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Deutsche Telekom CEO Tim Hoettges cast doubt on SpaceX's plans to make Starlink Mobile a major US carrier. He said Musk's company has bought 76 megahertz of spectrum compared with Deutsche Telekom's 400 and that building a carrier would cost at least $200 billion. Hoettges said he takes the venture seriously, according to The Verge's report on the earnings call. He welcomed the newcomer to the market.

Sources:The Verge

1 outlet · 1 article · first seen Nov 5, 7:00 PM ET

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