CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and can afford the risks. Trading CFDs is high risk and is not suitable for everyone. Refer to our PDS and Target Market Determination. AFSL 513393
Open platformOpen platform

Deutsche Telekom gains after T-Mobile results, merger pause report

By Reuters News

** Shares in Deutsche Telekom DTEGn.DE up around 2.7%

** A local trader points to a Bloomberg News report saying company has hit the brakes on merger plans with US branch T-Mobile TMUS.O due to pushback from its works council, though it could proceed with an offer at a later date

** Trader also points to T-Mobile reporting stronger-than-expected customer additions and EPS on Wednesday

** The stock is leading German blue-chip index DAX .GDAXI

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.