TMUS · News · 20260908N

Acquisition / Partnership / Divestiture

T-Mobile US, Inc. · 2026-09-08 · Importance 31 · Surprise 42

Merger discussions between Deutsche Telekom and T-Mobile US that began in April reportedly stalled by late July. The talks were constrained by disagreements over transaction structure and regulatory concerns. Deutsche Telekom owns a 54% stake in T-Mobile, while Elliott Investment Management reportedly opposes the merger and favors larger share buybacks as an alternative to increase shareholder value.

Key facts

• California State Teachers Retirement System increased its stake in T-Mobile US by 16,067.4% during the second quarter and owned 126,953,998 shares after purchasing an additional 126,168,750 shares. source
• Merger talks between Deutsche Telekom and T-Mobile US that began in April stalled by late July due to disagreements over deal structure and regulatory concerns. source