I don’t think they’re likely to pay enough to justify a high valuation. And remember you’re basically talking just very rural areas in the long term; towns and villages can be hooked up increasingly cheaply. Like, Starlink is maybe a viable medium-sized telco. Maybe even a large one; they might hit Vodafone scale (though probably with a worst cost structure; a lot of Vodafone’s business is just reselling other peoples’ fibre). Note that Vodafone isn’t valued at multiple trillions.

Ultimately, it’s hard to be high margin as a telco.