T-Mobile US, Inc. ( TMUS ) disclosed that the U.S. Department of the Navy has chosen it as a wireless solutions provider under the $2.67 billion Spiral 4 contract for the next ten years.

This agreement enables all Department of Defense agencies to procure wireless services and equipment from T-Mobile.

The Department of Defense will have the opportunity to leverage T-Mobile’s 5G network for state-of-the-art wireless solutions that meet the evolving needs of government operations. 

The contract aims to provide reliable connectivity for government activities, ranging from mission-critical communications to network solutions for military personnel and federal civilian agencies.

Read: T-Mobile’s USCellular Acquisition Is Key to 5G Leadership and Market Expansion, Analyst Says

David Bezzant, Vice President of Sales, T-Mobile for Government, said, “The Spiral 4 contract award is a testament to T-Mobile’s leading 5G network and to our focus on building solutions that meet the critical needs of our government customers.”

“With a cutting-edge product portfolio, a proven track record and a clear vision for the future, we’re ready to take government innovation to the next level. It’s an honor to serve those who serve this Nation.”

The multiple-award contract includes voice, data, fixed wireless solutions, Internet of Things, and mobility management solutions.

In addition, Uber Technologies, Inc. ( UBER )‘s advertising division disclosed an exclusive partnership with T-Mobile Advertising Solutions and Octopus Interactive, which features the national network of interactive video screens inside rideshare vehicles.

Through this partnership, Uber ( UBER ) will utilize a portion of T-Mobile’s rideshare inventory to expand its JourneyTV offering to over 50,000 vehicles across the U.S. this year.

Also Read: T-Mobile’s Game-Changing $4.4 Billion Deal With U.S. Cellular Sets New Record Highs

Investors can gain exposure to the stock via Invesco BuyBack Achievers ETF ( PKW ) and The Communication Services Select Sector SPDR Fund ( XLC ) .

Price Action: TMUS shares are up 0.52% at $174.70 at the last check Thursday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.