The Trump family, long known for its real estate empire, luxury hotels, and golf resorts, has in recent years ventured into newer arenas including digital media and cryptocurrency.
The Trump Organization, which is the main holding entity for most of the U.S. president's business ventures, said ahead of Trump's inauguration that control of the company would be handed to his children, replicating the arrangement from his first term, though concerns about potential conflicts of interest remain.
A website that went live after the announcement included details of the new Trump-branded smartphone that will be available from September, and a $47.45 a month subscription plan to the new network.
DTTM Operations — the entity managing President Trump's trademarks — has filed applications to use his name and the term "T1" for telecom-related services.