Deutsche Telekom

Europe’s top carriers eye joint satellite spectrum bid

Deutsche Telekom, Orange, Telefónica and Vodafone signed a letter of intent on Monday, October 19, to explore a joint bid for future Mobile Satellite Services (MSS) spectrum in Europe. They also plan to offer direct-to-device service, which connects ordinary phones…

Elliott builds Deutsche Telekom stake, opposes T-Mobile merger

Elliott Investment Management has taken a large stake in Deutsche Telekom and is urging the German carrier to abandon plans for a full merger with T-Mobile US, instead pressing for expanded share buybacks, Bloomberg reported on Wednesday. The campaign by…

European, Australian stocks hit record highs on earnings and Iran hopes

Global equity markets rallied on Thursday as European stocks climbed to fresh record highs and Australia's benchmark index posted its second consecutive all-time peak, driven by stronger-than-expected corporate earnings and growing optimism over a potential diplomatic resolution to the U.S.-Iran…