Telecommunications Equipment

AT&T Inc. vs T-Mobile US Inc.

WatchlistT / TMUSPrices through Oct 22, 2026

Why these are rivals: #2 and #3 by market value ($167B vs $159B) in Nasdaq's "Telecommunications Equipment" industry; SEC SIC 4812 / 4813 (same major group).

Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.

  • Mean reversion: ADF t-statistic of the spread: -2.14 (needs <= -2.873 (5% critical value))
Business leadership

T is the larger business

Annual revenue reported to the SEC. Scale, not market share.

YearTTMUSLarger
2025$125.6B$88.3BT
2024$122.3B$81.4BT
2023$122.4B$78.6BT
2022$120.7B$79.6BT
2021$134.0B$80.1BT
2020$143.1B$68.4BT

T led in every year with figures for both. Market value: T $159.0B, TMUS $167.4B.

Stock leadership

T is ahead now

Measured against the pair's own last 252 trading days.

T leads TMUS by 1.25 standard deviations: +9.8% over its usual price ratio. 2 lead switches in the last year.

Price change3 mo6 mo12 mo
T-5.8%-14.5%-12.7%
TMUS-11.8%-18.2%-30.7%
Relationship

Not a measured twin today

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 2521 (needs >= 254)
Pass
Co-movement: daily return correlation, 252 sessions: 0.67 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -2.14 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 25.32 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

T AT&T Inc. TMUS T-Mobile US Inc.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
80100120Oct 2024Oct 2025Oct 2026T 104TMUS 71
Spread z-score: T relative to TMUS, against the 252 sessions before each day. Above 0: T ahead; below 0: TMUS ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateT indexTMUS indexzAhead
2026-10-22104.0771.14+1.25T ahead
2026-10-21100.2768.88+1.19T ahead
2026-10-20107.1970.67+1.75T ahead
2026-10-19106.1869.93+1.78T ahead
2026-10-16107.2871.28+1.68T ahead
2026-10-15107.5570.35+1.90T ahead
2026-10-14105.4970.69+1.59T ahead
2026-10-13104.5868.87+1.84T ahead
2026-10-12102.9368.04+1.81T ahead
2026-10-09101.5166.57+1.93T ahead
2026-10-08113.8276.75+1.57T ahead
2026-10-07111.9975.11+1.66T ahead
2026-10-06111.8174.34+1.79T ahead
2026-10-05110.9473.76+1.81T ahead
2026-10-02111.2173.31+1.95T ahead
2026-10-01111.2172.46+2.13T ahead
2026-09-30111.6773.06+2.10T ahead
2026-09-29112.0473.02+2.18T ahead
2026-09-28113.9674.57+2.15T ahead
2026-09-25116.1674.11+2.55T ahead
2026-09-24116.4874.08+2.64T ahead
2026-09-23115.7974.22+2.57T ahead
2026-09-22114.8772.76+2.79T ahead
2026-09-21116.4874.04+2.80T ahead
2026-09-18116.2575.35+2.55T ahead
2026-09-17116.2074.57+2.75T ahead
2026-09-16118.3578.97+2.19T ahead
2026-09-15122.2980.85+2.36T ahead
2026-09-14121.3381.94+2.06T ahead
2026-09-11119.2781.69+1.86T ahead
2026-09-10116.9379.37+2.03T ahead
2026-09-09115.1079.45+1.78T ahead
2026-09-08117.1681.40+1.69T ahead
2026-09-04117.5381.32+1.78T ahead
2026-09-03119.8684.23+1.54T ahead
2026-09-02118.7683.91+1.46T ahead
2026-09-01118.9981.61+1.96T ahead
2026-08-31118.4980.84+2.07T ahead
2026-08-28119.0481.26+2.08T ahead
2026-08-27116.3879.63+2.06T ahead
2026-08-26118.4080.47+2.20T ahead
2026-08-25117.9481.36+1.97T ahead
2026-08-24117.5781.82+1.85T ahead
2026-08-21115.7482.00+1.57T ahead
2026-08-20115.1081.19+1.65T ahead
2026-08-19114.9781.70+1.54T ahead
2026-08-18113.9681.87+1.37T ahead
2026-08-17112.9580.70+1.47T ahead
2026-08-14113.9181.81+1.40T ahead
2026-08-13112.4982.16+1.13T ahead
2026-08-12110.9879.36+1.49T ahead
2026-08-11112.1380.01+1.54T ahead
2026-08-10110.0779.84+1.28T ahead
2026-08-07108.8879.38+1.20T ahead
2026-08-06108.5180.63+0.90T ahead
2026-08-05105.5477.71+1.06T ahead
2026-08-04107.0079.39+0.94T ahead
2026-08-03107.9679.34+1.11T ahead
2026-07-31106.4177.38+1.29T ahead
2026-07-30106.2277.66+1.21T ahead
2026-07-29109.5781.32+0.97T ahead
2026-07-28112.8681.71+1.39T ahead
2026-07-27111.7679.39+1.71T ahead
2026-07-24110.4380.68+1.26T ahead
2026-07-23105.0876.35+1.37T ahead
2026-07-22105.4585.54-0.42near the usual relationship
2026-07-21101.8885.47-0.97TMUS ahead
2026-07-20100.4687.65-1.62TMUS ahead
2026-07-1799.8286.21-1.46TMUS ahead
2026-07-16100.5986.40-1.37TMUS ahead
2026-07-1598.0884.06-1.34TMUS ahead
2026-07-1497.3983.84-1.42TMUS ahead
2026-07-1398.6384.41-1.34TMUS ahead
2026-07-1096.7084.05-1.60TMUS ahead
2026-07-0996.2981.30-1.13TMUS ahead
2026-07-0896.6680.70-0.94TMUS ahead
2026-07-0796.5282.76-1.39TMUS ahead
2026-07-0694.1981.44-1.54TMUS ahead
2026-07-0294.1979.53-1.15TMUS ahead
2026-07-0193.7377.53-0.80TMUS ahead
2026-06-3094.7475.14-0.09near the usual relationship
2026-06-2999.8677.94+0.18near the usual relationship
2026-06-26103.9881.84+0.04near the usual relationship
2026-06-25102.6181.34-0.08near the usual relationship
2026-06-24102.3881.00-0.05near the usual relationship
2026-06-23104.3982.69-0.07near the usual relationship
2026-06-22101.1480.67-0.18near the usual relationship
2026-06-18100.7381.39-0.41near the usual relationship
2026-06-17102.7081.23-0.05near the usual relationship
2026-06-16106.0082.59+0.21near the usual relationship
2026-06-15106.5984.61-0.11near the usual relationship
2026-06-12107.9284.72+0.08near the usual relationship
2026-06-11105.2683.25-0.04near the usual relationship
2026-06-10106.2283.13+0.14near the usual relationship
2026-06-09103.9480.40+0.34near the usual relationship
2026-06-08102.9779.94+0.29near the usual relationship
2026-06-05104.1279.79+0.51T ahead
2026-06-04104.2179.31+0.63T ahead
2026-06-03107.7881.29+0.78T ahead
2026-06-02112.7784.60+0.88T ahead
2026-06-01112.3683.66+1.01T ahead
2026-05-29113.5084.02+1.12T ahead
2026-05-28113.8784.68+1.05T ahead
2026-05-27113.9185.48+0.91T ahead
2026-05-26114.5185.62+0.97T ahead
2026-05-22115.6185.78+1.11T ahead
2026-05-21115.9785.52+1.22T ahead
2026-05-20114.1085.19+1.02T ahead
2026-05-19114.3286.65+0.78T ahead
2026-05-18111.8185.41+0.66T ahead
2026-05-15109.9882.98+0.87T ahead
2026-05-14112.8184.31+1.03T ahead
2026-05-13113.2385.25+0.92T ahead
2026-05-12115.4786.60+0.99T ahead
2026-05-11113.8285.50+0.97T ahead
2026-05-08115.1586.75+0.93T ahead
2026-05-07115.6187.00+0.96T ahead
2026-05-06117.0386.54+1.25T ahead
2026-05-05118.5487.05+1.37T ahead
2026-05-04119.4587.10+1.49T ahead
2026-05-01119.5487.84+1.38T ahead
2026-04-30119.5987.59+1.44T ahead
2026-04-29117.8588.78+1.00T ahead
2026-04-28119.2783.65+2.17T ahead
2026-04-27116.8081.87+2.19T ahead
2026-04-24119.9185.03+2.02T ahead
2026-04-23121.7886.95+1.92T ahead
2026-04-22118.9084.64+1.97T ahead
2026-04-21118.4487.54+1.38T ahead
2026-04-20119.8288.87+1.33T ahead
2026-04-17121.3388.56+1.59T ahead
2026-04-16120.8288.31+1.57T ahead
2026-04-15116.5285.21+1.57T ahead
2026-04-14117.2585.12+1.69T ahead
2026-04-13117.2186.21+1.49T ahead
2026-04-10121.1087.68+1.75T ahead
2026-04-09122.8488.50+1.84T ahead
2026-04-08125.1788.54+2.14T ahead
2026-04-07128.3389.84+2.32T ahead
2026-04-06129.6188.98+2.65T ahead
2026-04-02129.6690.23+2.48T ahead
2026-04-01129.5791.51+2.27T ahead
2026-03-31132.6894.10+2.23T ahead
2026-03-30131.7295.85+1.84T ahead
2026-03-27133.1894.45+2.27T ahead
2026-03-26132.3694.79+2.13T ahead
2026-03-25131.8594.69+2.11T ahead
2026-03-24132.1394.65+2.17T ahead
2026-03-23131.6293.53+2.32T ahead
2026-03-20129.5793.40+2.11T ahead
2026-03-19126.9692.55+1.94T ahead
2026-03-18125.4592.57+1.76T ahead
2026-03-17127.4695.58+1.52T ahead
2026-03-16126.9196.24+1.35T ahead
2026-03-13126.8697.39+1.17T ahead
2026-03-12125.3596.04+1.20T ahead
2026-03-11124.3095.62+1.15T ahead
2026-03-10126.8298.02+1.08T ahead
2026-03-09126.0097.44+1.08T ahead
2026-03-06131.0899.27+1.39T ahead
2026-03-05132.5998.80+1.63T ahead
2026-03-04132.6398.43+1.70T ahead
2026-03-03131.2197.90+1.64T ahead
2026-03-02128.1996.82+1.47T ahead
2026-02-27128.1997.26+1.41T ahead
2026-02-26125.6895.49+1.39T ahead
2026-02-25127.5597.96+1.24T ahead
2026-02-24129.7599.45+1.28T ahead
2026-02-23130.5398.54+1.50T ahead
2026-02-20128.0596.53+1.53T ahead
2026-02-19127.6096.46+1.49T ahead
2026-02-18127.6095.54+1.63T ahead
2026-02-17131.2698.39+1.62T ahead
2026-02-13131.3098.34+1.64T ahead
2026-02-12131.8196.18+2.00T ahead
2026-02-11130.3093.88+2.19T ahead
2026-02-10125.4589.35+2.37T ahead
2026-02-09124.0788.55+2.36T ahead
2026-02-06124.1688.43+2.42T ahead
2026-02-05124.9990.44+2.23T ahead
2026-02-04124.5890.40+2.22T ahead
2026-02-03122.7988.56+2.33T ahead
2026-02-02120.3787.36+2.27T ahead
2026-01-30119.9588.35+2.09T ahead
2026-01-29115.0184.80+2.10T ahead
2026-01-28110.1683.44+1.74T ahead
2026-01-27105.2682.65+1.24T ahead
2026-01-26107.3284.21+1.26T ahead
2026-01-23107.9683.34+1.50T ahead
2026-01-22107.9283.06+1.56T ahead
2026-01-21107.5582.25+1.66T ahead
2026-01-20107.3282.28+1.64T ahead
2026-01-16107.5183.47+1.47T ahead
2026-01-15108.6085.42+1.30T ahead
2026-01-14108.0586.03+1.13T ahead
2026-01-13106.6484.97+1.13T ahead
2026-01-12108.6588.49+0.83T ahead
2026-01-09109.7989.85+0.77T ahead
2026-01-08110.6288.67+1.07T ahead
2026-01-07109.7088.39+1.00T ahead
2026-01-06111.4088.97+1.13T ahead
2026-01-05113.0989.99+1.20T ahead
2026-01-02112.4089.41+1.21T ahead
2025-12-31113.6890.96+1.14T ahead
2025-12-30113.5591.30+1.08T ahead
2025-12-29113.3691.01+1.11T ahead
2025-12-26112.8190.05+1.20T ahead
2025-12-24112.8689.16+1.35T ahead
2025-12-23111.9588.56+1.34T ahead
2025-12-22111.2187.70+1.40T ahead
2025-12-19110.5388.14+1.25T ahead
2025-12-18111.0389.72+1.07T ahead
2025-12-17111.4989.32+1.20T ahead
2025-12-16110.1688.71+1.14T ahead
2025-12-15111.2687.88+1.42T ahead
2025-12-12112.4987.43+1.66T ahead
2025-12-11111.2187.51+1.50T ahead
2025-12-10111.6287.51+1.56T ahead
2025-12-09112.1790.21+1.22T ahead
2025-12-08113.6891.59+1.20T ahead
2025-12-05115.7093.92+1.10T ahead
2025-12-04116.2093.19+1.27T ahead
2025-12-03115.8893.41+1.20T ahead
2025-12-02116.8094.14+1.21T ahead
2025-12-01118.0392.57+1.59T ahead
2025-11-28119.0893.64+1.56T ahead
2025-11-26118.1792.62+1.62T ahead
2025-11-25118.3592.69+1.64T ahead
2025-11-24117.2592.89+1.50T ahead
2025-11-21118.6793.85+1.53T ahead
2025-11-20116.8094.31+1.26T ahead
2025-11-19115.6594.65+1.09T ahead
2025-11-18117.1695.46+1.16T ahead
2025-11-17116.5796.70+0.93T ahead
2025-11-14117.1296.81+0.98T ahead
2025-11-13117.8596.13+1.16T ahead
2025-11-12117.3995.28+1.23T ahead
2025-11-11115.2494.97+1.04T ahead
2025-11-10113.6492.23+1.24T ahead
2025-11-07113.6492.74+1.18T ahead
2025-11-06113.2390.05+1.52T ahead
2025-11-05112.4091.73+1.20T ahead
2025-11-04111.8592.42+1.05T ahead
2025-11-03112.2791.09+1.29T ahead
2025-10-31113.2794.10+1.00T ahead
2025-10-30112.9594.37+0.94T ahead
2025-10-29115.0696.33+0.92T ahead
2025-10-28117.6298.56+0.92T ahead
2025-10-27116.8498.87+0.80T ahead
2025-10-24115.0697.56+0.78T ahead
2025-10-23112.6898.56+0.40near the usual relationship
2025-10-22116.93101.88+0.45near the usual relationship
2025-10-21119.22102.63+0.61T ahead
2025-10-20119.45103.08+0.58T ahead
2025-10-17120.55102.74+0.74T ahead
2025-10-16119.91101.45+0.84T ahead
2025-10-15119.31101.54+0.77T ahead
2025-10-14119.59102.78+0.66T ahead
2025-10-13117.12100.83+0.64T ahead
2025-10-10118.40102.50+0.58T ahead
2025-10-09119.45101.34+0.83T ahead
2025-10-08120.14101.51+0.89T ahead
2025-10-07119.73102.00+0.79T ahead
2025-10-06118.40100.78+0.81T ahead
2025-10-03123.84103.16+1.08T ahead
2025-10-02123.62103.10+1.07T ahead
2025-10-01126.09104.50+1.16T ahead
2025-09-30129.24107.24+1.15T ahead
2025-09-29128.47106.61+1.16T ahead
2025-09-26129.57106.39+1.30T ahead
2025-09-25129.52106.60+1.28T ahead
2025-09-24129.61106.81+1.28T ahead
2025-09-23131.76107.29+1.44T ahead
2025-09-22132.36106.38+1.62T ahead
2025-09-19132.77106.70+1.63T ahead
2025-09-18133.64107.00+1.70T ahead
2025-09-17135.19107.28+1.83T ahead
2025-09-16134.23106.46+1.86T ahead
2025-09-15135.56107.41+1.89T ahead
2025-09-12135.33108.29+1.78T ahead
2025-09-11134.97108.14+1.78T ahead
2025-09-10133.64107.69+1.72T ahead
2025-09-09134.65108.74+1.71T ahead
2025-09-08132.27108.82+1.47T ahead
2025-09-05135.42113.24+1.26T ahead
2025-09-04135.38112.95+1.30T ahead
2025-09-03132.91113.19+1.03T ahead
2025-09-02133.09114.64+0.88T ahead
2025-08-29134.05112.89+1.20T ahead
2025-08-28132.45112.25+1.12T ahead
2025-08-27133.00112.61+1.14T ahead
2025-08-26130.71112.54+0.92T ahead
2025-08-25131.53112.78+0.98T ahead
2025-08-22131.67112.88+1.00T ahead
2025-08-21134.74115.66+0.99T ahead
2025-08-20134.00116.04+0.87T ahead
2025-08-19132.63115.68+0.78T ahead
2025-08-18132.36114.32+0.92T ahead
2025-08-15132.13114.08+0.93T ahead
2025-08-14131.58112.14+1.12T ahead
2025-08-13129.98112.38+0.93T ahead
2025-08-12130.34113.02+0.90T ahead
2025-08-11128.79111.50+0.93T ahead
2025-08-08128.51109.75+1.12T ahead
2025-08-07128.42108.83+1.24T ahead
2025-08-06125.81107.17+1.18T ahead
2025-08-05127.09107.04+1.34T ahead
2025-08-04126.68107.97+1.19T ahead
2025-08-01127.00106.27+1.45T ahead
2025-07-31125.45106.81+1.22T ahead
2025-07-30125.86108.23+1.08T ahead
2025-07-29125.45107.19+1.18T ahead
2025-07-28126.32106.71+1.34T ahead
2025-07-25128.15109.11+1.24T ahead
2025-07-24127.78110.88+0.98T ahead
2025-07-23127.00104.80+1.71T ahead
2025-07-22125.49104.50+1.59T ahead
2025-07-21125.31104.22+1.63T ahead
2025-07-18123.30101.79+1.75T ahead
2025-07-17123.52101.71+1.81T ahead
2025-07-16123.34102.48+1.70T ahead
2025-07-15123.66101.26+1.93T ahead
2025-07-14124.30102.21+1.89T ahead
2025-07-11123.43102.04+1.83T ahead
2025-07-10126.41102.21+2.19T ahead
2025-07-09128.60104.08+2.20T ahead
2025-07-08129.47105.72+2.09T ahead
2025-07-07130.02106.46+2.08T ahead
2025-07-03129.79107.86+1.87T ahead
2025-07-02129.57106.37+2.08T ahead
2025-07-01132.17108.20+2.15T ahead
2025-06-30132.45106.74+2.43T ahead
2025-06-27128.51105.39+2.18T ahead
2025-06-26128.15103.68+2.44T ahead
2025-06-25127.78103.45+2.47T ahead
2025-06-24129.43102.96+2.81T ahead
2025-06-23129.06101.69+3.04T ahead
2025-06-20127.0999.24+3.27T ahead
2025-06-18126.5999.01+3.33T ahead
2025-06-17126.5499.20+3.38T ahead
2025-06-16128.01103.49+2.87T ahead
2025-06-13129.02102.15+3.34T ahead
2025-06-12129.38102.46+3.43T ahead
2025-06-11129.70103.46+3.38T ahead
2025-06-10130.07106.17+2.99T ahead
2025-06-09127.51106.60+2.55T ahead
2025-06-06128.51110.15+2.07T ahead
2025-06-05127.05109.72+1.94T ahead
2025-06-04125.22108.40+1.91T ahead
2025-06-03127.96109.26+2.22T ahead
2025-06-02127.83108.89+2.31T ahead
2025-05-30127.23108.51+2.32T ahead
2025-05-29125.31107.21+2.28T ahead
2025-05-28125.86108.20+2.20T ahead
2025-05-27125.35109.03+1.96T ahead
2025-05-23125.49108.81+2.05T ahead
2025-05-22124.62107.89+2.11T ahead
2025-05-21125.72107.86+2.34T ahead
2025-05-20127.14108.06+2.59T ahead
2025-05-19128.24109.43+2.53T ahead
2025-05-16126.86108.71+2.47T ahead
2025-05-15125.08107.59+2.41T ahead
2025-05-14121.01105.41+2.14T ahead
2025-05-13121.05106.33+1.96T ahead
2025-05-12123.62107.67+2.19T ahead
2025-05-09127.41109.23+2.62T ahead
2025-05-08125.72110.88+1.94T ahead
2025-05-07128.60112.57+2.16T ahead
2025-05-06128.88113.70+1.98T ahead
2025-05-05125.90111.24+1.97T ahead
2025-05-02126.36111.50+2.03T ahead
2025-05-01126.50110.66+2.28T ahead
2025-04-30126.77110.64+2.37T ahead
2025-04-29124.94108.23+2.61T ahead
2025-04-28124.76106.07+3.18T ahead
2025-04-25122.70104.28+3.27T ahead
2025-04-24126.00117.46+0.74T ahead
2025-04-23124.44116.19+0.70T ahead
2025-04-22123.39115.72+0.58T ahead
2025-04-21120.50113.56+0.46near the usual relationship
2025-04-17124.26117.40+0.39near the usual relationship
2025-04-16123.66116.32+0.51T ahead
2025-04-15125.86119.49+0.26near the usual relationship
2025-04-14124.49117.66+0.38near the usual relationship
2025-04-11122.61115.89+0.38near the usual relationship
2025-04-10120.78114.74+0.24near the usual relationship
2025-04-09121.14114.20+0.45near the usual relationship
2025-04-08120.78110.34+1.30T ahead
2025-04-07122.79110.51+1.71T ahead
2025-04-04121.92111.16+1.36T ahead
2025-04-03130.89120.02+1.20T ahead
2025-04-02128.79118.53+1.09T ahead
2025-04-01130.34120.31+1.01T ahead
2025-03-31129.43119.49+1.00T ahead
2025-03-28128.97118.69+1.08T ahead
2025-03-27129.06120.19+0.76T ahead
2025-03-26126.54117.61+0.82T ahead
2025-03-25124.99115.92+0.87T ahead
2025-03-24123.39116.02+0.50T ahead
2025-03-21123.66114.62+0.88T ahead
2025-03-20122.61115.15+0.52T ahead
2025-03-19122.84116.15+0.34near the usual relationship
2025-03-18121.78116.81-0.05near the usual relationship
2025-03-17122.79116.56+0.23near the usual relationship
2025-03-14121.65114.68+0.41near the usual relationship
2025-03-13119.41116.08-0.41near the usual relationship
2025-03-12117.71114.52-0.44near the usual relationship
2025-03-11119.04114.99-0.25near the usual relationship
2025-03-10124.85119.45+0.01near the usual relationship
2025-03-07124.12118.83-0.01near the usual relationship
2025-03-06122.33117.80-0.17near the usual relationship
2025-03-05119.82117.71-0.71TMUS ahead
2025-03-04120.00118.57-0.87TMUS ahead
2025-03-03126.86122.23-0.19near the usual relationship
2025-02-28125.45120.82-0.19near the usual relationship
2025-02-27123.11118.35-0.14near the usual relationship
2025-02-26121.60118.09-0.41near the usual relationship
2025-02-25121.97121.20-1.03TMUS ahead
2025-02-24122.38120.12-0.70TMUS ahead
2025-02-21121.83118.80-0.53TMUS ahead
2025-02-20119.68118.90-1.04TMUS ahead
2025-02-19120.09117.98-0.74TMUS ahead
2025-02-18119.31117.92-0.91TMUS ahead
2025-02-14118.40121.33-1.90TMUS ahead
2025-02-13117.30118.76-1.59TMUS ahead
2025-02-12116.06114.37-0.86TMUS ahead
2025-02-11115.10115.90-1.46TMUS ahead
2025-02-10113.78114.61-1.49TMUS ahead
2025-02-07112.31110.32-0.81TMUS ahead
2025-02-06111.90110.73-1.02TMUS ahead
2025-02-05111.99108.61-0.48near the usual relationship
2025-02-04110.98106.29-0.15near the usual relationship
2025-02-03110.98106.67-0.25near the usual relationship
2025-01-31108.60104.37-0.25near the usual relationship
2025-01-30109.93105.00-0.09near the usual relationship
2025-01-29110.89105.35+0.05near the usual relationship
2025-01-28111.6799.07+1.86T ahead
2025-01-27110.4899.20+1.56T ahead
2025-01-24103.9897.92+0.29near the usual relationship
2025-01-23103.1196.79+0.38near the usual relationship
2025-01-22102.1597.75-0.13near the usual relationship
2025-01-21102.9398.33-0.09near the usual relationship
2025-01-17102.0198.10-0.26near the usual relationship
2025-01-16100.7896.66-0.19near the usual relationship
2025-01-15100.2795.96-0.13near the usual relationship
2025-01-1499.7795.95-0.26near the usual relationship
2025-01-1398.6795.63-0.46near the usual relationship
2025-01-1099.2794.66-0.04near the usual relationship
2025-01-08101.5196.55+0.03near the usual relationship
2025-01-07101.6095.13+0.44near the usual relationship
2025-01-06103.4395.15+0.91T ahead
2025-01-03103.7598.16+0.17near the usual relationship
2025-01-02104.4998.35+0.30near the usual relationship
2024-12-31104.2198.89+0.08near the usual relationship
2024-12-30103.4898.86-0.10near the usual relationship
2024-12-27104.6299.91-0.09near the usual relationship
2024-12-26105.08100.21-0.06near the usual relationship
2024-12-24105.0399.91+0.01near the usual relationship
2024-12-23104.5399.31+0.04near the usual relationship
2024-12-20104.1298.70+0.09near the usual relationship
2024-12-19103.3097.67+0.16near the usual relationship
2024-12-18102.8898.87-0.27near the usual relationship
2024-12-17104.4998.88+0.13near the usual relationship
2024-12-16104.53102.80-0.88TMUS ahead
2024-12-13108.15103.91-0.28near the usual relationship
2024-12-12106.91104.51-0.73TMUS ahead
2024-12-11107.46104.99-0.72TMUS ahead
2024-12-10107.60104.61-0.60TMUS ahead
2024-12-09106.96102.53-0.24near the usual relationship
2024-12-06109.29109.22-1.32TMUS ahead
2024-12-05109.06109.29-1.40TMUS ahead
2024-12-04107.69108.90-1.65TMUS ahead
2024-12-03108.65109.69-1.62TMUS ahead
2024-12-02103.89109.68-2.82TMUS ahead
2024-11-29106.00110.63-2.56TMUS ahead
2024-11-27106.50110.30-2.39TMUS ahead
2024-11-26105.68109.73-2.50TMUS ahead
2024-11-25105.72107.50-1.96TMUS ahead
2024-11-22106.09106.75-1.69TMUS ahead
2024-11-21105.17105.99-1.75TMUS ahead
2024-11-20104.49105.49-1.82TMUS ahead
2024-11-19104.03104.48-1.69TMUS ahead
2024-11-18105.22106.19-1.84TMUS ahead
2024-11-15103.80105.56-2.08TMUS ahead
2024-11-14101.83106.51-2.91TMUS ahead
2024-11-13102.06107.92-3.30TMUS ahead
2024-11-12101.37107.07-3.35TMUS ahead
2024-11-11102.11106.77-3.13TMUS ahead
2024-11-08102.24105.42-2.76TMUS ahead
2024-11-07100.87103.71-2.73TMUS ahead
2024-11-06102.15104.02-2.47TMUS ahead
2024-11-05100.92101.75-2.20TMUS ahead
2024-11-04100.32100.47-2.01TMUS ahead
2024-11-01101.24100.03-1.61TMUS ahead
2024-10-31103.1699.98-1.01TMUS ahead
2024-10-30100.7899.80-1.70TMUS ahead
2024-10-29101.51101.27-1.96TMUS ahead
2024-10-28101.19102.06-2.34TMUS ahead
2024-10-2599.91101.41-2.59TMUS ahead
2024-10-24101.60104.64-3.11TMUS ahead
2024-10-23102.9398.99-0.88TMUS ahead
2024-10-2298.4098.12-2.07TMUS ahead
2024-10-2199.1399.80-2.42TMUS ahead
2024-10-18100.00100.00-2.22TMUS ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 24, 2024 (T -1.3%, TMUS +5.7%); Jan 29, 2025 (T -0.7%, TMUS +6.3%); Apr 25, 2025 (T -2.6%, TMUS -11.2%); Apr 29, 2026 (T -1.2%, TMUS +6.1%); Jul 23, 2026 (T -0.3%, TMUS -10.8%). Upcoming earnings: TMUS Oct 28, 2026 (after-hours).

Paired trades

The shared paper book and the replay, kept apart

Forward paper record

No paper position on this pair yet.

Historical simulation (a diagnostic, same rules)

No simulated trade through Oct 20, 2026: the pair rarely passed every test while 2 standard deviations apart.

Per $10,000 a leg. A replay on today's companies cannot prove an edge.

The companies

T and TMUS at a glance

T AT&T Inc.

Listing
NYSE · SEC CIK 732717
Industry
Telecommunications Equipment · SIC 4813 Telephone Communications (No Radiotelephone)
Market value
$159.0B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

TMUS T-Mobile US Inc.

Listing
Nasdaq · SEC CIK 1283699
Industry
Telecommunications Equipment · SIC 4812 Radiotelephone Communications
Market value
$167.4B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.

Related
All pairs →
PairStatusAhead nowIndustry
TMUS / CHTWatchlistCHT by 2.74 sdSIC 4812 Radiotelephone Communications
TMUS / VODWatchlistVOD by 1.68 sdSIC 4812 Radiotelephone Communications
VZ / TMUSWatchlistVZ by 1.48 sdTelecommunications Equipment
VZ / TWatchlistVZ by 1.16 sdTelecommunications Equipment
T / VIVWatchlistVIV by 0.66 sdSIC 4813 Telephone Communications (No Radiotelephone)

Follow the research behind the paper book

Boostio is a research-first platform in private beta: crypto candidates, daily market stories, public paper trading and now rival stocks. Exploring these pages stays free and open.

Explore the private beta

Paper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.