Elliott Investment Management has built a “sizeable” stake in Deutsche Telekom AG and is pressing the company to oppose a potential merger involving its U.S. unit, T-Mobile US Inc., according to people familiar with the matter.
The reports say Elliott’s position is that Deutsche Telekom should drop the contemplated deal. Both outlets describe the situation as stemming from Elliott’s activism around the corporate strategy for Deutsche Telekom and its U.S. assets.
While the coverage aligns on Elliott’s growing stake and its opposition to the merger, the available information provided here does not specify the stake size, timing of the purchases, Elliott’s detailed rationale, or whether Deutsche Telekom has responded publicly. The accounts also do not indicate any formal actions taken by Elliott beyond expressing its view internally, based on the people familiar with the matter.
