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Telekommunikation: Aktivistischer Investor Elliott steigt offenbar bei Deutscher Telekom ein

Der Investor soll eine größere Beteiligung an der Deutschen Telekom aufgebaut haben. Statt einer möglichen Fusion mit der US-Tochter T-Mobile setzt er sich für Aktienrückkäufe ein.

Telekommunikation: Aktivistischer Investor Elliott steigt offenbar bei Deutscher Telekom ein

San Francisco - Hedge fund Elliott Investment Management may have increased its stake in Deutsche Telekom, two media outlets reported on Wednesday citing sources. Bloomberg broke the news first, followed by the Financial Times. Elliott apparently told the company's leadership that the telecom giant should end merger talks with its U.S. subsidiary, T-Mobile US, and instead boost shareholder value through other means like larger share repurchases.

This move appears to directly involve Telco CEO Timotheus Höttges, according to the Financial Times. Höttges has reportedly been considering a possible merger with T-Mobile US, which would be the largest public takeover ever and create the world's most valuable telecommunications company. Elliott did not comment initially. The telecom company declined to respond to a request from the Financial Times on Thursday.

The size of Elliott's stake remains unclear, but holdings above three percent must be disclosed under German securities law.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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