T-Mobile Major Shareholder Sells 100 Billion Won Stake… Legal Officer Also Sells Shares

Raul Marcelo Claure, the largest shareholder of U.S. carrier T-Mobile US, Inc. (TMUS), sold 550,000 shares of the company’s common stock on the open market on February 12, disposing of approximately $119.7 million (about KRW 170 billion).

After the transaction, Claure still holds roughly 890,000 shares indirectly, representing about $193.9 million (approximately KRW 270 billion) at the sale price.

On February 15, Nelson Mark Wulf, T-Mobile’s Chief Legal Officer and General Counsel, received restricted stock units (RSUs) and performance-based RSUs. Following the required withholding of shares for tax purposes, he sold common stock worth about $3.7 million (around KRW 5 billion) over two days—February 17 and 18—under a 10b5-1 trading plan established in 2025. As a result, his direct holdings declined to approximately 68,000 shares.

At its February 11 fourth-quarter 2025 earnings release and capital markets day, T-Mobile reported service revenue of $18.7 billion—a 10% year-over-year increase—equivalent to roughly KRW 26 trillion. The company also unveiled a medium- to long-term growth target of expanding its combined 5G and fiber-broadband subscriber base to 18–19 million by 2030.

During the same presentation, T-Mobile raised its multi-year outlook, announcing plans to boost core adjusted EBITDA by an additional $3 billion by 2027 versus 2025 through digital transformation and AI adoption—an upward revision from the projections made at its 2024 capital markets day.

T-Mobile is one of the three major U.S. wireless carriers, competing with AT&T and Verizon through aggressive 5G network investments and its signature “Un-carrier” strategy. It has recently broadened its footprint in the fixed-line broadband market with fixed 5G internet and fiber services.