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Business briefing · Saturday, November 7, 2026 · Daily edition · Story 1 of 5
Deutsche Telekom CEO comments on SpaceX's mobile ambitions
Deutsche Telekom CEO Tim Höttges welcomed SpaceX's Starlink mobile efforts but noted the high costs and challenges of building a competitive network. He expressed cautious interest in Elon Musk's plans for a new communication business.
Why it matters: The comments highlight the challenges SpaceX faces in entering the mobile telecom market and the interest from established telecom companies.
Sources: Business Insider · MarketWatch
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