T-Mobile owner on Elon Musk launching a wireless carrier: ‘Welcome to the party’

November 5, 2026 Emma Roth

A photo of Tim Höttges

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.

Previous Article
The New York Times is in talks to buy Letterboxd for around $330 million
The New York Times is in talks to buy Letterboxd for around $330 million

The New York Times Company is in talks"exclusive negotations" to acquire Letterboxd, the social network for...

Next Article
Perplexity launches its own take on AI agents for work
Perplexity launches its own take on AI agents for work

Perplexity is taking on OpenAI and Anthropic with its own work-focused AI agents. The startup's new always-...