T-Mobile plans to provide fiber to 12 million (up to 15 million homes) in the United States by 2030. Its unique fiber strategy involves partnering with current fiber companies rather than building its own. “We’re on track for that,” confirmed John Freier, president of T-Mobile’s consumer group, at Deutsche Bank’s annual Internet and Telecom Conference Call.
To grow its fiber reach, T-Mobile is partnering with open access fiber companies like Tillman FiberCo, SiFi Networks, and Intrepid Networks. In April 2024, it acquired Lumos Networks, a fiber service provider to around 320,000 homes and businesses across North Carolina, Virginia, and South Carolina. According to T-Mobile’s newsroom, this new investment sets up the plan for fiber to reach 3.5 million homes by the end of 2028.
Though it remains tight-lipped about where it plans to expand fiber next, its website shares that it’s planning to build out more fiber in California, Florida, and Minnesota.
T-Mobile acknowledges that its fiber rollout is crucial in the growth of its 5G services. In part, this is due to T-Mobile’s limited capacity to deliver 5G home internet, which has resulted in a waitlist of about one million customers. By providing fiber, it hopes existing 5G subscribers upgrade, reducing the pressure on its 5G waitlist. T-Mobile's 5G network is currently available to 50 million people across the United States and two million square miles more than AT&T and Verizon combined in overall 5G service.
With two big acquisitions of private equity companies under its belt, some industry experts speculate about T-Mobile’s new potential future partners:
- Quantum Fiber: Fiber provider in Seattle and Bellevue, Washington.
- Ziply: Fiber provider in the Pacific Northwest, owned by WaveDivision Capital.
- Zayo: EQT-owned fiber provider.
- Astound: Cable provider in California, Washington, Texas, and Chicago.