T-Mobile Launches Venture Capital Fund to Support 5G Innovation

T-Mobile Ventures

T-Mobile (NASDAQ: TMUS) has launched T-Mobile Ventures, a new multi-year investment fund focused on early and emerging growth companies developing 5G products and services for the T-Mobile network.

T-Mobile Ventures’ portfolio companies will benefit from T-Mobile’s network and engineering expertise, go-to-market infrastructure, and investment backing as they work to develop, test and bring to market the next big thing in 5G.

The fund will initially target the development of 5G products and services in areas such as the following:

  • Edge Compute – helping businesses, consumers and developers achieve faster application response times in distributed cloud and networking environments
  • Security – protecting customers’ networks, devices and applications from security and privacy threats
  • Future of Work – powering a more modern, distributed workforce through advanced communication and collaboration
  • Industrial IoT – connecting people and things at scale with rapid data collection and processing via connected devices and sensors

T-Mobile Ventures works with corporate venture capital firm Touchdown Ventures to help manage the fund.

FinSMEs

21/10/2020

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