Top of the Great Era

Chapter 1402 The traditional communication era is over

Sun Zhengyi knew the meaning of Zhou Buqi's words very well, he just wanted to persuade himself not to think about acquiring Sprint.

The time, energy and money saved are mainly used to develop the entertainment industry.

This is a big market with great prospects.

But he obviously couldn't be fooled so easily.

He wants to be a communications operator and wants to acquire Sprint. Such an operation is in line with his consistent investment philosophy for the past two decades, namely the "time travel theory."

If the Internet market in mainland China is five years behind that of the United States, in a sense, it is a fixed space and time travel.Standing on the land of the mainland, it seems to have traveled to the Internet environment of the United States 5 years ago.

In this way, investing is easy.

Take a look at some of the best tracks in the United States five years ago, and then find the right direction to invest in. The road to success in the United States will be repeated in a different way on the mainland.

He wants to acquire Sprint because the external environment in which Sprint is now is very similar to Vodafone, the Japanese operator four years ago.In Japan, Softbank acquired Vodafone, then quickly adjusted its strategy and deepened its cooperation with the Internet. It quickly reversed the situation and relied on the exclusive opportunity to sell the iPhone to leap forward and flourish.

Under the theory of time travel, buying Sprint now is equivalent to going through the success of Softbank in Vodafone again. How safe is it?
This kind of big business worth tens of billions of dollars cannot be easily started.If you really want to do it, you must have a strong theoretical foundation.

Sun Zhengyi thinks that at the theoretical level, it is more practical to win the Sprint case.

Having dealt with him for so many years, Zhou Buqi was already very familiar with him. Seeing him silent, he basically guessed his thoughts, and said indifferently: "I know your investment philosophy, and you have a very brilliant investment experience. I also admit that investing according to the method of time travel is effective and often achieves unexpected success. However, there is a fatal problem.”

"is it?"

Sun Zhengyi looked up at him.

Zhou Buqi said: "The times have changed! If you are in the same era, your investment philosophy is feasible. In the same era, it is nothing more than a question of who comes first. The latecomers will always follow the path of the first movers. But in the new era, we need to find a new path and complete the replacement of old and new. Just like the iPhone, Jobs did not follow the old path of Motorola and Nokia in the past ten years, but opened up a new track.”

Sun Zhengyi nodded and said "hmm".

Zhou Buqi concluded: "Under the dislocation of the times, the development direction of the old and new environments will also be dislocated, and time travel will be meaningless."

"It's a different time now?"

"We will be greeted by the era of smartphones, the era of mobile Internet! Vodafone's successful experience occurred in the era of PC Internet. If you want to copy this model in the era of mobile Internet, this will inevitably be a strategic dislocation under the dislocation of the times. .”

"Yes."

Sun Zhengyi was quite emotional.

Zhou Buqi said: "Ziweixing is pushing Apple and Google to update the operating system and launch the message notification function. This means that the deep integration of smartphones and mobile Internet will further promote the development of OTT."

Sun Zhengyi said: "The communication industry association is thinking of a way."

"Find a way? What can they come up with?" Zhou Buqi was a little amused, "Relying on the new RCS model? This thing is nonsense."

Lu Qi coughed lightly, and added: "After the launch of the RCS plan, it was quickly welcomed by communication operators all over the world. But this is mainly for wireless Internet, for feature phones and multimedia phones. Previous users Chatting through MSN on mobile phones, or products such as Yahoo Messenger, Google Talk, and mobile QQ will affect the revenue of text messages. But our President Zhou is right, the times have changed, and the era of mobile Internet has come.”

Zhou Buqi said eloquently: "In the era of wireless Internet, mobile phone applications will only affect the revenue of operators' SMS services. But in the era of mobile Internet, OTT applications for smartphones will completely replace SMS services!"

Masayoshi Son struggled a bit, "The RCS agreement will be further updated and upgraded."

Zhou Buqi said with a smile: "Of course, the operators will not let it go, and will work hard to keep their own territory, but they can only follow the ass of the Internet wave and eat ashes, and they can only fortify everywhere. In the final analysis, the industry's leading Sexuality is determined by the density of talents. The highest density of talents in the Internet industry must represent the most advanced productivity.”

Sun Zhengyi was very embarrassed, "For the case of Sprint, we have dredged up the relationship with four congressmen."

Lu Qi made a joke: "It's better to stop the loss in time."

Zhou Buqi delivered another fatal blow, "Actually, the OTT of mobile Internet to communication operators is not just SMS business?"

"Ok?"

"Now that the 4G standard has been finalized, major cities such as Los Angeles, San Francisco, New York, and Seattle have also begun to build 4G base stations. Old Sun, the era of online video calls is coming."

"hiss!"

Sun Zhengyi gasped and gave a violent shudder.

In the past, Internet calls could only be made through a computer.

One is that the mobile phone network speed is too slow, and the other is that the communication provider has strict restrictions on mobile phones.

In the past, the functions of feature phones and multimedia mobile phone systems were too weak, and they were all deeply bundled with operator services.The operator said that the mobile phone cannot make Internet calls, so the mobile phone cannot use this function.

However, smartphones are different.

The mobile phone operating system is no different from the PC operating system, and its functions are extremely powerful.Operators simply cannot limit the technical and functional expansion of mobile phone operating systems.

Coupled with the promotion of 4G network, the speed of mobile phone network has been greatly improved, and smart phones can complete epoch-making progress. You can use mobile phones to make Internet calls, and they are video Internet calls.

This is too sharp.

It is definitely a fatal blow to communication operators!
The main ways for operators to make money are phone calls and text messages, but they have been over-the-top passed by the Internet and consumers, and they have been beaten to pieces!
If only the semi-closed market is fine.

Such as mainland China.

Communication operators are all state-owned enterprises, and they are both referees and athletes.The game can't be compared, you can modify the rules or pull the frame.

Relevant regulations have been issued in China to prohibit mobile phones from using Internet calls such as Skype or FaceTime, so as to protect the interests of communication operators.

(WeChat video calls are not Internet calls, there are many restrictions, and callkit is not allowed. But there are ways to circumvent this restriction, just pretend to be a foreigner, buy a US version of the phone, use a foreign phone number, and then not download Instead of WeChat, download Wechat, and when you make a video call, it is an Internet phone. The signal is more stable and the picture clarity is better, so that you can feel the real technical strength of WeChat.)
But the developed countries in Europe and the United States can't do it, and Sprint can't do it.

They cannot enjoy such policy protection.

It is bound to suffer from the heavy hammer of Internet giants.

Sun Zhengyi is a great internet god. He immediately realized that the arrival of the mobile internet will have a greater technical impact on all walks of life. He couldn't help feeling, "Yes! The traditional communication era is over!"

Zhou Buqi said: "The concept of paying for calls is outdated, and the world will inevitably change."

This time, Sun Zhengyi was silent for a long time.

Zhou Buqi was not in a hurry, and exchanged some ideas about the message notification function with Lu Qi with a smile.

Sun Zhengyi said suddenly, "How is the news notification going?"

Lu Qi said: "The Android side has already agreed that the system will be updated next month, and the Apple side is still in operation."

Zhou Buqi sent out an invitation, "Tomorrow I will meet with Jobs, and you will come too?"

"Okay." Sun Zhengyi accepted the proposal, and he wanted to talk to Jobs about his views on the communications industry, "By the way, you came to me, didn't you want to talk about the entertainment industry!"

Zhou Buqi snorted in his heart.

What I said just now was just making a fuss about the entertainment industry!If you don't give up your idea of ​​acquiring Sprint, how can you pay attention to the entertainment industry exhaustedly?

"Well, there are two main things. The first thing is that the boards of directors of Comcast and NBC Universal are going to conduct the first round of acquisition negotiations. On the 5th of next month, I will participate as an acquisition consultant."

"Oh."

Sun Zhengyi frowned slightly.

Zhou Buqi said: "The second thing, this is the most important thing, I got the latest news that Disney intends to acquire Marvel."

"Marvel?" Sun Zhengyi was stunned for a moment, "Isn't that a comic company?"

Zhou Buqi didn't expect that he didn't know anything, so he was angry and funny, ""Spiderman", "X-Men" and "Iron Man", these are all the world's best-selling movies adapted from Marvel comics."

Sun Zhengyi was a little surprised, "What does this have to do with you? Could it be that the case you are talking about that is a hundred times more important than the MGM acquisition is Marvel?"

Zhou Buqi said indifferently: "I am a shareholder of Marvel, and I hold 20% of the shares."

"Oh?" Sun Zhengyi raised his eyebrows, his eyes became hot, but then he thought of something, and looked suspicious, "There is a lot of water in your words, I remember... I remember that "Spider-Man" is not a movie made by Sony ?"

Zhou Buqi coughed lightly: "Yes, Marvel sold the copyright of Spider-Man to Sony. But there are thousands of superheroes under Marvel, and the loss of one Spider-Man has little impact."

Sun Zhengyi narrowed his eyes slightly, "You mean...you don't want Disney to complete the acquisition of Marvel?"

Zhou Buqi said: "The OTT of the Internet will also have an impact on the traditional film industry. The era of the six Hollywood giants monopolizing the market with channel advantages will change under the influence of the Internet. The role of channels will decline, and the role of content will be reduced. Rising. Marvel is the kingdom of content. If we really want to join forces in the entertainment industry, Marvel is a very important and indispensable component."

"But don't you say that Disney has taken a fancy to Marvel."

"Find a way to disrupt and sabotage this deal."

"You only have 20% of the shares."

"I don't have enough right to speak, so I can borrow the influence of the capital market." Zhou Buqi smiled, "The tonality, philosophy, and values ​​of Marvel and Disney do not match, which is why Disney wants to operate this case in secret. Disney The internal resistance of the company is quite strong, and the capital market will not be optimistic. Now it is mainly promoted by the chairman of the board of directors of Disney, Iger and the major shareholder Jobs.”

Sun Zhengyi asked: "What do you want to do?"

Zhou Buqi said: "I guess someone will accidentally leak the news to the media, causing this secret case to be made public, putting pressure on Disney's stock price."

Ning Lu was in a daze, stunned.

It turns out that the big boss is so disrespectful of business ethics, he is really dark!
Sun Zhengyi had a flat expression, and nodded in agreement, "Well, I also think that such an accident will definitely happen. It is the most difficult to keep secrets in such a big merger and acquisition case."

(End of this chapter)