Hong Kong Movies: You Hongxingzi, what the hell is the charity king?

Chapter 675 674 Guan Zu's new goal: How can the British control telecommunications sovereignty?

Chapter 675 "674" Guan Zu's new goal: Telecommunications sovereignty, how can it be controlled by the British? Hong Kong Telecom: Damn it!
"In fact, China has always attached great importance to telecommunications sovereignty!"

meeting room,
The president was in a good mood and happily poured Pu'er tea for Guan Zu.

"Hong Kong Island Telecom controls all of Hong Kong's fixed-line telephones and international communication lines. Cable & Wireless relies on its equity to firmly control it. This is not only a business, but also the 'throat' of Hong Kong Island's information."

The president said solemnly.

"These submarine cables connect the United States, Europe, and Southeast Asia, and a huge amount of commercial and livelihood information is transmitted through them every day."

"If sovereignty is not recovered, Hong Kong's information security and economic development after the return will be prone to problems."

"But the higher-ups haven't come up with a solution yet..."

"Because Hong Kong is too complicated, involving many forces, and it is also quite sensitive..."

Guan Zu nodded.

He knew a little about this.

1990 was a test, but the result was not perfect. British Hong Kong was relatively strong, and CITIC eventually paid 100 billion and got 20% of the shares, but in the end it was not able to get to the management table.

The country was already poor at that time, and 100 billion was still a lot of money, so after this incident, people didn't dare to be so radical anymore.

then……

It was not until 1996 that the higher authorities took the lead in organizing a joint consortium composed of Chinese investors in Hong Kong to acquire shares of Hong Kong Island Telecom.

Moreover, the market was quite cautious at that time and required that the acquisition must be carried out in accordance with market rules (that is, the acquisition must be carried out by local Hong Kong companies and funds).

This is the first time in the country that a proposal has been made publicly - to let Hong Kong Island's telecommunications sovereignty "return to Hong Kong Island"!
However, Cable & Wireless was very cunning in its acquisition intention and invited Singapore Telecom to negotiate. At that time, Singapore Telecom wanted to expand overseas because Singapore was too small and domestic telecommunications were already saturated, so it hurried to negotiate with Cable & Wireless.

then,

Cable & Wireless is hanging on to Singapore Telecom and domestic parties (Tianbo + Cable & Wireless), and the negotiation progress is very slow.

Moreover, Datong Telegraph had greater ambitions. Not only did it want to sell at a good price, it also put forward unreasonable transfer conditions - asking Dongda to promise to allow Datong Telegraph Company to have priority access to Dongda's telecommunications market in the future.

In other words, Cable & Wireless set its sights on the huge domestic market of 10 billion people.

How can this be?

There is absolutely no way that Todai would allow this.

This acquisition lasted until 1997, and it was not finally completed until 1998.

The entire acquisition took nearly two years.

The negotiations went through many twists and turns, with discounts of 40%, 50%, 60%, and 70% before it was finally settled.

And now,
With the appearance of Guan Zu, the initiative is no longer in the hands of Britain.

Everything is very different!

Guan Zu said: "In this case of the Political Department, the Hong Kong Island Telecom Company played an ignominious role. I will use this as an opportunity to stir up public opinion, and then propose anti-monopoly legislation against Hong Kong Island Telecom in the Legislative Council and split it up."

The fixed-line business can be split off and other companies can compete with it.

There are also international communications business, mobile communications business...all of which can be dismantled.

Here, a question arises: "What about the underground communication cables? We can't split them all together, right?"

The cable system cannot be disassembled; it is a systemic thing. If it is disassembled, systemic risks will arise.

What should we do? We can’t lay new communication cables for every new company, right?
This is easy to solve.

This is a common practice internationally.

That is - a lease agreement.

Hong Kong Island Telecom is required to rent out these infrastructures, and the rent will be agreed upon and cannot be higher than a certain amount.

Guan Zu: “As long as the split is completed, our possibility of acquisition will become much greater.”

After hearing this, the president nodded repeatedly.

"This is good, this is good!"

"As expected, young people still have more ideas."

According to this plan, the progress of "telecommunications sovereignty recovery" will be greatly accelerated.

What’s more, the bigger advantage is that the entire acquisition process is carried out by Hong Kong capital.

I am from Dongda University, I am innocent!
I'm from Dongda University, and I didn't do anything!
Simply perfect!
……

22 points,
Guan Zu finished his talk, finished his work, and came out of Huaxin News Agency.

20 minutes later, I returned to my home in Causeway Bay.

Upon entering the door,

"Oh~~ My dear son, Daddy is back~~~"

Guan Zu held his son high.

Prince Guan, who knew nothing, laughed out loud with joy.

The pillar of the family is back.

Three minutes later,
"Go play at Grandma Ling's house~~~"

Guan Zu threw his son into the crib and sent him to the Fang family next door.

"Sister Ling, please help me take care of the baby~~~"

Prince Guan: “…………”

You got it wrong, it’s not the pillar of the family, it’s the pillar of the mother!

Guan Zu ignored Prince Guan's crying and went home to play games with the sweet-smelling Ruan Mei and Fang Ting in his arms.

That night,

"Ling ring ring~~~~~"

Guan Zu was woken up by the phone call again.

He thought something had happened again and quickly got up to answer the phone.

Guan Zu: “Hello.”

Li Jie: "Brother Zu."

Guan Zu was speechless: "Are you kidding me? What time is it? It's already midnight and you're still calling me."

Li Jie: "Ah? Sorry, I forgot about the time difference."

Guan Zu: "…………, anyway, I'm awake now, tell me, what's the matter?"

Li Jie: "I have a friend who is going to take a flight to Hong Kong Island this afternoon and then transfer to the mainland. Please arrange for someone to pick her up."

Guan Zu suddenly became serious.

He had seen the photo, and then...

Guan Zu: "What time tomorrow?"

Li Jie: "We will board the plane at 12 o'clock in San Francisco... The flight will take about 18 hours..."

Guan Zu calculated and said, "That is 21 o'clock tomorrow... OK, I understand. I will definitely connect you tomorrow!"

Li Jie: "Thank you, Brother Zu."

Guan Zu: "It's okay, it's what I should do."

……

Here in San Francisco,
Li Jie and Zhang Chunru were having tea and snacks at Fisherman's Wharf.

"He's your boss? So easy to talk to?"

“Once you meet him, you know he’s a good person.”

She could still feel the pure brotherhood between Li Jie and the boss, which she had rarely seen in her life because it was relatively lacking in American culture.

Li Jie: "Anyway, once you get there, he will help you make arrangements, and you can also spend a few more days in Hong Kong Island."

Zhang Chunru: “Thank you.”

……

a new day,
Hong Kong Island, which had just calmed down, began to stir up public opinion again.

October 10, Conference Hall

The Lin Group held a press conference.

"Dear journalist friends, today I want to strongly condemn the illegal actions of Hong Kong Island Telecommunications Company."

"Hong Kong Island Telecom, as the only monopoly company in Hong Kong in telecommunications services, has been assisting the Special Branch in illegally monitoring citizens' phone calls for decades, seriously infringing on the privacy rights of millions of Hong Kong people!"

"This includes illegal wiretapping by me and my company."

"They not only monitor specific targets, but also screen the conversations of ordinary citizens for keywords!"

All the reporters in the audience smelled the beginning of the big show again.

coming!

Next, there will be more excitement to watch.

Boss Lin's tone became more serious, filled with indignation:
"As a monopoly enterprise, Hong Kong Island Telecom should have assumed higher social responsibilities. But the fact is that they took advantage of their market monopoly to treat the citizens' communication security as a joke!"

The media asked the reporter of Five Star Daily to raise his hand and ask:
"Boss Lin, what do you think is the root cause of this kind of incident?"

Boss Lin said firmly:

"The root cause lies in monopoly! When a company monopolizes the market, lack of competition will inevitably lead to ineffective supervision. Hong Kong Island Telecom is both a player and a referee, and even the basic safety checks and balances mechanism has been deliberately ignored!"

"Moreover, their long-term monopoly has made them arrogant, and they have turned a blind eye to the basic information security and personal privacy rights of citizens!" "Here, I call for..."

"First, the Legislative Council must set up an independent investigation committee to first question the chairman of Island Telecom, and then send the police and the Independent Commission Against Corruption to thoroughly investigate all surveillance activities of Island Telecom."

"Secondly, monopoly and high profits have made Hong Kong Telecom blindly arrogant and even disregard the law. I hope the Hong Kong government can break the monopoly of the communications market and introduce a competitive mechanism;"

“Third, establish a long-term third-party regulatory agency to ensure that Hong Kong Island Telecom cannot arbitrarily transfer citizens’ call data!”

At last,
Boss Lin concluded: "Communication security is the basic right of every citizen. I hope that Hong Kong Island Telecom can accept investigation, rectification and supervision... I hope..."

……

noon,

ATV and TVB gave comprehensive coverage to this press conference.

We even invited experts to conduct a detailed analysis of Mr. Lin’s words and Hong Kong Island Telecom.

quickly,

This incident triggered a strong reaction from citizens across Hong Kong.

……

The stock market opened that afternoon.

The share price of Hong Kong Island Telecom fell in response.

……

Island Telecom, Building.

In the conference room, clips of Boss Lin’s press conference were played on a loop on the projection screen.

The marketing director looked serious: "At noon, TVB and ATV were reporting on this press conference. At the same time, our stock price on the Hong Kong Stock Exchange has fallen by 8%."

The head of the Legal Department: "What's more troublesome is that, judging from what happened to the Political Department last time, it is very likely that Guan Zu of the Five Star Group is behind this..."

"According to Guan Zu's habit, this press conference of Boss Lin is just a prelude, and there may be more bosses who will come forward."

PR Director: "Boss, can you please issue a statement to deny..."

CEO Bai Lide's face was terribly gloomy: "Of course, we will convene the meeting right away."

Because Island Telecom has a criminal record (Political Department wiretapping), most citizens will only believe Boss Lam and not Island Telecom.

However, Hong Kong Island Telecom must make this statement.

……

after an hour,

Hong Kong Island Telecom, press conference held.

"All monitoring activities are authorized and supervised by the Political Department..."

"Hong Kong Island Telecom has always followed the law and has absolutely no illegal conduct..."

"We strongly protest against Lin**'s groundless accusations..."

"Island Telecom has been making significant contributions to Hong Kong's communications industry..."

Then at night,

When TVB and ATV reported the news, they only briefly mentioned what Hong Kong Island Telecom said, and their comments were somewhat taken out of context and in a rather exaggerated style.

Finally, experts were invited to analyze:
"It's clearly against the law, but they insist that wiretapping is legal?"

"Every word is about contribution, but they forget the huge profits that the monopoly brings to it. As a public welfare facility..."

……

Island Telecommunications Building,

In the president's office, Reed was watching TV, furious.

"Shameless!"

"Fuck!"

At this moment, he felt the dilemma of Governor Ashdown.

Public opinion is controlled and no citizen listens to what they say.

He quickly called the Cable & Wireless headquarters in the UK and found the president, Brown.

"Mr. Brown, we are in big trouble now..."

Bai Reed explained everything on the phone.

On the other end of the phone,

Brown was in a club, hanging out with a group of friends. He was smoking a cigar, drinking red wine, and crossing his legs.

After hearing Bai Lide's report, he chuckled:
"Relax, Richard. The Union Jack is still flying over Hong Kong Island. The government will not sit idly by and watch the loss of communications sovereignty..."

Reed: "But..."

Brown waved his hand: "Okay, I have something to do now... You can have more contact with the Governor and senior government officials..."

After that, he hung up the phone.

On Hong Kong Island,

Bai Lide: “…………”

Listening to the beeping sound on the phone,

No, President, you have no idea about the current situation in Hong Kong Island!
The Five Star Group is very strong!
"Ling ring ring~~~"

The secretary called.

"Oh no, President, look at the TV, TVB and ATV have both released interview programs criticizing our company..."

Bai Lide quickly turned on the TV.

TVB channel, exclusive interview with Shao Daheng, criticizing Hong Kong Telecom for wiretapping him.

In switch,
ATV, exclusive interview with Mr. Fok, angrily condemning Hong Kong Island Telecom.

Bai Lide: “…………”

There’s no running away, it’s definitely Guan Zu taking action!

Bai Lide was now on full alert.

"No, I must go to see the Governor immediately..."

……

Hong Kong Governor's Office.

"It must be Guan Zu, it must be him!"

"hateful!"

“Bang~~~~”

Ashdown watched the interviews with TVB and ATV on TV and slammed the table in anger.

My heart was filled with joy.

Hahaha~~
New business is coming!
However, he had to maintain his image in front of his wife and secretary Alika.

This resulted in his mouth corners twisted in anger + curled up in happiness, the two strange expressions conflicting on his face, making his expression look very strange.

"Ling ring ring~~~"

At this moment,
Secretary Feynman, who also had a very strange look on his face, received a call.

"Mr. Reade?"

"Now?"

"Okay! Ok!"

After hanging up the phone, Feynman suppressed his laughter and reported to Ashdown:
"Boss, I just got a call from Hong Kong Island Telecom. CEO Bai Lide wants to visit you..."

Ashdown's eyes lit up.

Hurry up and suppress your pouting lips.

With a serious face, he said, "It's break time now. What is he doing here visiting me?"

"Tell him not to come to me unless it's something important!"

Feynman understood immediately that this was an attempt to raise the price.

"Yes, boss~~"

Feynman quickly called Hong Kong Island Telecom.

……

After half an hour,
Reed finally met Ashdown.

Anxious inside!

……

the other side,
A plane came from America.