T-Mobile US Inc., which has emerged as the surprise leader in the new wireless technology known as 5G, is close to unveiling a broadband service for homes that may let a swath of U.S. consumers cut another cord — the landline tying their internet service to a traditional phone or cable company.
The wireless provider, the second-largest following its acquisition of Sprint Corp. a year ago, expects to sign up 7 million to 8 million homes with 5G broadband over five years. Thanks to that $26.5 billion acquisition, T-Mobile has a year lead in 5G over rivals Verizon Communications Inc., the industry’s biggest company, and No. 3 AT&T Inc.
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