Chapter 113 AT&T Infighting

Since the Pentagon wants to participate in the Iridium project, the civilian satellite platform in Motorola's hands is naturally not enough. The quality and reliability requirements of military products and civilian products are not the same.

From the Pentagon's point of view, abandoning its own global satellite communication plan can save tens of billions of funds, which is more than enough for the development of fighter jets or other high-performance weapons. However, there is a big premise here that the communication system of Iridium is worth the resources spent by the Pentagon to support it.

Lockheed is the key to improving the reliability of Iridium. As the most prestigious arms company in the United States, Lockheed has always been a major supplier to the US Air Force and Navy. The aircraft and missiles they produce are sold all over the world. It enjoys a high reputation in the defense market. Every year, one-third of the Ministry of Defense's budget goes to Lockheed's pockets. But what most people don’t know is that Lockheed actually has a greater market advantage in the field of military satellites. They have almost contracted the production and launch contracts of all military satellites of the Ministry of Defense. It is definitely in the field of military satellites. The Uncrowned King.

Cooperating with such a military company is absolutely disruptive to the improvement of the quality and performance of Iridium. Eva can finally boldly throw off Motorola, a duplicitous partner, and use Lockheed's technology to eat the fat of the global satellite communication market.

Under the care of the Ministry of National Defense, Lockheed moved very quickly. After they signed the cooperation plan with Yota Communications, they immediately started the development of the first verification satellite with the technical staff of Yota Communications, and agreed After the end of the contract, all satellite technology related to Iridium will be transferred to Yota Communications. This is simply the most ideal way of cooperation. It is not that Lockheed has given up its plan to invest in the global satellite communications market. The fundamental reason why they are only participants in this plan rather than investors is that Lockheed currently has too many projects in hand. Yes, it's a waste of money. Huge financial pressure prevented Lockheed from spending money to develop new businesses. For Lockheed, orders from the Ministry of Defense always came first, and their opponent Northrop would never let him There is a moment of respite, if the slightest mistake loses the order from the Ministry of Defense, the cost of money, manpower and time invested by Lockheed will be wiped out, so for them, selling some technology to there is no competition It is actually the best choice to obtain more funds from a company with a relationship.

After Iridium Corporation announced the news of its cooperation with Lockheed Corporation to the market, there was another bloodbath in the capital market. Naturally, Bill Gross would not let go of this opportunity to slaughter his opponents. He used the largest funds he could mobilize to short Motorola's stock, but to his surprise, his opponent AT&T also joined the short-selling In the ranks of Motorola, AT&T is retreating regardless of cost. Motorola, which cannot check and balance Iridium, instantly became an outcast of capital. By the time of the close, Motorola's stock plummeted by 27%. The stock price was almost lower than that of KKR during the leveraged buyout, and a large number of speculators who speculated on Motorola's stock were harvested out of pocket.

At this time, within AT&T’s board of directors, the most important investors, Morgan Stanley and Goldman Sachs, could no longer bear the losses in the capital market. No one’s money came from the wind. Morgan Stanley and Goldman Sachs’ funds came from For the wealthiest class in the United States, if there are too many losses, it is absolutely impossible to explain to customers. So the scapegoat will naturally be traced to the management of AT&T.

Now the CEO of AT&T is no longer the Stephenson who was friendly to Yota Communications at the beginning. Half a year ago, the board of directors of AT&T changed.

Stephenson, who was not trusted, was kicked out by the majority shareholder and replaced with a trusted Jewish Abraham to take charge of the company. Although Abraham inherited the blood of the Jews, he did not inherit the brains of the Jews. He was arrogant and wanted to take Yota under his command, but he forced Yota to become the biggest competitor of AT&T. Now Goldman Sachs and Morgan Stanley can no longer allow such a person to continue to serve as CEO, and they jointly launched a forced palace against Abraham.

"You idiot, you idiot, you actually drove away an important partner of our group, but chose such an unreliable company as Cisco. Do you know how much money we have lost every day since the lawsuit started... ..." At the board meeting, Abraham was scolded bloody by the company's board of directors. After all, the CEO is still a wage earner, the company belongs to the shareholders, the boss can praise you to the sky, or throw you into the abyss.

"Sorry gentlemen, I will try to recover our losses, I have a new plan, we can cooperate with the European Postal and Telecommunications Congress..."

"Shut up, you idiot, I'm going to see your resignation report on my desk tomorrow morning." The investor reprimanded rudely.

"But gentlemen, my stock, options and severance package..."

"Get out..." The chairman looked at this idiot, he was so angry that he wanted to throw this guy off the roof, whoever said that Jews are smart, how could this guy be placed in the position of CEO in the first place.

After driving away Abraham, the board of directors began to discuss the candidate for the CEO and the company's next plan. At this time someone said: "I think we should invite Stephenson back. It is definitely a waste to let him retire so soon. For the current plan, we can only choose to continue to cooperate with Yota!"

"Stephenson and Yota's CEO have a good personal relationship, but if we go to ask Yota now, is there any possibility of cooperation?" Someone asked worriedly.

"Gentlemen, I think it's human-made. In any case, please invite Mr. Stephenson back. Even if we can't join the Iridium project, we have to fight for Yota's cooperation in the network solution market. Our network plan can't be advanced at all now. Cisco There are too many troubles, I suggest not to continue to cooperate with them!" The representative of Goldman Sachs said coldly.

"I agree!" Morgan Stanley's representative raised his hand in second.

...

A few days later, American Telegraph CEO Abraham announced his resignation, and former CEO Stephenson will take over the company. The first thing Stephenson did after taking office was to announce the termination of the partnership with Cisco.

It didn't take long for Bloomberg News reporters to spot Stephenson in Cambridge. ...

All novels, posts and novel comments on this novel site are updated by netizens! It only represents the personal behavior of the publisher, and has nothing to do with the position of this novel! The copyright of all the novels included in this site is owned by the author! The plot content and book reviews are his personal behavior and have nothing to do with the position of Aishu.com! All authors must abide by the national Internet information management regulations when publishing their works. We reject any pornographic novels. Once found , delete it!