Deutsche Glasfaser: New refinancing details and new disclosure

The FT has published an article suggesting that EQT/ Omers are trying to unblock the Deutsche Glasfaser refinancing process with a new equity funding proposal and at the same time scale back the rollout plans.

DT/TMUS Government Review

DT is considering a transaction that would merge DT with TMUS. Our New Street colleagues have already provided their quick thoughts on the financial aspects of the transaction. In this note, we provide a quick assessment of the different reviews that the US Government would undertake before the deal would be allowed.

DT (Buy)/ T-Mobile (Buy) DT to merge with TMUS? Our thoughts

Bloomberg is reporting that DT and T-Mobile are considering merging into a single entity. In this note, we give our thoughts on what structure could make sense and why they might be considering this.

INFORME DIARIO 22 ABRIL + RDOS. ESPAÑA Y EUROPA 1T’26. IDEAS DESTACADA...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: CAIXABANK. EUROPA: ALLIANZ, DANONE, DEUTSCHE TELEKOM, UNICREDIT. Incluido en el informe diario de hoy, y durante toda la campaña de resultados, incorporamos al final una presentación con los resultados destacados en positivo y negativo y previews de Rdos. 1T’26 que se publicarán en España y Europa en los próximos días. Pendientes de las negociaciones Las bolsas europeas fueron borrando las subidas de la apertura, a la espera de las negociaciones e...

Wireless cNPS operator comparisons: The latest relative carrier perfor...

CEOs. That’s what’s new. Verizon and T-Mobile and Comcast. As one would expect, our mid4Q cNPS data shows that not much changed from prior quarters. Among the Big 3, T-Mobile continues to lead, Verizon lagged, and there wasn’t much movement. Cable improved slightly Q/Q but lags the facilities-based players. It’s not a network problem…

DT/ Tele Columbus. Progress on wholesale fibre access

The regulation of MDU in-building fibre (Level 4) is a key battleground for German fibre deployments.

Deutsche Telekom AG - December 2025 (LTM): Peer Snapshot

Compares key performance metrics against industry peers.

TMUS: Setting up for 1Q results

We are updating our model based on our recent conversations with management and comments at industry conferences. The only major change is that we’ve lowered postpaid account net adds for 1Q following Srini’s comments about seasonality at an industry conference (full year estimate is nearly unchanged). We got some updated color that has rebalanced our quarterly estimates for the year.

Broadband cNPS comparisons by tech & operator - The latest data availa...

Scouring the data in this report, we’d point you to the appendix for a quick review. What stands out is that when a broadband customer interacts with a sales rep, presumably they are doing so with a problem or request that an automated or AI-driven IVR cannot address. Almost without fail, sales rep interactions are the Achilles heal of the market right now and likely a core reason, care scores suffer. The operator that can solve this puzzle, and it could be cable, has a window to shift their rel...

German FTTH Implications of new German fibre bill

Earlier this week, the German Government updated its consultation for the deployment of fibre in Germany with quite a number of new suggestions – and which could have potential ramifications for the German fibre market.

Broadband Spring 2026 – A fine time for FWA

In this Broadband Spring report, we share a quick update on broadband industry trends from 4Q25 heading into 2026E. Industry net adds improved meaningfully in 4Q25 from a year ago but remained slightly below last year when we adjust for the loss of ACP. Net adds for the quarter were in line with the pre-pandemic norm but trailing twelve-month net adds remain below pre-pandemic levels. We take a deep-dive here into FWA’s continued strong momentum, by carrier, and how it fits into the overall broa...

Deutsche Telekom AG: 1 director

A director at Deutsche Telekom AG sold 100,000 shares at 33.800EUR and the significance rating of the trade was 100/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years c...

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 02/26/2026

Deutsche Telekom (Buy, €43, +28%) Should still be a core holding for ...

At a time when the European telecoms sector has been outperforming strongly, we think DT still stands out as a core holding for 2026 and there is still some 2025 “catch-up” to play out – but with the implied ex-US value at all-time highs, the upside from here now relies more on a TMUS recovery.

ODDO BHF SECURITIES LARGE CAPS MORNING NEWS 26/02/2026

Deutsche Telekom : German trends recovering

Deutsche Telekom : German trends recovering

INFORME DIARIO 26 FEBRERO + RDOS. ESPAÑA Y EUROPA. IDEAS DESTACADAS Y ...

COMPAÑÍAS QUE APARECEN EN EL INFORME: ESPAÑA: ACS, EBRO FOODS, FERROVIAL, INDRA, MELIÁ, NEINOR HOMES, REDEIA, SANTANDER. EUROPA: AXA, ALLIANZ, DEUTSCHE TELEKOM, ENI, SCHNEIDER ELECTRIC. Incluido en el informe diario de hoy, y durante toda la campaña de resultados, incorporamos al final una presentación con los resultados destacados en positivo y negativo y previews de Rdos. 4T’25 que se publicarán en España y Europa en los próximos días. El mercado se estabiliza Recuperación generalizada en la...

That’s a wrap! Takeaways from Metro Connect day 2

We just wrapped up day 2 at Metro Connect where we had meetings with a number of additional fiber operators. In this short note, we share our incremental takeaways from conversations at the event.

Takeaways from Metro Connect 2026 Day One

Greetings from sunny, if chilly Fort Lauderdale where we are attending Metro Connect which one of our companies described as one of the two most important infrastructure conferences of the year. We are soooo lucky not to have gotten snowed in. If you are in the northeast, please stay warm! We just wrapped Day One where we had meetings and run-ins with many, primarily, small to mid-size private fiber operators. In this short note, we present our key takeaways from our conversations at the event.