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Elliott Presses Deutsche Telekom on Capital Strategy and Merger Plans

Deutsche Telekom logoDeutsche Telekom
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Elliott Investment Management has built a stake in Deutsche Telekom and urges management to shelve any potential merger with T-Mobile US as the company reshuffles its leadership. Dhananjay Mirchandani becomes CFO, Jan Hofmeyr joins the board for Product and Technology, and Mladen Mitic steps in as Chief Product & Digital Officer. Separately, Deutsche Telekom’s IoT unit demonstrates voice messaging over Iridium’s direct L-band satellite network.

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