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Elliott Takes Stake in Deutsche Telekom, Opposes T-Mobile Deal
The Wall Street Journal16d agoneutral
Elliott Takes Stake in Deutsche Telekom, Opposes T-Mobile Deal

Activist investor Elliott Investment Management has built a stake in Deutsche Telekom and is pushing the German company to abandon any effort to merge with T-Mobile US, according to people familiar with the matter. Deutsche Telekom owns 54% of T-Mobile and has held discussions this year about combining the two companies to create a more streamlined telecom behemoth. On Thursday, Deutsche Telekom’s stock traded higher in Germany, while T-Mobile’s New York-listed shares rose in premarket trading.

Investing.com16d agoneutral
Elliott targets Deutsche Telekom, opposes $300B T-Mobile merger - Bloomberg News

Elliott’s move puts the activist directly at odds with Deutsche Telekom CEO Tim Hoettges, who has been pursuing a full combination of the two companies since at least April 2026. Deutsche Telekom holds roughly a 53% stake in T-Mobile US, and Hoettges’s plan would have created the world’s largest wireless operator by market capitalization. Instead, Elliott is pressing management to consider alternative paths to shareholder value, with buybacks cited as the preferred mechanism, according to Bloomb

Array Digital Infrastructure Q2 Earnings Call Highlights
MarketBeat38d agoneutral
Array Digital Infrastructure Q2 Earnings Call Highlights

TDS reported second-quarter progress in its fiber expansion and tower infrastructure operations, while updating 2026 guidance for both TDS Telecom and Array Digital Infrastructure (NYSE:AD). Management also said it would not provide further updates or take questions regarding TDS’s pending proposal

Telephone and Data Systems Q2 Earnings Call Highlights
MarketBeat41d agoneutral
Telephone and Data Systems Q2 Earnings Call Highlights

Telephone and Data Systems (NYSE:TDS) reported second-quarter progress in its fiber expansion and tower operations, while lowering revenue expectations for its telecom business amid continued pressure from legacy copper and cable services. The company also said Array Digital Infrastructure completed

Deutsche Telekom Q2 Earnings Call Highlights
MarketBeat44d agoneutral
Deutsche Telekom Q2 Earnings Call Highlights

Deutsche Telekom (ETR:DTE) reported continued organic growth in the first half of 2026, raised its group free-cash-flow outlook following an increase at T-Mobile US, and announced plans for up to an additional €3 billion in share repurchases during 2026. Chief Executive Officer Tim Höttges said gro

Telecom Stocks Slip After SpaceX Takes Aim at Their Market Share
The Wall Street Journal45d agoneutral
Telecom Stocks Slip After SpaceX Takes Aim at Their Market Share

SpaceX is coming for large U.S. telecom providers. During the company’s first earnings call, SpaceX President Gwynne Shotwell referenced the revenue that AT&T, Verizon Communications and T-Mobile US pull in, and said Starlink would take aim at their subscribers.

SpaceX's mobile ambitions jolt US telecom market, analysts debate threat
Reuters45d agoneutral
SpaceX's mobile ambitions jolt US telecom market, analysts debate threat

SpaceX's ambition to build a full-fledged mobile service rattled investors in the U.S. wireless sector, as the company outlined plans that could eventually pit Starlink against industry leaders Verizon, ‌AT&T and T-Mobile. SpaceX acquired 65 megahertz of wireless spectrum licenses from EchoStar for a total of $19.6 billion through two deals ‌announced last year, giving Starlink airwaves to expand into mobile services. "The spectrum that we purchased from EchoStar does have terrestrial components, so we definitely intend to build ​out terrestrial," SpaceX President Gwynne Shotwell said during a post-earnings call on Tuesday.

SpaceX Sends Telecom Providers a Shot Across the Bow
The Wall Street Journal45d agoneutral
SpaceX Sends Telecom Providers a Shot Across the Bow

SpaceX is coming for large U.S. telecom providers. During the company’s first earnings call, SpaceX President Gwynne Shotwell referenced the revenue that AT&T, Verizon Communications and T-Mobile US pull in, and said Starlink would take aim at their subscribers. “I anticipate us to be able to acquire quite a few of their customers because I think our service will be better,” Shotwell said.

American Tower Q2 Earnings Call Highlights
MarketBeat53d agoneutral
American Tower Q2 Earnings Call Highlights

American Tower (NYSE:AMT) raised its full-year 2026 outlook for the second time this year after reporting second-quarter growth in tower leasing and record leasing activity at its CoreSite data center business. President and CEO Steve Vondran said the company’s performance was supported by “robust