Back To 1995

   Chapter 612 Feng Shui takes turns

   "Impossible, neither the board of directors of the Telegraph Group nor Wall Street investors will allow Bell Labs to be sold!"

   As for Song Yang's offer, Bates rejected it directly. He didn't want to sell Bell Labs for 500 million dollars.

   "President Bates, we all know the status of Bell Labs. It is the best choice for both of us to take over Bell Labs by America Telecom. Telephone and Telegraph Group is the second largest shareholder of America Telecom."

Song Yang also warned Bates secretly, if it spreads out that the Telegraph Group is unwilling to give money to Bell Labs, then the reputation of the Telegraph Group will be ruined, at least it will not be welcomed by the entire scientific research industry. .

  Bates didn't care about Song Yang's remarks at all. She said these words just to raise the price, and she didn't really keep Bell Labs for Christmas.

   "Song, let's change the way. Telephone and Telegraph Group can transfer Bell Labs to you, but America Telecom needs to transfer 5% of the equity. Telephone and Telegraph Group can pay you another fee for this!"

Bates said to Song Yang with a smile that as long as Song Yang transferred 5% of the American Telecom equity to the Telephone and Telegraph Group, the Telephone and Telegraph Group, not only did not need money, but gave Bell Labs to Song Yang for free. I am willing to compensate Song Yang for another fee.

   Listening to the lion's big offer, Song Yang couldn't help frowning. Bates might as well raise the price directly to Bell Labs.

  Now the valuation of America Telecom is already an astronomical figure. Now America Telecom is the largest telecom broadband and mobile Internet operator in America, and has established operation centers in Canada, England, Bangzi, Singapore and other places.

Although America Telecom has not achieved the brilliance it has boasted before, it has established an Internet IP center in North America, Europe, and Asia, built 75 data centers around the world, entered 80 regions, and provided broadband Internet to 2,000 cities around the world. The fiber optic cable laid can go around the earth twice or something like…

But now, America Telecom is no compromise, the world's largest broadband operator, and now America's broadband market, from New York to Chicago to Washington, Houston and other major cities, more than 70% of the broadband lines are Laid by America Telecom.

   In addition, the mobile signal towers being built in major cities such as New York, Los Angeles, and London are also established by America Telecom, providing mobile Internet services for millions of users.

   There are now more than 800 American Telecom offline stores all over America and major cities in North America, and American Telecom has become one of the top ten mobile phone retailers in America!

Broadband and mobile Internet services plus online and offline mobile phone retail stores, America Telecom is not yet the most profitable one in the telecommunications industry, but compared with other telecommunications peers, the future is obviously better. This is what the Telephone and Telegraph Group sees. It's plain and clear.

  The cost of telephone calls and text messages will probably not be the most profitable business in the telecommunications industry in the future. On the contrary, broadband and mobile Internet services may become the most profitable businesses. This is an estimate made by the marketing department of the Telephone and Telegraph Group!

   Regardless of whether it is true or not, it is absolutely true that the Telephone and Telegraph Group is now envious of America Telecom. If it can get America Telecom into the bag, then the Telephone and Telegraph Group is willing to pay any price.

   It’s just that, not long after America Telecom was established, the Telephone and Telegraph Group tried to buy it, but they didn’t get it. Now it’s even more difficult.

No one knows what the valuation of Telecom America is now. Now is the golden age of the telecom industry. The introduction of the new Telecom Act has made the valuation of major telecom companies soar. There are also emerging companies like Telecom America. Such a group of new bullies in the telecommunications industry.

But two years ago, America Telecom was not as big as it is today, and its valuation was raised above tens of billions of dollars by the "great man" Enron. Now, no one can guess the valuation of America Telecom, even if it is called No one can object to a valuation of 300 or even 40 billion dollars. After all, this thing is not all the price that America Telecom itself called, and shareholders such as Enron, Comerica Bank, and Telephone and Telegraph Group are definitely not. will oppose...

At present, Telephone and Telegraph Group is the second largest shareholder of America Telecom, holding more than 28% of the shares. If Bell Labs can use Bell Labs to get more shares of America Telecom from Song Yang, the stake will exceed 30%. , or even more, the Telephone and Telegraph Group will be able to find ways to slowly grab the controlling stake in America Telecom!

The relationship between Bates, the Telephone and Telegraph Group, and Song Yang has always been good, but this involves the controlling stake of America Telecom and the interests of more than ten billion dollars. When it is time to stab the knife, Bates is Never be soft-hearted.

In the same way, if the Telephone and Telegraph Group is in trouble someday, the stock price plummets, etc., as long as the timing is right, then America Telecom may not have the idea of ​​giving Big Brother a knife. If you swallow the elephant, you will immediately become the first brother of the global telecommunications industry!

  Song Yang took a deep breath, "President Bates, you know it's impossible. If the Telephone and Telegraph Group gets more shares in America Telecom, then America Telecom will have the final say, I'm afraid there will be trouble!"

Bates smiled slightly, "Song, you misunderstood, no one wants to take America Telecom away from you, even if you give up 5% of the shares, you are still the largest shareholder holding 49% of America Telecom, No one can take America Telecom from your hands."

Before America Telecom, it acquired the telecommunications business from the Telephone and Telegraph Group, and it was backed by the big mountain of the Telephone and Telegraph Group. Life was better, but in the same way, Song Yang also gave up a large amount of equity and held the American Telecom equity. It fell directly to 54%.

   But 49% of the equity, and 51% of the controlling stake, seem to be not much different, only 2%, but it is these 2% that determine the America Telecom, who has the final say!

   Song Yang wouldn't believe Bates's nonsense. He really wanted the Telephone and Telegraph Group to get too much equity in America Telecom. You don't have to think about it, Bates will definitely **** the controlling stake in America Telecom.

Seeing Song Yang's silence, Bates looked a little serious, "Song, the Telephone and Telegraph Group, if you want to get more shares in America Telecom, it's not because you want to compete with you, but in the telecommunications industry, there will be changes. Yes, WorldCom has already started to acquire MFS Telecom, and the Telephone and Telegraph Group will support America Telecom, but make sure that America Telecom is on the side of the Telephone and Telegraph Group!"

  Song Yang was stunned for a moment. WorldCom was buying other telecom companies. Song Yang was not surprised, but the acquisition of MFS Telecom still surprised Song Yang.

  MFS Telecom is a hard bone. It has challenged WorldCom before. Under the nose of WorldCom, it acquired UUnet Telecom at a price of up to 2.1 billion US dollars, setting off a wave of telecom acquisition frenzy.

   But now, MFS Telecom is going to be slaughtered by WorldCom, which makes people think a lot. Song Yang looked at Bates and said, "MFS Telecom is not cheap..."

"$12.5 billion, the T&T Group got the news, the MFS Group board of directors, has passed the WorldCom acquisition, MFS will be taken by WorldCom for $12.5 billion, that guy Bernard Ebbs is crazy now..."

   Speaking of WorldCom’s head Ebes, Best sneered and sneered, threatening that Bernard Ebes was taking advantage of the acquisition by initiating this acquisition.

Can be scolded, Bates also has a bit of envy in his heart. He is also the head of the American telecom giant. Bernard Ebes can initiate a series of mergers and acquisitions of the century, but Best can only support the phone. The mess of the Telegraph Group, the power of the two is incomparable!

   Hearing this news, Song Yang couldn't help thinking about it. WorldCom's acquisition of MFS Telecom, no surprise, will make the competition in the telecom industry more fierce, and the war between giants will start again.

   Today WorldCom can acquire MFS, and tomorrow Southwest Bell, Sprint, Chartered Communications, etc. can acquire other telecom giants. They are also giants in the telecom industry. Is it possible that they can be worse than WorldCom? !

The situation of America Telecom will also be a little more difficult. Telecom giants such as WorldCom and Sprint will sooner or later fight with America Telecom in the broadband, mobile Internet and other industries. , America Telecom really can not withstand the hunting of these telecom giants.

  Bates waited for Song Yang's decision with all his time. He knew that Song Yang could measure the pros and cons.

"2%!"

   "North America Global Investment Foundation, you can transfer another 2% stake in America Telecom to Telephone and Telegraph Group, and Bell Labs to America Telecom!"

If the valuation of America Telecom is now 30 billion US dollars, then the 2% equity is equivalent to 600 million US dollars, and 600 million US dollars is exchanged for a Bell Labs. It is impossible to say that the relationship between Song Yang and Bates In the end, who is at a loss.

   did not get the desired 5% stake in America Telecom, but 2% is not bad. The stake in America Telecom held by the Telephone and Telegraph Group directly reached 30%.

   Got a 2% stake in America Telecom, got rid of the big burden of Bell Labs, and tied America Telecom firmly to the chariot of the Telephone and Telegraph Group, enough for Bates to explain to the board of directors and Wall Street!

   "The Telephone and Telegraph Group will always support America Telecom, no matter which opponent it faces!" Bates reached out to Song Yang.

  Song Yang raised his brows, "I hope so!"

   "Mr. Ebbs, MFS Board of Directors, accept WorldCom's offer!"

  In the MFS headquarters, MFS President James Crow looked at him with a complicated expression, and was accepting Bernard Ebbs, who was bowed down by MFS in a victorious manner.

  A year ago, James Crowe led MFS Telecom and challenged Bernard Ebes, but in the blink of an eye, Ebes had occupied his nest.

   Bernard Ebbs picked up the acquisition agreement and said to Crow with a bit of jest, "Welcome to WorldCom!"

   (end of this chapter)