Deutsche Telekom CEO Says Starlink Mobile Needs to Spend $200 Billion – ‘Welcome to the Party’
‘We always have said that satellite services will not substitute terrestrial service. It’s impossible,’ Deutsche Telekom CEO Tim Höttges says
‘We always have said that satellite services will not substitute terrestrial service. It’s impossible,’ Deutsche Telekom CEO Tim Höttges says
Mobile: Deutsche Telekom CEO Tim Höttges said Elon Musk’s Starlink would need to spend more than $200 billion to become a meaningful competitor to terrestrial wireless networks. Speaking on a Nov. 5 investor call, Höttges dismissed the idea that satellite-based mobile service could replace traditional cellular networks, arguing that bandwidth constraints and indoor coverage challenges make such a scenario unrealistic. Deutsche Telekom is majority owner of T-Mobile US, with a stake of roughly 53%. “We always have said that satellite services will not substitute terrestrial service. It’s impossible,”Höttges said. (More after paywall)
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