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TelecomsConservativeLarge CapTurnaround

T-Mobile rises after report of Deutsche Telekom merger deal talks

** Shares of T-Mobile TMUS.O rise 1.34% to $201.03 following a Bloomberg News report that majority shareholder Deutsche Telekom DTEGn.DE is discussing a merger deal

** TMUS is on track for its fifth straight session of gains

** A combined entity will reportedly seek a listing in the U.S. and a major European exchange, according to the report

** Deutsche Telekom already owns 52.8% of TMUS

** TMUS is up 0.8% YTD versus S&P 500 Communication Services index .SPLRCL, which is up 3.5% in the same period

 (Reporting by Chibuike Oguh in New York)

 ((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))

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