Marking its second data breach in two years, T-Mobile US on Thursday said hackers stole the personal data of about 37 million customers in late 2022. TMUS stock edged down a fraction on the development.
The wireless phone company said it discovered the problem on Jan. 5. According to T-Mobile, the hackers had access to its data since Nov. 25 through early January.
T-Mobile said hackers accessed data, including birth dates and billing addresses but did not obtain financial records such as credit card or Social Security numbers.
In 2021, T-Mobile reported a data breach that it initially said involved 50 million subscribers. The company later increased the number of subscribers impacted to 76.6 million.
On the stock market today, TMUS stock fell a small fraction to close at 145.12. Amid the bear market in 2022, T-Mobile stock gained nearly 21%.
TMUS Stock: Earnings Due Feb. 1
Fourth-quarter earnings for T-Mobile stock are due Feb. 1. T-Mobile in early January pre-announced mixed operational results.
The wireless phone company said it added 927,000 postpaid phone subscribers, in line with estimates. Prepaid subscribers additions came in at 25,000, well below estimates of 80,000. T-Mobile added 524,000 home broadband subscribers, most using its 5G network. That missed estimates of 555,000 home broadband subscribers.
Also, T-Mobile stock owns a IBD Relative Strength Rating of 86 out of a best-possible 99, according to IBD Stock Checkup. In addition, T-Mobile stock holds a 154.48 buy point on a weekly chart.
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