"Jianhui, what do you think?" Liu Dong nodded clearly and then asked.
"I agree with Lao Zhang's view. Moreover, I think the 3G telecommunications industry and the Internet industry are somewhat similar. Both are new things entering the late 20th century. At the beginning of the 21st century, almost at the same time, something that almost subverted the entire industry happened.
Crisis. The difference is that the Internet industry has begun to get out of the quagmire of two years ago and is developing more and more rapidly. Now, more and more people have discovered the huge development potential of this industry in the future. This has been the case recently.
This can be seen from the popularity of stocks of Internet companies such as Dasco, Amazon, and Shoe.”
"Since the future potential of the Internet industry is huge, by analogy, will the future of the 3G telecommunications industry, which is also a new thing, be equally bright?... Of course, maybe as Lao Zhang just said, the brightness of the 3G telecommunications industry may come.
It will be later. But we should see that the European telecommunications industry is slowly getting out of the original crisis and gaining more and more profits by developing more and more 3G services."
"Although these profits have left giants such as Vodafone and France Telecom in a stage where they cannot make ends meet. But with the cultivation of the 3G market and the advancement of mobile phone hardware, the cake will always get bigger and bigger. By then, companies that have entered this market in advance will
Undoubtedly, it has more advantages than the latecomers! And advantage means status in the telecommunications industry, status means the right to speak, and the right to speak means that you can make more profits!"
"So, if the chairman is really interested in the 3G telecommunications industry, now is the best opportunity! With Hutchison Telecom cooperating with us, our own employees can grow up as quickly as possible. Moreover, the two companies share the cost of hardware installation
, and also enable our telecommunications company to achieve profitability as soon as possible.”
"So. Do you agree with us to enter the 3G telecommunications industry?"
"Yes!" Feng Jianhui nodded, "Now, more than 20 companies under the group have basically entered a period of stable growth. Except for a few, most of them are not suitable for She Tunxiang-style corporate mergers and acquisitions.
.But the group needs to develop, and the 3G telecommunications industry has broad prospects. I think it should be the next focus of Hanhua Investment!"
After nodding his head in understanding, Liu Dong looked at Zhang Fan and said, "Old Zhang, what do you think?"
"I agree with Mr. Feng's opinion, but the investment in the 3G telecommunications industry is too huge. Even now, licenses in European countries are not as expensive as they were at the beginning, and in order to promote the development of their respective 3G industries, European countries have also introduced some
Strong policies. But if we don’t have tens of billions of dollars in capital investment, I’m afraid we won’t be able to become a truly internationally influential telecommunications giant.”
Zhang Fan's words were a little cautious. He was a little worried that Liu Dong's investment in the 3G telecommunications industry in Europe would take up the funds originally planned to acquire Yahoo.
"We can choose one of the three major European countries, Britain, France and Germany, to focus on development. With the cooperation of Hutchison Telecom, two to three billion US dollars should be enough! And with this money, Emperor Entertainment's income can also support it. If
If it doesn’t work out, it’s not difficult for us to get a bank loan of one billion U.S. dollars,” Feng Jianhui said.
"No!" Liu Dong slowly shook his head, "If we only invest two to three billion and target one market, we will not be able to become a telecom giant with industry influence. If this is true, then what will happen to the current Hanhua Group?
To put it bluntly, this investment is a failure!”
Now, simply making money can no longer satisfy Liu Dong's appetite! What he needs is the status and influence brought by his subsidiary companies.
Being a corporate giant with industry influence will undoubtedly significantly improve Liu Dong's global economic and even political status.
This is what he wants.
"But in terms of funds...?" Feng Jianhui hesitated.
"Sell the shares of Microsoft and Hasbro!" After thinking for a while, Liu Dong said firmly.
"I understand!" Feng Jianhui nodded seriously.
He knew that Liu Dong was determined. Moreover, now that the stock prices of Microsoft and Hasbro have returned to the "standard Chartered bank crisis", they can make a lot of money from selling.
"With the money from selling these stocks, plus the group's self-raised funds, it should be able to reach 10 billion US dollars, right?" Liu Dong asked.
"Yes. That's enough!" After a simple calculation, Feng Jianhui nodded.
"That's great! But, can US$10 billion allow us to set up two-band equipment in the three major European countries of Britain, France and Germany?"
Liu Dong hopes that future telecommunications companies will be able to cover signals in Britain, France and Germany, and this will require three bands.
But because of the cooperation with Hutchison Telecom, the two bands became Liu Dong's requirement.
"Unless our funds can reach 20 billion US dollars, it is simply impossible!" Feng Jianhui said with a bitter smile.
Even though the price of 3G licenses in these three countries has dropped a lot due to the telecom bubble, it is still not a small number. And there is investment in hardware equipment. Therefore, being able to operate a band between the three major European countries,
10 billion US dollars is very tight, let alone two bands?
"I know!" Liu Dong nodded.
"Jianhui, I will leave the establishment of Hanhua Telecom to you. In addition, I will personally tell David about the sale of shares of Microsoft, Amazon and Hasbro. In addition, you are the president of Standard Chartered Bank, and you are in charge of the merger and acquisition of Yahoo!"
As for the matter, you should cooperate with Zhang Fan to discuss it."
"What about the leadership of Hanhua Telecom?" Feng Jianhui asked.
"Let the headhunters hurry up and look for them! Of course, if you have suitable candidates, you can also recommend them to me!"
"clear!"
"Okay, we've finished talking about the business! Let's go, I'll take you out for dinner! It's time to rest!" Liu Dong stood up and said with a smile.
"Then we would rather be respectful than obey orders!" Zhang Fan said with a smile.
The plan to acquire Yahoo was finalized, and after seeing the hope of success, Zhang Fan felt relieved.
"Okay, let's go!"
After simply packing up his things, Liu Dong took Feng Jianhui and the two of them out of the house. After lunch at the famous Peninsula Hotel in Hong Kong, he went to Hanhua Group's headquarters in Tsuen Wan and toured ATV in the afternoon.
By evening, Liu Dong had arrived in Macau.
After finally coming to Hong Kong, I always had to go and have a look at the ‘Emperor Entertainment’ across the water! This is the super money printing machine with the lowest cost and the highest output in Liu Dong’s hands.