Deutsche Telekom slides as T-Mobile merger talk resurfaces

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Yesterday 16:26

** Deutsche Telekom DTEGn.DE falls as much as 7.9% after German daily Handelsblatt reports CEO Tim Höttges is actively working on plans to merge the group with T‑Mobile TMUS.O 
** Analysts have questioned the value creation of such a deal, also arguing U.S. investors may be reluctant to gain exposure to a slower-growing European business
** Citing insiders, Handelsblatt says Höttges is pursuing the tie-up in response to SpaceX's IPO and plans for its Starlink unit to launch U.S. mobile services for customers
** Stock hits lowest level since August 2024
** T‑Mobile down more than 6%

 (Reporting by Hakan Ersen, Tristan Veyet, Editing by Danilo Masoni)
 ((Tristan.veyet@thomsonreuters.com))