Deutsche Telekom shares jump after reports say Elliott builds stake, opposes T-Mobile deal

TMUS•2026-09-03

Shares rise after stake report and merger opposition

Deutsche Telekom shares opened 1.5% higher on Thursday, topping Germany's blue-chip index, 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.

Deutsche Telekom shares jump after reports say Elliott builds stake, opposes T-Mobile deal

Shares rise after stake report and merger opposition

Related News

Bonds breathe sigh of relief

VinFast-linked taxi firm GSM eyes US, EU expansion ahead of Hong Kong IPO

Nokia partners with BeeHealthy to add network-based verification to digital healthcare apps

Nasdaq trade halt continues <EFTY.O> reason not available at 03:58 AM

Global Markets-Shares, bonds rally as markets await Fed signals; yen jumps