Check out BullDigest's April 13 Pre-Market Summary of T-Mobile US, Inc.. We provide a summary of the key news before the market opens.
T-Mobile is issuing compensation due to a data breach, which indicates negative influence on their reputation and finances.
US Cellular is laying off 4,100 workers due to the sale of wireless operation to T-Mobile, indicating negative impact on employment and business operations.
SpaceX has requested an FCC waiver with T-Mobile, which doesn't directly indicate positive or negative influence but shows collaboration in regulatory processes.
# T-Mobile Data Breach Settlement (2021)
- **T-Mobile is compensating customers** affected by the 2021 data breach, separate from the 2023 incident.
- Eligible individuals may receive up to $25,000 for documented financial losses; others may receive up to $25 (up to $100 for California residents).
- The total settlement is **$350 million**, divided among approximately 76 million people.
- Excluded from the settlement: T-Mobile officers, judicial staff, those who opted out, or filed arbitration demands.
- The 2021 breach exposed sensitive data, including names, addresses, Social Security numbers, and ID details.
## US Cellular Layoffs
- **US Cellular is laying off 4,100 workers** due to the sale of its wireless operation to T-Mobile.
## T-Mobile & SpaceX FCC Waiver Request
- T-Mobile and SpaceX have requested an **FCC waiver** to allow devices already approved for terrestrial operations to access satellite features.