Dec 13 (Reuters) - U.S. wireless carrier T-Mobile (TMUS.O) , opens new tab said on Friday it would buy back as much as $14 billion worth of shares by 2025 end as part of its previously stated plan to return up to $50 billion over the next three years to shareholders.

Telecom companies such as Verizon (VZ.N) , opens new tab, AT&T (T.N) , opens new tab and T-Mobile are among the top dividend payers in the U.S.

Earlier this month, AT&T said it plans to return more than $40 billion to shareholders over the next three years through dividends and share repurchases.

T-Mobile's latest shareholder return program is in addition to the $19 billion announced in September 2023, running through Dec. 31 this year.

The company on Friday also reiterated that it would allocate about $80 billion in investments and capital returns through 2027.

T-Mobile, one of the top three wireless carriers in the U.S., has attracted subscribers in a saturated telecom market through its high-speed 5G plans that offer streaming perks.

The company expects adjusted free cash flow, a metric that helps determine dividend payouts, to be between $18 billion and $19 billion in 2027.

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https://www.reuters.com/business/media-telecom/t-mobile-announces-14-bln-buyback-2024-12-13/