T-Mobile US

Business Context

• T-Mobile expects nearly $3 billion incremental Core Adjusted EBITDA contribution from digitalization and AI by end of 2027 relative to 2025.
• Completed $2 billion multi-year network expansion across Florida in July 2025, part of ongoing 5G Advanced infrastructure buildout.
• Targeting 12 million 5G broadband customers by 2028, up from prior 7-8 million target by 2025; expects 12-15 million fiber households passed by 2030.
• Launched AI-RAN Innovation Center in Bellevue in September 2024 with NVIDIA, Ericsson, and Nokia to integrate AI compute at network edge.

Commitments

• Joined RE100 in 2018; achieved 100% renewable electricity by end of 2021 and maintained through December 2024.
• First U.S. wireless carrier with SBTi-validated net-zero target for all three scopes; net-zero by 2040 from 2020 baseline.
• 55% absolute Scope 1, 2, and 3 GHG emissions reduction by 2030 from 2020 baseline.

Energy Strategy

A mature wind-only VPPA portfolio built 2017-2020 to support the 100% renewable electricity goal achieved in 2021, with no tracked deals since.

• 2020 Otter Creek Wind Farm VPPA with Avangrid Renewables, 158 MW in Illinois, generated 435,890 MWh in 2023.
• 2018 Solomon Forks Wind Farm VPPA with ENGIE, 160 MW in Kansas, generated 721,615 MWh in 2023—the portfolio's highest-producing asset.
• All three tracked deals are onshore wind in the central U.S. (Illinois, Kansas, Oklahoma), totaling 478 MW.
• Nine large wind and solar projects contracted for approximately 3.4 million MWh annually, suggesting additional untracked solar VPPAs complement the wind base.