Remitly Global Inc vs T-Mobile Us Inc — how do they compare? Remitly Global Inc trades at $23.37 (market cap $5.02B), while T-Mobile Us Inc trades at $191.49 (market cap $206.45B). The key difference: T-Mobile Us Inc is far larger — about 41.1× Remitly Global Inc's market cap, and T-Mobile Us Inc pays a 2.14% dividend while Remitly Global Inc pays none. Which is the better fit depends on your goals.
| RELY | TMUS | |
|---|---|---|
Market Cap | $5.02B | $206.45B |
Sector | Technology | Media |
52-Week High | $25.23 | $259.01 |
52-Week Low | $12.20 | $167.65 |
Enterprise Value | $4.41B | $324.15B |
Dividend Yield | — | 2.14% |
Trailing returns across standard periods
Latest headlines on both assets
Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
Read more on RELY →Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, creating T-Mobile Us. Following the merger, the firm provided nationwide service in major markets but spottier coverage elsewhere. T-Mobile spent aggressively on low-frequency spectrum, well suited to broad coverage, and has substantially expanded its geographic footprint. This expansion, coupled with aggressive marketing and innovative offerings, produced rapid customer growth. With the Sprint acquisition, the firm's scale now roughly matches its larger rivals: T-Mobile now serves 71 million postpaid and 21 million prepaid phone customers, equal to around 30% of the U.S. retail wireless market. In addition, the firm provides wholesale service to resellers.
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