Deutsche Telekom stock rises as T-Mobile US merger plans pause

Deutsche Telekom stock was in focus on October 29 after reports said the company had put a possible full combination with T-Mobile US on hold for now. The development followed stronger-than-expected third-quarter customer additions at the US subsidiary, while Deutsche Telekom's own third-quarter report is still due on November 5.

t-online, citing dpa-AFX and a Bloomberg report, said Deutsche Telekom had apparently refrained from submitting a formal offer to combine its German operations with T-Mobile US. The report attributed part of the resistance to the works council. A possible transaction has therefore been delayed, not definitively cancelled.

US subsidiary provides fresh operating support

T-Mobile US added 274,000 postpaid accounts in the third quarter, according to Telecoms.com. Service revenue rose 6 percent year over year to 19.4 billion US dollars, while postpaid average revenue per account increased 4 percent to 155.73 US dollars. The article also noted that churn rose slightly to 1.09 percent, keeping a counterpoint to the growth figures.

For Deutsche Telekom investors, the combination of a strong US operating update and a pause in the potential merger changes the near-term discussion, but it does not resolve the strategic question. T-Mobile US remains important to group growth, while the structure of any future transaction remains uncertain. The November report will provide the next company-level test of operating performance and outlook.

Quote and Xetra reference

At Lang & Schwarz, the share traded at 25.65 euros on October 29, 2026, at 16:36:37 Berlin time. This was 2.03 percent above the Xetra close of 25.14 euros from October 28, 2026. Investors can follow the real-time quote of Deutsche Telekom stock.

The DAX market environment provides the relevant broader German equity context.

More news and analyses on Deutsche Telekom stock