Chapter 184: My own people do not lie to their own people
The entire conference room debated for a long time about the shares of American Telecom that several companies had obtained after the reorganization before it was finally decided.
Of course, it is only roughly finalized now, and an agreement of intent is signed. The real contract will have to wait for the legal departments of several companies to waffle before everything can be finally finalized.
This is not as simple as a few agreements. It also involves the influence of Telephone and Telegraph Group, Enron, Comerica Bank, etc. in American Telecom. After the reorganization is completed, several companies will send personnel to American Telecom to serve as financial officers.
, personnel from the risk control, human resources and other departments are not only helping America Telecom, but also "supervising" to prevent Song Yang from engaging in frivolous operations at America Telecom.
However, this agreement of intent also has binding significance. It represents that America Telecom has truly completed its reorganization. America Telecom, which has obtained the broadband business of Telephone and Telegraph Group, has truly entered the telecommunications industry in America!
After reaching the agreement, Best is most concerned about America Telecom's next move. As Song Yang just said, occupying Silicon Valley, Wall Street, New York, Los Angeles and other major cities, this is of course what America Telecom wants to do.
But what Best is most concerned about is whether America will really have to deal with WorldCom and other companies, as Song Yang said in the media before.
"Song,?" Best asked Song Yang.
Best hopes that Song Yang can take a stand and fight for Telephone and Telegraph Group against WorldCom, his little brother who once had no choice but to follow behind him. If America Telecom wins, Telephone and Telegraph Group may not be able to win.
You can wake up laughing from your dreams.
Anyway, America Telecom is adding to the difficulties faced by WorldCom, MFS, MCI and other competitors. Telephone and Telegraph Group is absolutely happy to see this happen, but Best is also worried that the company, if not America Telecom, will be unable to bear it!
Jeff Skilling, who always likes to make big moves, said at this time, "American Telecom needs to make everyone aware of the existence of American Telecom!"
Jeff Skilling wants to apply what Enron did to America Telecom, invest heavily in it, then go public, continue to raise the stock price, and then continue to invest in more industries.
Song Yang shook his head. He was so confused that he had to raise billions of dollars from Wall Street for such a thing.
"It's very good, but it's not what America Telecom needs. America Telecom now needs broadband and fiber optic lines, not just in America, but lines in other overseas markets, America Telecom also needs them!"
America Telecom will definitely go public and cash out in the next few years. If you want those leeks, no, investors to generously donate money, America Telecom's data must be quite eye-catching.
To achieve this, it is nothing more than how long the broadband line is, how many users are covered, how big the future revenue will be, etc. Anyway, it seems that America Telecom is just a pile of gold. As long as you buy it, you will make money.
Whether it will suddenly explode from a golden pimple into a flying cloud in the future is a matter for the future. After all, even people can have accidents, let alone a company.
No matter what, companies such as qwest actually do not have their own broadband lines. They all borrow lines from other companies to operate. America Telecom bought these things. Apart from being good-looking, they are basically useless.
.
"I hope that America Telecom can make an offer to Wiltel Telecom, cooperate with Wiltel Telecom or even acquire it. This will make America Telecom become America's second-largest underground optical fiber company after Prince Telecom. ! ”
"In addition, America Telecom can cooperate with Prince Telecom, Canada Telecom, Mexico Telecom, France Telecom, Singapore Telecom and other network projects!"
Best and Enron have also come to their senses. Song Yang does not seem to want to fight too fiercely with giants such as WorldCom in America. Instead, he seems to want to overtake in a corner and take the lead in opening a gap in the overseas market. This Undoubtedly the lowest cost.
Competing with WorldCom and others is too expensive. The company has been fired in just a few days, which shows how crazy the telecommunications industry in America is. And the telecommunications industry in overseas markets is also It's heating up, but it hasn't reached the point where America is so fanatical. America Telecom is taking action now and can buy many companies.
"In addition to investing and acquiring other telecommunications companies, I plan to let America Telecom establish operation centers and communication chain stores in America and overseas markets."
Song Yang looked at the shocked expressions of everyone in the conference room and said, "The craze in the telecommunications industry will eventually subside. America Telecom also needs more business!"
"America Telecom's communications chain stores, in addition to handling various services of America Telecom and Telephone and Telegraph Group, can also sell routers, network cables, and even computers, mobile phones, VCDs and other electronic products!"
Song Yang is planning to follow the example of China Mobile. He will first open hundreds or even thousands of stores in America. If one day America Telecom becomes obsolete in the telecommunications industry, he will transform himself into the largest mobile phone retail channel provider in America. .
When the mobile phone era arrives in the future, before e-commerce has yet to emerge, it will be a modern era where channels are king. Which mobile phone brand can be supported by more channel sellers will have higher mobile phone sales.
It would be too wasteful for America Telecom not to become a mobile phone channel dealer. These mobile phone channel stores will not be eliminated for at least ten to twenty years, and they can contribute huge cash flow every year, and they can also handle those mobile phone brands.
Of course, if America Telecom's mobile phone store chain is established, then Song Yang will not need to worry about sales channels when entering the mobile phone industry. It will be enough to sell it directly in his own store!
Best, Kenneth, Jeff Skilling, Jian and others all looked at Song Yang in shock. They all knew that Song Yang was good at playing tricks, but that he was so good at it was beyond them. anticipation.
If America Telecom develops according to Song Yang's plan, no one knows what America Telecom will become in the future. But if one day, America Telecom suddenly announces that it will become America's largest electronics retailer, even a department store retailer, I'm afraid Best and the others don't do anything weird, I'm afraid Song Yang can really play it!
"This is a heavy investment, Song, you have to think carefully!" Best reminded Song Yang.
To build so many chain stores, it is necessary to buy stores, lease stores, and recruit store personnel. This will require America Telecom to invest huge amounts of money. If these store channels do not develop, or mobile phone sales are sluggish, America Telecom may be dragged down in an instant. collapse.
Of course, if this develops, it will be a different world. Think about it, in addition to the telecommunications business, it also has the largest mobile phone retail channel in America. I am afraid it will be blown to the sky by the Wall Street gang!
"I see!"
Song Yang stretched out his hand and said, anyway, he will definitely not invest money himself. America Telecom will find Deutsche Bank, Goldman Sachs, Citigroup and other banks to raise money. This industry requires such a huge investment, and Song Yang is not willing to take risks. He has Wall Street money.
It would be too wasteful not to burn it.
"So," Song Yang stood up and said, "American Telecom should have reached an agreement with you. America Telecom will start planning and select a suitable CEO!"
After the hotel conference room door opened, everyone filed out. Tonight, America Telecom will hold a grand party in New York to celebrate the completion of America Telecom's reorganization.
News about American Telecom also began to spread quickly. After Best returned to Telephone and Telegraph Group, after the Telephone and Telegraph Group's board of directors resolved, he was the first to make an announcement. When he saw Telephone and Telegraph Group announcing that it would merge its broadband business with American Telegraph
, when it was actually sold, the entire telecommunications industry was in an uproar!
Telephone and Telegraph Group previously announced that it would start cooperation with America Telecom. Even though some people expected this, they did not expect it to happen so quickly.
As America's largest giant company, it sells cubs so fast that it can be compared to giant pandas drinking Wangcai milk.
Moreover, the Telephone and Telegraph Group was really willing to give up. Even its peers such as WorldCom, Princeton, and Qwest did not expect that the Telephone and Telegraph Group would kneel down so simply.
However, Wall Street seems to be very optimistic about this deal. After the news was announced, the share price of Telephone and Telegraph Group, which had been rising sharply in the past few days, once again achieved great fanfare, and the share price skyrocketed!
Wall Street doesn’t care if Telephone and Telegraph Group sells its broadband business, is it selling its future? They only care that Telephone and Telegraph Group completes its downsizing and will not make much money. It also invests in huge broadband lines and sells them. Next quarter’s performance of Telephone and Telegraph Group
It will be more eye-catching.
After the Telephone and Telegraph Group, Enron also issued an announcement. Enron did not mention how much money it spent on America Telecom. It just kept promoting that Enron's investment in America Telecom meant that it had invested in the most popular telecommunications and Internet industries. This was the head of Enron.
Kenneth made another great and wise decision. It seems that this 5% stake in America Telecom will allow Enron to obtain huge profits.
But the market is obsessed with this, and any value investment is bullshit. Only good bragging is the right path in the investment industry. No matter how good you do, it is not as good as speculating. As soon as the news came out, Enron’s stock price rose sharply. Compared with
Telephone and Telegraph Group will rise much more!
America Telecom was not idle either. It revealed America Telecom's plan to a New York tabloid media on the same day.
"Silicon Valley's own telecommunications company", America Telecom first launched such a banner to warm up for entering the Silicon Valley market, and all it took was to shout out that sentence, if you don't use America Telecom, you are not from Silicon Valley!
Then he announced an extremely large-scale plan. Whether it can be achieved or not, Wall Street is excited anyway. America Telecom announced that in the next three to five years, it will establish a global Internet IP center in North America, Europe, and Asia.
Chapter completed!