Reborn Tech Maniac

Chapter 463 The U.S. Communication Industry Comes Together (Continued)
Such impressive career achievements have something to do with William McGovern being a super workaholic. He works 15 hours a day, which makes the madman Tang Huan feel ashamed.

As a result, William McGovern has also developed a habit of never leaving his cigarettes and coffee. Every day he smokes three packs of cigarettes and drinks 20 cups of coffee, which is really amazing.

In order to entertain William McGovern, the CEO of MCI with full of personality, Tang Huan specially made the best coffee.The aroma of coffee beans filled the reception room.

"Don, you really have a heart." William McGovern narrowed his eyes and savored carefully for a long time.

"It's hard to say that a friend comes from afar." Tang Huan smiled slightly.

"Don, first of all, I want to thank you for allowing Pacific Communications to allow MCI to access its local telephone network. Other Bell companies are not so friendly." William McGovern changed the subject and quickly got to the point.

"You don't have to be polite, just come and go." Tang Huan waved his hands indifferently.

As a new microwave communication company, MCI moved AT&T's long-distance telephone business, which was the most lucrative cheese, and naturally provoked a merciless attack from the other party.

For AT&T, which has monopolized the U.S. telecommunications industry for a long time, there are too many ways to deal with the melon egg MCI. The only way is to firmly resist the pressure from all parties, including the U.S. Department of Justice, and reject MCI’s lines. Connecting to one's own local telephone network brought the other party to the verge of collapse several times.

If it weren't for William McGovern's good management skills, MCI would have been over long ago. How could it have survived until the day when AT&T was forcibly dismantled.

After forcing its old rivals to fall apart, the problems MCI faced remained the same.

Although each RBOC has no long-distance telephone business and does not have the monopoly power in the whole United States, the local telephone business they retain is in a favorable monopoly position in their own territory.

No one is willing to hand over their cakes and share them for nothing. The negotiating partner that MCI is facing has only changed from the original "Ma Bell" to "Little Bell", which is also very difficult.

The reason why MCI can open a gap in Pacific Communications is entirely because in exchange, MCI can provide users with access methods to access Pacific BBS, Exchange mail system, online game MUD and other services at a low price throughout the United States. .

Although the number of users of Pacific BBS, Exchange mail system, and online game MUD is growing rapidly, no clear pattern of profit has yet been seen, so it is not popular.

Tang Huan used his boss's authority to urge Pacific Communications to complete the transaction, which even aroused the dissatisfaction of AT&T.

But Tang Huan still insisted, because the number of users of Gein Pacific BBS and Exchange mail systems has approached a critical point, and the characteristics of the network determine that once its scale breaks through this level, it will be a different world, and there will naturally be Investors saw the situation clearly and sent their funds forward, crying and shouting.

"I don't know, can the connection between our two companies go a step further and reach the level of user access?" William McGovern asked tentatively full of expectations.

"The connection you mentioned is MCI unilaterally eroding the existing network of Pacific Communications. If I make another concession, it will seriously damage the interests of Pacific Communications." Tang Huan suddenly understood William McGovern. Where his ambition lies, he immediately and clearly rejected it.

There are too many tricks in the telecommunications industry, just like the original time and space for broadband access services. Even if multiple operators coexist in a certain city, as far as a certain community is concerned, users who obediently pay the initial installation fee often have a choice Not big, only one carrier available.

MCI, which wants to continue to enhance communication services, is currently falling on this crucial "last mile", and the monopoly is so easy to break.

William McGovern wanted Tang Huan to make concessions on this advantage. He was simply greedy and foolish, and no one would agree to it.

Seeing Tang Huan's refusal so straightforwardly, William McGovern laughed out loud, and changed the subject again, "The spin-off of AT&T will officially take effect on January [-] next year, or it can be said that the actual Now they are separated, and there is only a unified caliber. Obviously, MCI will usher in a good opportunity for leapfrog development."

Seeing William McGovern looking forward to the bright future of MCI in high spirits, Tang Huan picked up his cup calmly and took a sip of the fragrant coffee.

In Tang Huan's view, although AT&T was forcibly split up, it doesn't mean that MCI can take advantage of the situation and kill all parties.

As the largest enterprise in the United States, AT&T has total assets of 1650 billion US dollars and 100 million employees.

After its disintegration, AT&T retained 340 billion US dollars of assets, and the remaining 1310 billion US dollars were divided among the regional operating companies that were separated, that is, Little Bell.

According to the ruling, these RBOCs will eventually go public and become public companies. At that time, the market value will inevitably skyrocket, almost like IBM.

In the telecommunications industry, a large size is almost equated with a large advantage. Although MCI has been in business for nearly 20 years, its scale is still not enough. William McGovern is suspected of fooling around.

Tang Huanzheng, who was at ease, was secretly amused, and suddenly William McGovern became excited, "MCI has raised 10 billion US dollars of funds from Drexel Securities, which is dedicated to the next expansion. This is a once-in-a-lifetime investment opportunity. .Don, do you intend to join in? At that time, the interests of Pacific Communications and MCI will not conflict."

I'll go, William McGovern, an old fox, is circling around, waiting for him here.

After Tang Huan muttered something to himself, he couldn't help but tremble, William McGovern was really courageous, his all-or-nothing attitude was close to that of a gambler.

Maybe William McGovern thinks that Tang Huan, who is entrenched in Silicon Valley and Hollywood, straddling the fields of IT and entertainment, is already a rare genius.

But he would not have imagined that Tang Huan had hundreds of elite memories in his mind, and he was versatile. He never stopped secretly speculating in the capital market, so he was definitely not ignorant of the details of Drexel Securities in the investment banking industry. known.

(End of this chapter)