Deutsche Telekom has opted against submitting a formal bid for the time being to combine with T-Mobile US, its American arm, Bloomberg reported on October 28, 2026, describing the planned combination as what would be the largest-ever public merger. The decision followed, in part, pushback from the German company’s works council, according to people familiar with the matter cited by Bloomberg, who declined to be identified because the discussions are confidential. No bid terms or figures were reported in the portion of the article that could be read, and neither company had issued a statement on the decision at this update.
Deutsche Telekom holds off formal bid for T-Mobile US
Deutsche Telekom has opted against submitting a formal bid for the time being to combine with its American arm, T-Mobile US, in what would be the largest-ever public merger, Bloomberg reported on October 28, 2026.
Why it matters: A formal bid would have started a combination of the German group with the US carrier it controls; holding off, in part over pushback from its own works council, leaves the structure unchanged for now and the timing of any renewed approach open.
Data as of Single source: Bloomberg, October 28, 2026, citing people familiar with the matter who declined to be identified because the discussions are confidential. The full article is behind the Bloomberg paywall; only the headline and the article's published takeaways summary were read in this run, and no merger value or other figures were visible. No company statement or second report had corroborated the decision at this update. Developing item.
Sources
- Deutsche Telekom Is Said to Hit Brakes on Giant T-Mobile Merger - Bloomberg - 2026-10-28