 2026 earnings release and Capital Markets Day update, T-Mobile US set targets of 18–19 million broadband customers by 2030, service revenues of approximately $77 billion (≈KRW 100 trillion) in 2026, and $80.5–81.5 billion (≈KRW 105 trillion) in 2027. It also reconfirmed a total capital allocation plan of $80 billion through 2027, established a 2026 shareholder-return capacity of up to $14.6 billion (≈KRW 19 trillion), and announced that first-quarter share repurchases could expand to as much as $5 billion (≈KRW 6.5 trillion). (Source)

Headquartered in Bellevue, Washington, T-Mobile US is the second-largest wireless carrier in the United States. Following its 2020 merger with Sprint, it serves approximately 140 million wireless subscribers nationwide as of year-end 2025. Srikant M. Datar is Dean of Harvard Business School and a board member of T-Mobile US, providing governance oversight and strategic counsel for the Deutsche Telekom-affiliated telecommunications group spanning the U.S. and Germany.