Chapter 477: The Rise of All the Heroes in the American Communications Industry (Continued)

Such impressive career achievements have nothing to do with William McGovern being a super workaholic. He works 15 hours a day, which makes the madman Tang Huan feel ashamed. ,

As a result, William McGovern has also developed a habit of never leaving his cigarettes and coffee. Every day he smokes three packs of cigarettes and drinks 20 cups of coffee, which is really amazing.

In order to entertain William McGovern, the CEO with full of personality, Tang Huan specially made the best coffee. The aroma of coffee beans filled the reception room.

"Don, you really have a heart." William McGovern narrowed his eyes and savored carefully for a long time.

"It's hard to say that a friend comes from afar." Tang Huan smiled slightly.

"Don, first of all, I want to thank you for allowing Pacific Communications to allow access to its local telephone network. Other Bell companies are not so friendly." William McGovern changed the subject and quickly got to the point.

"You don't have to be polite, just come and go." Tang Huan waved his hands indifferently.

As a new microwave communication company, it moved AT&T's long-distance telephone business, which is the most lucrative cheese, and naturally provoked a merciless attack from the other party.

For AT&T, which has monopolized the U.S. telecommunications industry for a long time, there are too many ways to deal with this melon egg. The only way is to firmly resist the pressure from all parties including the U.S. Department of Justice and refuse to connect to the Internet. His own local telephone network made the other party almost collapse several times.

If it weren't for William McGovern's good management skills, the game would have been over long ago. It was the day when AT&T was forcibly dismantled.

After forcing the old opponent who was on top of him to fall apart. The problems encountered are still there.

Gein doesn't have long-distance phone business though. They do not have the monopoly power in the whole United States, but the local telephone business they retain is in a favorable monopoly position in their own territory.

No one is willing to hand over their cakes and share them for nothing. The negotiating partner they are facing is just changed from the original "Ma Bell" to "Little Bell", which is also very difficult.

The reason why the gap can be opened here at Pacific Communications is entirely because of the low price in exchange. Provide users with access to Pacific bbs, mail system, online game mud and other services throughout the United States.

Although the number of users of Pacific bbs, mail system, and online game mud is growing rapidly,

But no clear pattern of profitability has been seen, so it is not to be seen.

Tang Huan used his boss's authority to urge Pacific Communications to complete the transaction, which even aroused the dissatisfaction of AT&T.

But Tang Huan still insisted that the number of users of Gein Pacific's bbs and mail systems has approached a critical point, and the characteristics of the network determine that once its scale breaks through this level, it will be a different world, and there will naturally be investment at that time Those who saw the situation clearly, cried and shouted to send the funds forward.

"I don't know. Can the connection between our two companies go a step further to reach the level of user access?" William McGovern asked tentatively with anticipation.

"The connection you mentioned is unilaterally eroding the existing network of Pacific Communications. If I make another concession, it will really seriously damage the interests of Pacific Communications." Tang Huan suddenly understood William McGovern's intention. Where the ambition lies, he immediately and clearly rejected it.

There are too many tricks in the telecommunications industry, just like the original time and space for broadband access services. Even if multiple operators coexist in a certain city, as far as a certain community is concerned, users who obediently pay the initial installation fee often have a choice Not big, only one carrier available.

Those who want to continue to enhance communication services are currently falling on this crucial "last mile", and the monopoly is so easy to break.

William McGovern wanted Tang Huan to make concessions on this advantage. He was simply greedy and foolish, and no one would agree to it.

Seeing Tang Huan's refusal so straightforwardly, William McGovern laughed out loud, and changed the subject again, "The spin-off of AT&T will officially take effect on January 1 next year, or it can be said that the actual Now they have already separated, and there is only one unified caliber. Obviously, there will be a good opportunity for leapfrog development."

Seeing the bright future that William McGovern was looking forward to vigorously, Tang Huan picked up his cup calmly and took a sip of the fragrant coffee.

In Tang Huan's view, although AT&T was forcibly split up, it did not mean that it could take advantage of the situation and kill all parties.

As the largest enterprise in the United States, AT&T has total assets of 165 billion US dollars and 1 million employees.

After its disintegration, AT&T retained 34 billion US dollars of assets, and the remaining 131 billion US dollars were divided among the regional operating companies that were separated, that is, Little Bell.

According to the ruling, these companies will eventually be listed and become public companies. At that time, the market value will inevitably skyrocket, almost like an IBM-like existence.

In the telecommunications industry, a large volume is almost equated with a large advantage. Although it has been in dismal business for nearly 20 years, the current scale is not enough. William McGovern is suspected of cheating.

Tang Huanzheng, who was at ease, was secretly amused, and suddenly William McGovern became excited, "We have raised 1 billion US dollars of funds from Drexel Securities, which will be used for the next expansion. This is a once-in-a-lifetime investment opportunity. Tang, do you intend to join in? At that time, the interests of Pacific Communications and China will not conflict."

I'll go, William McGovern, an old fox, is circling around, waiting for him here.

After Tang Huan muttered something to himself, he couldn't help but tremble, William McGovern was really courageous, his all-or-nothing attitude was close to that of a gambler.

Maybe William McGovern thinks that Tang Huan, who is entrenched in Silicon Valley and Hollywood, straddling the worlds of IT and entertainment, is already a rare genius.

But he would not have imagined that Tang Huan had hundreds of elite memories in his mind, and he was versatile. He never stopped secretly speculating in the capital market, so he was definitely not ignorant of the details of Drexel Securities in the investment banking industry. known. (To be continued..)