April 25 (Reuters) - T-Mobile US Inc ( TMUS ):
* T-MOBILE AND EQT ANNOUNCE JOINT VENTURE TO ACQUIRE LUMOS
AND
BUILD OUT THE UN-CARRIER'S FIRST FIBER FOOTPRINT
* T-MOBILE US INC ( TMUS ): T-MOBILE IS EXPECTED TO INVEST
APPROXIMATELY
$950 MILLION IN JV TO ACQUIRE A 50% EQUITY STAKE AND ALL
EXISTING FIBER CUSTOMERS
* T-MOBILE US INC ( TMUS ) - COMBINED INVESTMENTS ARE EXPECTED TO
ALLOW
LUMOS TO REACH 3.5 MILLION HOMES PASSED BY END OF 2028
* T-MOBILE US INC ( TMUS ) - T-MOBILE CONTINUES TO EXPECT TO COMPLETE
ITS
REMAINING AUTHORIZATION FOR SHARE REPURCHASES AND DIVIDENDS IN
2024
* T-MOBILE US INC ( TMUS ): EQT INFRASTRUCTURE VI EXPECTED TO BE
35-40%
PERCENT INVESTED BASED ON TARGET FUND SIZE AND SUBJECT TO
CUSTOMARY REGULATORY APPROVALS
* T-MOBILE: AFTER TRANSACTION CLOSES, LUMOS WILL TRANSITION
TO A
WHOLESALE MODEL WITH T-MOBILE AS ANCHOR TENANT
* T-MOBILE US INC ( TMUS ) - NEXT CAPITAL CONTRIBUTION BY T-MOBILE
OUT OF
ADDITIONAL COMMITMENT OF ABOUT $500 MILLION IS ANTICIPATED
BETWEEN 2027 AND 2028
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