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Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Elon Musk'sSpace Exploration Technologies Corp. would need at least €200 billion (about $220 billion) to challenge America's established wireless carriers, Deutsche Telekom AG CEO Tim Höttges warned on Thursday, welcoming the potential rival with a pointed message. SpaceX Faces Massive Spectrum And Infrastructure Costs Speaking during Deutsche Telekom's Nov. 5 earnings call, Höttges said SpaceX had acquired 76 megahertz of spectrum against roughly 400 megahertz held by T-Mobile US Inc., the German company's U.S. subsidiary. Expanding that position would require "triple digit billions," he estimated.
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