Chapter 808 Hong Kong Telephone Company!

Yang Ming stood in front of the window, looking outside, and he thought of the mobile phone.

In terms of the present and the past life, Yang Ming felt that the most inconvenient thing might still be the instant messaging method.

In the past life, there was a mobile phone, and he could contact anytime and anywhere as long as there was a signal. Now there are only landline phones or car phones.

However, Yang Ming knew that the world's first mobile phone should be on the market soon.

The world's first mobile phone was invented by Martin Cooper, a technician in Motorola.

Martin Cooper, a technician in the famous Motorola company in the United States, invented the world's first mobile phone that civilians can use.

When the first mobile phone was invented and Martin Cooper used it to make a call, it could use any radio frequency band to make calls. In fact, the first generation of analog mobile phones used different frequencies to distinguish different mobile phones and different users.

The birth of the first mobile phone model gave people hope for wireless communication, but mobile phones have been on the market for 10 years. From 1973 to 1983, Martin Cooper led his team to make five technical innovations to the first mobile phone, each time successfully making the phone smaller and lighter.

As a result, the world's first mobile phone to be marketed was the DynaTAC 8000X released by Motorola in April 1983.

It was already the end of February 1983, and there was more than a month before the world's first mobile phone would be on the market.

Motorola spent a lot of time on this first, and Yang Ming didn't need to rush.

He knew that with the advent of the mobile phone era, it meant that the world was about to enter the era of global communications.

At this time, Yang Ming thought of it.

When global mobile phone communications were not popular, most citizens in Hong Kong actually used landline phones.

Even so, not every household in Hong Kong could afford to install landline phones, and only rich people could afford it.

Hong Kong Telephone Company.

The market value of Hong Kong Telephone Company is nearly 4 billion Hong Kong dollars.

Ranked ninth among Hong Kong listed companies, Hong Kong Telephone operates businesses including local calls, international long-distance calls, telegram services, etc.

It has 65 machine rooms in various parts of Hong Kong, with a total capacity of 1.93 million lines, of which 80% are telephone users.

Among them, Hong Kong Telephone Company is a company with very good profits, similar to Hong Kong Electric Company.

Before that, Jardine Matheson Group was the major shareholder of Hong Kong Electric Company, holding 38.8% of the shares.

However, in history, Niu Bijian and Simon Joseph of Jardine Matheson Group sold some assets in addition to cross-holding through their listed companies in order to protect Jardine Land from being swallowed up by Chinese capital.

Including, 38.8% of the shares of Hong Kong Electric Company under its subsidiary were sold to Cable & Telegraph Group of Country Y.

In other words, in history, Hong Kong Electric Company was eventually acquired by Cable & Telegraph Group of Country Y, and merged with Cable & Telegraph Group of Hong Kong to become Hong Kong Telecommunications Company.

Later, when the Hong Kong Telecommunications Company was about to be sold to Singapore by the Great East Telegraph Group of Country Y, it was acquired by the PCCW Technology Company, the second son of Li Jiacheng, and became the Telecommunications Company, which is also the most important asset and company of the Li Jiacheng family.

Now, Yang Ming is thinking about the Hong Kong Telephone Company.

He knows that the Hong Kong Telephone Company is of course impossible to sell to the Great East Telegraph Group of Country Y.

Not only can it not be sold to the other party, but also a way to acquire the Great East Telegraph Group of Hong Kong.

As early as 1936, the Great East Telegraph Group of Country Y had officially entered the Hong Kong telecommunications market.

During this period, the business of Great East of Country Y in Hong Kong developed rapidly.

In 1948, Great East of Country Y took over the telecommunications department of the Governor's Office Post Office, including radio station engineering, Kai Tak Airport communication equipment installation, observatory meteorological communications, etc.

In 1950, Great East of Country Y built the Mercury Building in Wan Chai as its administrative headquarters and international telecommunications technology center in Hong Kong.

In 1969, British Great East set up a satellite ground communication station in Stanley, and established telecommunications links with the rest of the world through two telecommunications satellites located over the Pacific Ocean and the Indian Ocean respectively.

With the rapid development of telecommunications business, Great East of Y country rebuilt the Mercury Building in Wan Chai in 1973 and built the International Telecommunications Building in Kowloon in 1975.

The new Mercury Building continued to serve as the group's Hong Kong administrative headquarters, and two optical fiber cables were laid between the two telecommunications buildings for telecommunications links.

In the 1970s, Great East of Y country also established two subsidiaries in Hong Kong to operate non-patent businesses: Asia Computer Co., Ltd. and Great East Communications Systems Co., Ltd.

The former mainly provides data processing services to Great East's customers in Hong Kong, and Great East holds 70% of the shares; the latter is mainly engaged in the design and management of telecommunications engineering, the distribution of specialized telecommunications equipment, data equipment and the provision of related professional services.

In June 1981, Great East and Wireless of Y country was reorganized and renamed Great East and Wireless Public Limited, and listed in London.

Country Y is the company's major shareholder, owning 50% of Cable & Wireless's common stock plus 1 share.

According to the company's articles of association, except for the government of Country Y, no person or organization may hold 15% or more of the company's shares, and the company's CEO must be a citizen of Country Y to ensure the control of the company by the government of Country Y.

At that time, Cable & Wireless Group had become one of the world's largest telecommunications groups, operating telecommunications businesses in 38 countries and regions around the world, with businesses in the Far East, South Pacific, Middle East and Africa.

In October of the same year, Cable & Wireless Group and the Hong Kong Governor's Office jointly established Hong Kong Cable & Wireless Limited, with Cable & Wireless holding 80% of the company's shares and the Governor's Office holding 20% ​​of the shares.

Hong Kong Cable & Wireless took over all the assets and businesses of Country Y Cable & Wireless Group in Hong Kong, including international telecommunications, installation of radar and navigation equipment, communication services for Kai Tak Airport, program production of radio and television stations controlled by the Hong Kong government, audio equipment of the City Hall and Tsuen Wan City Hall, and computer operations of the Hong Kong Space Museum and Queen Elizabeth Hall.

The Governor's Office re-issued the international telecommunications patent license to Hong Kong Cable & Wireless for a period of 25 years from October 1, 1981 to June 30, 2006.

At that time, Hong Kong Dadong occupied an important position in the Great East Telegraph Group. According to the information disclosed by Great East when it went public, as of the end of March 1981, Hong Kong Dadong's turnover and profit accounted for 29% and 60% of the Great East Telegraph Group respectively, and it was hailed as the "golden goose" in the hands of Great East.

Entering the 1980s, 1997 is getting closer.

Country Y, as the major shareholder of Great East Telegraph Group, is obviously the most clear about this.

With the arrival of 1997 in Hong Kong, it has become a question whether Great East Group can continue to operate its telecommunications business in Hong Kong, especially since the telecommunications industry is an important lifeline of the national economy and involves important secrets.

For this reason, Great East Telegraph Group began to deploy its long-term development strategy in Hong Kong to ensure the long-term interests of Great East in Hong Kong after 1997.

Obviously, the establishment of Hong Kong Dadong in 1981 was the first step of its entire careful strategic deployment and the first step towards localization.

However, now is not as it was in history.

Yang Ming knew that Hong Kong Telephone Company was not only a place to lay golden eggs and have stable profits, but more importantly, it involved confidentiality of information.

Especially now that the Empire Group was in contact through telephone, etc., it was impossible for him to hand over this company to someone else.

Chapter 4!

Please subscribe!!