After the pound crisis last year, Britain completely let go of its financial controls, and the British economy actually began to improve. Moreover, the depreciation of the pound benefited exports.

Under these circumstances, Golden Orange Telecom made rapid progress in base station construction, quickly occupying major cities.

Moreover, it gained favor with various countries in Europe, replacing analog signals with digital signals; in their eyes, a great ally had finally arrived. The other side's investment in communications was also enormous, which also increased their employment.

This news quickly reached Hong Kong. Li Ka-shing, who originally wanted to make a big splash in the communications field, was now deep in thought. The information he held in his hand was about Golden Orange Telecom's layout across Europe. Unlike other communication equipment, Golden Orange Telecom adopted a hybrid network of G and C networks. Although this was more expensive, when 3G networks were applied in the future, C networks would be faster, have better signal, and could accommodate more people per base station.

Furthermore, the G network can also be leased to other operators.

Golden Orange Telecom is also one of Q-Telecom's major shareholders, so it will naturally strongly promote the development of CDMA in Europe.

Just as Li Ka-shing received the report, the digital signal in London had been laid out and was ready for trial operation; the faster Golden Orange Communications was built, the faster it would spend money; however, this telecom operator was backed by Midland Bank, and with Midland's full support, money was not a problem at all.

All of NT-MS's sales proceeds across Europe are currently held by Midland Bank, and in order to avoid taxes, NT-MS has no plans to repatriate these funds to North America in the short term.

With the backing of its financial backers, Midland Bank is the most financially secure bank in Europe and is naturally not afraid of Orange Telecom's predatory lending practices; after all, the boss's boss used NT-MS shares as collateral, so they are naturally not afraid of losses.

Li Ka-shing sighed and called Mr. Huo over to discuss matters.

What's your opinion on this?

Boss Li pushed the documents in front of President Huo and showed them to him. These documents were obtained through his connections in England and were very detailed.

The office fell silent, save for the rustling of papers. After a dozen minutes, General Manager Huo frowned and said, "It's impossible in Europe. They're expanding too fast. If we were to enter, it wouldn't be impossible, but it would require a huge investment of resources, which would be counterproductive."

What he said made sense, and Boss Li shared the same thought, though he was somewhat unwilling to give up. In the end, he sighed and said, "Golden Orange Telecom is making rapid progress with its network deployment."

Actually, the two had another option: to invest in Canada, a country that was very friendly to them. However, the country was sparsely populated, so it wouldn't be cost-effective to lay base stations there.

Australia is the same; it's sparsely populated, unlike the UK, where the population is dense and the cost of laying infrastructure is low.

Thus, the long oranges were cut short before they could be planted; while the golden oranges, which replaced the oranges, were spreading rapidly throughout Europe.

New Era Holdings injected US$100 million into Q-Connect, accounting for 12.5%, while Golden Orange Telecom holds 8.1% of Q-Connect's shares; Q-Connect is currently producing CDMA base station equipment; and is also investing in the production of CDMA mobile phones, which is three years earlier than originally planned.

There was no other way. For C-network to become the standard, it had to be used. The Southern Dynasty agreed to use C-network, but its influence was not as great as that of Europe.

Moreover, Q-Tong's idea was excellent: after succeeding in England, all the technology could be applied to the Southern Dynasties.

The 1011 mobile phone is offered with several services. One option is to subscribe to a comprehensive package, top up your phone credit, and receive a free phone. Another option is to buy the phone and get a SIM card. There is also a separate broadband subscription option. Of course, they also sell recharge cards, including mobile phone recharge cards and broadband recharge cards.

Zhang San was very attentive to this No.1 branch. On the second day after it opened, he received the sales report and found that there were already more than 400 users. At this rate, the branch would only have more than 150,000 users in a year.

Don't underestimate these 150,000 users; they generate 40 to 50 million yuan in revenue in a year. If there were ten such stores, that would be 400 to 500 million yuan in revenue.

Moreover, this is a one-time investment with lifelong benefits; and if ten million people in the UK use it, that would be billions of pounds, and wouldn't the investment be recouped in just a few years?

This only includes carrier services, as well as mobile phone sales; other value-added services are not included.

Consider BT in the UK, with an annual turnover of nearly 70 billion, they make money effortlessly.

These service centers must remain open; otherwise, they cannot expand further. These service centers not only handle telecommunications services but also sell mobile phones, broadband, and recharge cards, as well as other related services.

The new business system is very simple for handling business, which is Zhang San's proud creation.

Back when Zhang San got his first telecom SIM card in mainland China, the processing speed was outrageously slow. He had used all the SIM cards from the three major operators and was utterly exasperated by their incredibly slow service.

To address this, he designed a super simple business processing system with only business options, making it extremely simple.

The options are very simple: package deals, a list of premium package users, broadband users, and prepaid card sales. Unlike the three major mainland operators, which have so many options that it's incredibly frustrating, especially China Telecom, whose system is far too complicated.

Compared to other operators, faster customer processing speed can also increase customer goodwill.

Thinking about the money he could earn in the future, Zhang San felt that he was very willing to do this kind of business that involved a one-time investment and would benefit him for life. As for why Boss Li gave up back then, he couldn't understand it. Although, being caught between the two major operators, the long-term benefits would be more than HK$100 billion, right?

Although Zhang San couldn't understand it, he was prepared to fully promote CDMA and broadband in Europe, not for any other reason than that both of them were directly or indirectly related to his interests.

Needless to say, the C-network's chip architecture is provided by ARM, which also manufactures it. The promotion of C-network will increase the value of its stock; the promotion of broadband will make its websites popular.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like