Deutsche Telekom CEO doubts Musk's Starlink Mobile can challenge US carriers

The chief executive of T-Mobile's parent company, Deutsche Telekom, has questioned SpaceX's ambitions to turn Starlink Mobile into a major American wireless carrier. Speaking on an earnings call on Thursday, Tim Höttges said he takes the Musk-owned venture seriously but argued it would require at least $200 billion. He noted that SpaceX has acquired 76 megahertz of spectrum, while Deutsche Telekom holds 400, and said building out a network would be a further major undertaking. Höttges added that he welcomed the new competitor to the industry.
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