T-Mobile owner on Elon Musk launching a wireless carrier: ‘Welcome to the party’
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 […]
Deutsche Telekom CEO Tim Höttges has expressed skepticism about the ambitious plans of SpaceX's Starlink Mobile to become a major player in the US wireless market. Höttges, speaking during an earnings call, warned that the project could cost SpaceX at least $200 billion, citing the need for a substantial investment in spectrum, network infrastructure, and hardware.
While acknowledging Musk's "super serious" commitment to the venture, Höttges highlighted the challenges involved in building a network, including acquiring or constructing antennas and acquiring or constructing 85,000 towers. He also noted that SpaceX would need to purchase 76 megahertz of spectrum, which is a significant portion compared to Deutsche Telekom's 400 megahertz.
Despite acknowledging the potential threat posed by Starlink Mobile, Höttges emphasized that it would not be an easy path to success and drew parallels to the lessons learned in the car industry.
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