SpaceX spectrum deal hit Deutsche Telekom stock after 7.94 percent fall

Published on 10/15/2026 at 10:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SpaceX deal drove a 7.94 percent fall on October 9, 2026. Deutsche Telekom stock costs EUR 26.04 on October 15, 2026, 3.01 percent above Xetra close.

Competition and operating metrics

SpaceX's spectrum deal preceded a 7.94 percent fall on October 9, 2026.
Second-quarter revenue reached EUR 29.93 billion, up 4.40 percent year over year.
Deutsche Telekom stock trades at EUR 26.04 at 10:08 a.m. CEST at Lang & Schwarz on October 15, 2026, 3.01 percent above the Xetra close of October 14, 2026.
Third-quarter results are scheduled for November 5, 2026.

Unmarkierter 5G-Funkmast auf Berggipfel vor orangefarbenem Sonnenuntergangshimmel — Fotorealistisches Panoramabild eines markenlosen 5G-Funkmastes auf einem felsigen Berggipfel bei dramatischem Sonnenuntergang – ein Kernsymbol der Netzinfrastruktur der Deutsche Telekom AG (ISIN DE0005557508), Illustration mit AI erstellt.

Deutsche Telekom stock (ISIN DE0005557508) was trading at EUR 26.04 at Lang & Schwarz on October 15, 2026, at 10:08 a.m. CEST, 3.01 percent above the Xetra close of October 14, 2026 at EUR 25.28. The immediate backdrop is a US spectrum deal that pushed the shares down 7.94 percent on October 9, 2026, according to Admirals.

Competition changes the risk picture

SpaceX agreed to buy a US low-band spectrum portfolio for a planned Starlink mobile service, raising concerns about new competition for T-Mobile US, Deutsche Telekom's largest profit engine. The October 9 sell-off put the current quotation below the EUR 34.36 52-week high and only EUR 2.51 above the EUR 23.53 52-week low, both measured on October 15, 2026.

The operating figures offer a counterweight to that concern. In the second quarter of 2026, revenue reached EUR 29.93 billion, an increase of 4.40 percent from the prior-year quarter, while net income was EUR 2.45 billion. The figures show continued top-line growth alongside pressure on profitability, with the reported net margin at 8.00 percent for the quarter.

What does the 7.94 percent fall mean?

The key issue is the dependence on the US business rather than a breakdown in the latest reported group revenue. Deutsche Telekom's second-quarter adjusted earnings per share reached EUR 0.58, up 12.70 percent year over year, and free cash flow after leases reached EUR 5.03 billion, up 3.10 percent, according to Admirals. That combination leaves investors weighing resilient cash generation against a new competitive question in the group's most important growth market.

Three dated developments

On October 5, 2026, Deutsche Telekom presented AI targets including EUR 250.00 million of expected revenue outside the United States in 2026. On October 9, 2026, the stock fell 7.94 percent after the SpaceX spectrum deal. On October 15, 2026, the Lang & Schwarz quotation stood at EUR 26.04, 3.01 percent above the Xetra close.

Dates for the next tests

T-Mobile US is scheduled to report third-quarter results on October 28, 2026, while Deutsche Telekom's investor-relations calendar sets November 5, 2026, for the group's third-quarter results. The latter date is stated on the company's Deutsche Telekom investor-relations page.

Stock rebounds above the close

The current move does not erase the October sell-off, but it places the quotation above the previous Xetra session's close. The next results will show whether second-quarter cash generation and earnings growth can offset the new competitive concern.

The further course of trading is shown by the continuously updated real-time quote of Telekom stock.