Deutsche Telekom gains after T-Mobile results, merger pause report
Thu 09:22
BUZZ-Deutsche Telekom gains after T-Mobile results, merger pause report ** Shares in Deutsche Telekom DTEGn.DE up around 2.7%
** A local trader points to a Bloomberg News report saying company has hit the brakes on merger plans with US branch T-Mobile TMUS.O due to pushback from its works council, though it could proceed with an offer at a later date
** Trader also points to T-Mobile reporting stronger-than-expected customer additions and EPS on Wednesday
** The stock is leading German blue-chip index DAX .GDAXI
(Reporting by Emanuele Berro)
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