Reborn since 1993

Chapter 1270 The Trilogy of Selling Crutches

Li Dongling extended his hand to Nakamura Takeo. Although the conditions proposed by Nakamura Takeo were somewhat risky, they were already acceptable to Dongling High-Tech.

Although Shenzhou Global Communication is going to endorse PHS 2G technology, it is actually JPX that is suffering. Nakamura Takeo's move has basically forced JPX to stick to the PHS technology path.

What will become of PHS in the end? Even the philanthropist Li can't guess. But it's highly likely that PHS will wither away overseas while continuing its revelry in Japan.

PHS technology may become like hydrogen fuel cell vehicles, a niche industry only for Japanese companies.

However, Nihon Telephone & Telegraph Company abruptly abandoned the project. While claiming that it would never give up on PHS technology, it began to deploy GSM base stations, thus securing a backup plan for Nihon Telephone & Telegraph Company. Even if PHS failed, Nihon's communications market would still be in its hands, and no one could take it away!
As for Shenzhou Global Pass, it officially entered the Japanese mobile phone market by taking advantage of Japanese telephone and telegraph services, and made sure to earn what it could first!
Backed by Japan's largest telecommunications giant, Shenzhou had a good chance to gain a foothold in Japan's feature phone market, one of the world's most conservative mobile phone markets, by offering contract phones before the advent of smartphones.

It's worth noting that SoftBank, one of Japan's three major mobile operators, gained a 21% market share in the Japanese telecommunications market by exclusively distributing Apple contract phones in Japan.

Contract phones are indeed a powerful tool for grabbing the mobile phone market. At least before the rise of online sales channels, the closer a mobile phone brand got to telecommunications operators around the world and the more contract phone orders it received, the larger its shipment volume would be!

"President Nakamura really goes to great lengths for Nippon Telegraph and Telephone Company. It's a blessing for Nippon Telegraph and Telephone Company, Nippon NTT Mobile, and even Nippon Telegraph and Telephone Company to have President Nakamura!"

Li Dongling flattered Nakamura Takeo.

Nakamura Takeo glanced at Li Dashanren, sensing that these words didn't sound like anything good.

"Everything I've done has been for the shareholders, investors, and users of Nippon Telegraph and Telephone Corporation. I've never had any selfish motives!"

Nakamura Takeo said without batting an eye, "As the head of Nippon Telegraph and Telephone, what I need to do is increase Nippon Telegraph and Telephone's revenue, get more dividends for the board of directors, and provide for employee salaries. As for the other minor infamy, future generations will prove my innocence!"

"Mr. Li, you will never regret your decision today!"

Nakamura Takeo hinted to Li Dongling, "As long as Nippon Telegraph and NTT Mobile can maintain their performance this year."

"Next year, I will list Nippon Telegraph and Telephone in America and London. At that time, Nippon Telegraph and Telephone will have the opportunity to become one of the world's most valuable telecommunications companies!"

Looking at the ambitious Nakamura Takeo, Li Dongling couldn't help but admire his ability to find opportunities.

We are currently in a period of internet frenzy, and industries related to the internet, such as telecommunications, computers, mobile phones, and media, have all experienced explosive growth.

Choosing this time to launch Japan Telegraph and Telephone in America and London will likely garner much praise.

"I trust President Nakamura to not disappoint the board of directors of Nippon Telegraph and Telephone."

"However, I wonder if President Nakamura has ever tried to get more investors in America and around the world to support Japan Telephone and Telegraph?"

As a professional pie-in-the-sky philanthropist, Li Dashanren couldn't help but want to paint a big pie for Nakamura Takeo at this moment.

Nakamura Takeo looked at Li Dongling with confusion, wondering what Li Dongling meant by those words.

“If Japan Telegraph and Benzene were to go public in America, it would likely be listed on the NYSE as a traditional blue-chip stock, right?” Li Dongling said.

Although telecommunications stocks have started to gain popularity, they are still considered traditional concept stocks, and many people regard this industry as infrastructure companies.

This naturally has both advantages and disadvantages. The advantage is that telecommunications companies are favored by conservative investors, who prefer to invest in industries such as banking, shopping malls, aviation, and telecommunications.

There may be no surprises, but the annual performance can be estimated, and there are dividends every year. The stock price may not rise much, but with these conservative investors supporting it, the market value will not be too low.

If Japan Telephone and Telegraph were to list in the United States, it would most likely follow this path. Not only Japan Telephone and Telegraph, but also the three major mainland Chinese telecom operators in the past were listed on the New York Stock Exchange as blue-chip stocks in the United States.

Of course, the three major mainland operators took a different approach than Japan Telecom. Japan Telecom actually shared profits, while the three major mainland operators used money invested by Wall Street institutions to frantically deploy base stations and signal towers throughout the country, effectively covering every corner of the country with signals.

This resulted in the three major mainland Chinese telecom operators, during their listing in America, distributing dividends but generating negative returns for Wall Street year after year. They never broke even and eventually walked away.

Wall Street's plan was to exploit the Chinese mainland's three major telecom operators to fleece domestic investors, but they didn't expect the operators to be even quicker...

Nakamura Tadao nodded, unsure of Li Dongling's intentions. "Mr. Li, what do you want to do?"

"Let Japan Telephone & Telegraph be listed on NASDAQ!"

Li, the philanthropist, directly painted a rosy picture: "Given the conservative investment style of the NYSE, even if Japan goes through telephone and telegraph, its market value is unlikely to exceed expectations."

"But if it were listed on NASDAQ, given the current internet frenzy, if JP Telephone and Telegraph were not only a telecommunications operator but also an internet service provider, what would JP Telephone and Telegraph's market value be?" Nakamura Takeo was thrilled to hear this. If it were truly listed on NASDAQ as an internet company...

The valuation of that day-to-day telephone and telegraph company could not be calculated using the traditional company valuation method; its valuation would skyrocket.

But then, Nakamura Takeo added with a hint of helplessness, "Even if Japan Telephone and Telegraph Company wanted to change its identity and become an internet company, you know how Japan's internet industry is..."

Japan's internet industry is practically a mess, a fact that even Takeo Nakamura had to admit. To date, the only Japanese company that has made a significant impact in the internet sector is SoftBank's Masayoshi Son.

However, Masayoshi Son is not famous for founding any famous internet company, but for investing in internet companies such as Yahoo outside of Japan.

If Masayoshi Son, the number one internet figure in Japan, is like this, then Takeo Nakamura is an even more clueless outsider when it comes to the internet. Given the half-dead state of the Japanese internet industry, what kind of saga can he possibly come up with?
"President Nakamura is really blinded by a single leaf!"

Li Dongling smiled and said to Nakamura Takeo, "Could it be that SoftBank can invest in internet companies, but President Nakamura can't?"

"Isn't the current downturn in the Japanese internet industry an opportunity for President Nakamura?"

Upon hearing this, Nakamura Takeo's eyes suddenly lit up. He had indeed fallen into a mental stalemate, his eyes fixed solely on the island of Nihon.

If Japan can't make a name for itself in the internet industry, then there are places where it can. With its deep pockets and immense wealth, what kind of internet company can't it buy?
Despite his flamboyant lifestyle and reputation as Japan's richest man, Masayoshi Son of SoftBank is far less well-connected and has far less access to resources and capital compared to Takeo Nakamura.

"But there's only one Yahoo!, so where does Japan Telecom need to invest in internet companies to..."

Before he could finish speaking, Nakamura Takeo saw the face of Li Dashanren, a man with the looks of a male celebrity, smiling broadly at him.

Nakamura Takeo suddenly "woke up" and looked at Li Dongling with a wary expression.

When it comes to the Asian internet industry, besides Masayoshi Son, who else is the most successful? Who else but Li Dashan, the philanthropist in front of him?

The philanthropist Li has concocted the concept of Silicon Harbor, and the news of building Asia's Silicon Valley in the port city has been widely circulated.

This wave of dividends boosted Cyberport's market value to as high as $50 billion. It's fair to say they were completely satiated by the benefits.

However, Nakamura Takeo was unsure about acquiring another company from Li Dashan.

Even if Takeo Nakamura doesn't admit that acquiring Xiaolingtong was a mistake, Xiaolingtong's current position is extremely awkward, and the entire PHS industry may even suffer a devastating blow.

The acquisition of PHS was certainly not forced upon Nakamura Takeo by Li Dashan, but Nakamura Takeo was already somewhat wary of Li Dashan. Who knew that something bought at a sky-high price as a treasure might become junk in a year or two? How could Nakamura Takeo dare to take such a risk?

Seeing Nakamura Takeo's wary expression, Li the Philanthropist couldn't help but touch the bridge of his nose. It's true, even Li the Philanthropist's reputation is being questioned now?
"President Nakamura, Dongling High-Tech didn't force you to buy the Xiaolingtong."

Furthermore, the technology in the PHS industry is controlled by Nippon Tobacco & Telecommunications, and has nothing to do with Toling High-Tech!

Li Dashanren reminded Nakamura Takeo not to blame everything on society, and that the uneven road might be due to human error.

"If President Nakamura is not interested in the Japan Telephone, Telegraph and Internet project cooperation, then I will not force him!"

Li Dongling stated directly that the promises made by the philanthropist Li were always honest and fair, and that he believed in voluntary acceptance of the promises and would never force anyone to accept them.

The flatbread smells so good, if Nakamura Takeo doesn't eat it, then plenty of people will!
Although it may cause indigestion for years after eating it, in the short term, it's like Popeye eating spinach, making you a strong man, at least you'll be in the limelight, right?
"you say!"

After hesitating for a long time, Nakamura Takeo finally couldn't help himself. Although he felt that the acquisition of Xiaolingtong mobile phones was a scam, to be fair, a large part of his success in recent years was due to the acquisition of Xiaolingtong.

Now that he has the opportunity to take it a step further, even if it's poisoned alcohol, Nakamura Takeo wants to taste its saltiness; he's so eager to improve!

"Today, the impression that Japan Telephone and Telegraph gives to the outside world is that of a basic telecommunications operator."

It's like owning a highway, but the most profitable transportation company running on that highway isn't Japan Telephone & Telegraph!

“Japan Telephone is not only a telecommunications operator, but also has so many users in Japan and Southeast Asia. Why do people only think of Japan Telephone when they make a phone call, instead of using it when watching TV, surfing the Internet, or for other needs?”

The philanthropist Li painted a rosy picture for Nakamura Takeo: telephone, broadband, television, and the internet.

(End of this chapter)