Deutsche Telekom shares jump after reports say Elliott builds stake, opposes T-Mobile deal
03/09/2026 08:04
Deutsche Telekom shares jump after reports say Elliott builds stake, opposes T-Mobile deal Sept 3 (Reuters) - Deutsche Telekom DTEGn.DE shares opened 1.5% higher on Thursday, topping Germany's blue-chip index .GDAXI, after a source said Elliott Investment Management had built a stake in the German telecommunications company, with a Bloomberg News report saying the activist investor was urging it to abandon a potential merger with unit T-Mobile US TMUS.O.
(Reporting by Emanuele Berro in Gdansk, editing by Milla Nissi-Prussak)
((Emanuele.Berro@thomsonreuters.com; +48 587696510))
Recent news on Deutsche Telekom AG
See all newsBarclays warns AI and satellites form 'material overhang' for European telcos
European telecom groups mull bid for mobile satellite spectrum (updated)
European telecom groups mull joint bid for mobile satellite spectrum
US, European telecom stocks slide as SpaceX spectrum deal rattles sector (updated)
SpaceX spectrum deal sends Deutsche Telekom shares falling 7%