T-Mobile’s CEO dismisses Musk’s Starlink Mobile ambitions as financially unrealistic, citing the massive capital required to acquire sufficient spectrum to compete with established carriers.
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The head of T-Mobile's parent company is casting doubt on SpaceX's plans to make Starlink Mobile a "major" carrier in the US. During an earnings call on Thursday, Deutsche Telekom CEO Tim Höttges says he takes the Elon Musk-owned company "super serious," but that it will cost at least $200 billion to pull off: He [Musk] has now bought 76 megahertz of spectrum. By the way, we have 400. So if you now say he can buy the spectrum prospectively, do your math. These are kind of triple-digit billions which are needed to gain the spectrum position. If he has the money, go for it. Then he has to build a network. I can tell you, we have 85,000 tower … Read the full story at The Verge.
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