Reborn in America, I'm serious about making money.
Chapter 86 Golden Orange Telecommunications
Q-Telecom, a company listed in North America, received an important guest today; the guest identified himself as a representative of Gold Orange Telecom Holdings, a British company.
"I've never heard of your company." Adria was a little surprised and wanted to know what they did.
John Brown, a representative of Golden Orange, said: "We are a newly established communications company in London, ready to make a name for ourselves in the communications field; we have obtained all the necessary permits, but we would like to work with you."
Then he said with a smile, "We have high hopes for you. To show our sincerity in cooperating, the company now holds 4.99% of your shares. We're just a little short of making an announcement."
"How do we cooperate?"
"We will jointly establish a laboratory and share research results; we have high hopes for you and will continue to increase our holdings in your company's stock, becoming a partner in your company."
At this time, Q-Tong had not yet become a standard, let alone had any applications. The first commercial application was established in the Southern Dynasties, then in Hong Kong. Now, someone from an important region approached them, and the two sides began to cooperate.
It seems that the other party is very wealthy, and since they have already acquired 4.99% of the shares, they can certainly make further acquisitions.
Q-Tong went public last year and its current total market value is less than $700 million. However, since the other party wants to invest, let them invest. This matter has been approved by the board members.
They collaborated with South Korea in 1990, and now with London's Golden Orange Communications joining them, they feel they are not alone.
Thus, the two parties reached an agreement to jointly develop the C-network project.
However, unlike them, Golden Orange Telecom is also operating a G network project and has begun purchasing properties and building base stations, which requires a large investment.
Golden Orange Telecom's investment mainly came from loans, obtaining a credit line of approximately one billion pounds from Midland Bank to purchase properties and build base stations, as well as establish a broadband network.
Thanks to the connections they had with Midland Bank, things went very smoothly for them.
Golden Orange Telecommunications is a telecommunications company that Zhang San established in London. In his view, given Li Ka-shing's precedent, he can naturally borrow from it.
He made a fortune here. After paying off part of the loan, he transferred the rest to Midland Bank and Hong Kong Overseas Trust Bank, since debts can be deducted from taxes.
Before Christmas, Golden Orange Telecom, Q-Tong, and ARM reached a cooperation agreement, with ARM acting as an OEM for both parties and providing related chips.
At the same time, Golden Orange Telecom also began applying for 2G licenses and broadband licenses in Hong Kong for its operations there.
He owns a large amount of property in Hong Kong, which naturally provides more convenience for his operator services. As for whether he succeeds or not, that doesn't matter.
Meanwhile, Hutchison Whampoa's RABIT project, which it was collaborating on with here, is now facing difficulties, and they are considering whether to abandon the project; far away in Hong Kong, Li Ka-shing is watching the news coming from London.
"Mr. Li, this company, Golden Orange Telecom, has already started building base stations there. They are using the G network and an unknown C network, and have obtained a 2G license from them. From what I can see, they are also applying for 2G licenses from European countries."
According to the information, this company was established at the end of October and obtained the 2G license issued there in November. The speed was incomprehensible. Moreover, according to the information, this company did not invest a single penny. All the funds were loans, which is very strange. How can a company start a business with loans when it has no assets? And the credit line of one billion pounds is something he admires.
Mr. Li frowned. At this rate of development, there was basically no need to continue his RABIT project.
He summoned his right-hand man, the top-paid employee and general manager Huo Kaining, to discuss withdrawing from the RABIT project.
Mr. Huo took the document and looked at it carefully. Then he frowned. Judging from the current situation, the other party was coming on strong and developing rapidly. Although they had not yet started business, the speed at which they built the network was already very shocking. If they continued to develop at this speed, within three years, the entire European country would basically be covered by them.
"Mr. Li, we should abandon the RABIT project and cut our losses in time."
He wasn't one to give up easily, but sometimes you have to bow to reality, and that's exactly what he was doing now. Judging from the licenses the other party had obtained—G network, C network, broadband network services—that was one thing, but they were also operating communication equipment and satellite services. It was clear that the other party had big ambitions.
Those who can become top-paid executives naturally have exceptional vision, sometimes comparable to prophets. This is what makes these top managers so remarkable.
"Then we have no choice but to give up. Send the notice down to terminate the cooperation with London." Li Ka-shing, known as Superman, is quite decisive. Knowing that something is impossible, he will naturally cut his losses in time.
Speaking of Li Ka-shing, among the bigwigs in Hong Kong, his vision is exceptionally unique, putting him ahead of many others. For example, he invested in communications technology, developed 3G networks, ventured into the internet, maintained excellent relations with Israel, invested in Israeli universities and numerous high-tech projects. It can be said that he was ahead of the traditional tycoons. Moreover, his investment in the mainland pharmaceutical industry was remarkably astute.
When the internet collapsed, he seized the opportunity to become a major shareholder of Priceline and personally took charge of its operations; when the founder of Facebook came to Hong Kong to find him, he quickly decided to invest directly.
All of this demonstrates his sharp insight; otherwise, he wouldn't have been the richest Chinese person for over a decade. As for those who say this superman is outdated, it only shows that his new money doesn't understand the old money's shrewdness, accuracy, and ruthlessness, as well as the wisdom hidden deep within.
Zhang San naturally wouldn't underestimate anyone. These old money tycoons were all his teachers, and he just needed to follow their lead steadily.
He also heard the news that Hutchison Whampoa had terminated the RABIT project. When he saw the information, he felt that it was much earlier than expected.
"Could it be that my Golden Orange project caught his attention?" He sighed and muttered to himself, "It seems that I, this big butterfly, am quite sharp."
He put the documents aside and smiled at Allen and the others beside him, saying, "What do you think of this pink pig? Isn't it cute? Hahaha..."
Allen and his friends went to Japan to spend Christmas with Zhang San. It wasn't that Zhang San was arrogant, but that by following Zhang San, they could travel the world and enjoy the services he provided.
"Stephen, your cartoon is too childish."
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