Your capital is at risk. You may lose money on your investments.

Please click our full Risk Disclaimer

T-Mobile Shares Slip on Deutsche Telekom Merger Report

1 min

T-Mobile shares fell Tuesday after a report that its main shareholder, Deutsche Telekom, may fully merge with the U.S. carrier. Such a deal would need approval from both German and American regulators and politicians.

Deutsche Telekom owns 53% of T-Mobile and is in early merger talks, the report said. The German government and bank KfW together own about 28% of Deutsche Telekom, so any deal would face scrutiny in both countries.

T-Mobile shares closed lower on Tuesday, following the merger report, but recovered somewhat in premarket trading on Wednesday. Meanwhile, Deutsche Telekom shares dropped more sharply on Tuesday, ending down over 2% in Frankfurt.

The reported discussions are at an early stage, and no specific terms have been disclosed. T-Mobile’s chief executive. The talks are still in the early stages, and no details have been shared. T-Mobile’s CEO used to lead Deutsche Telekom, which could help the companies communicate, but the deal would still be complicated because of the many regulators involved. Evaluation regarding corporate activity; no specifics to share.

image Featured Courses

Introduction to Stock Trading

Trade with fewer limits

Day trade with fewer limits at fast speed. Buy stocks and ETFs at low fees.

Age restriction

Please confirm that you are over 18 years old to continue

I am under 18

The content on this website is not intended for traders in your location. Please choose the website most applicable to your location.

Go to US website