Reborn Tech Maniac

Chapter 464

It can almost be said that junk securities are synonymous with Drexel Securities, and it can now master this trick.

So-called junk securities are bonds with low credit ratings and high risk but, on the other hand, attractive high yields.

To give a simple example, the current IBM bonds are classified as high-quality bonds, while the high-interest bonds promised by other struggling start-up companies in order to successfully raise funds can be classified as junk bonds.

Tang Huan estimated that in order to get money from the capital market, MCI would have to pay Drexel Securities an interest rate of about [-] percent, and at the same time, guarantees including stocks.

William McGovern wanted to draw himself into this situation, but he didn't necessarily dare to have ulterior motives. It should be more out of alliance considerations, but Tang Huan couldn't see the interests he was interested in.

Furthermore, the ups and downs of MCI's development to the present mainly depends on William McGovern's financing ability.

Just like the Hunter family, which has crashed the silver futures market in the past two years, can prevent the banks involved from really getting out of the matter, William McGovern has the ability to prevent the banks that lent him money from being weaned, Tang Huan I don't want to be trapped like this.

"Pacific Communications is planning to build a cellular communication network in California. As you know, this is a brand-new technology application that costs a lot of money. So I'm sorry that I don't have extra energy and resources to participate in the development of MCI." Tang Huan said in a deep voice .

"Well, that's a pity..." William McGovern showed disappointment on his face.

He felt that the adventurous spirit of Tang Huan, a super billionaire, was beyond his reach. He dared to be the first person to eat crabs in the cellular communication, a bottomless pit project that had yet to prove its commercial value. Being rich is self-willed!

"In fact, I am very satisfied with the current cooperative relationship. While Pacific Communications helps MCI to enhance the quality of network services, MCI also helps Pacific Communications to add more access methods, which can be said to complement each other. But it is also like getting along with friends Similarly, while getting close, we must also keep a distance from each other." Tang Huan smiled and characterized the cooperative relationship between the two parties.

……

In fact.Tang Huan has more considerations for the cellular system. It is not an exaggeration to say that he is ambitious, and he really has no time to spend energy and resources on MCI.

Therefore, after sending William McGovern away, Tang Huan called Tang Wenmao into his office, and compared a map of the United States, he began to give face-to-face instructions.

"Pacific Communications' enthusiasm for the construction of cellular systems is limited to California. I don't want to push its management too hard. As long as the first phase of applications can catch up with next year's Los Angeles Olympics, it will be considered qualified. But this business opportunity at hand, We can’t just run away.”

Tang Huan pointed to some marks on the map, "Compared with the microwave communication network system that MCI is expanding, the cellular communication network system can have stronger self-independence. Therefore, during the construction process of cellular network coverage across the United States, it will not It will be in an awkward position like MCI on the "last mile" issue. Therefore, cellular communication system operating licenses outside California are very worthy of our acquisition."

The FCC bases its pricing on licenses to operate cellular communications systems on the basis of "head counts" -- the number of adults living in the area.

Because of the lukewarm attitude towards cellular communication systems, the market for operating licenses per "head" is very depressed, with an average price of $4.5.

Of course, Tang Huan would not agree with AT&T's prediction that the number of cellular phones in the United States would not exceed 2000 million until the year 100.

In his opinion, the value of this "head" is not limited to the average price of 4.5 US dollars, and it is not too much to increase it by 20 times.

At present, the Federal Communications Commission is about to auction the cellular communication system operating licenses of 306 MSA-Metropolitan Statistical Areas and 429 RSA-Rural Statistical Areas in the United States.

"You can decide how to get the license with the price of 'head' below 10 US dollars according to the situation." Tang Huan solemnly urged, "This operation of acquiring the license is a business within our family, and there is no need to negotiate with other people. To share the pie, you must show the viciousness of fighting, and its significance is not trivial."

"I will definitely do my best." Tang Wenmao replied solemnly.

"In order to achieve more with less money and reduce the average acquisition cost per head, in addition to winning with power, we also need to pay attention to skills."

Tang Huan carefully pointed to his cousin, "Because of the different degrees of prosperity of each metropolitan statistical area and rural statistical area, the level of nodes in the entire cellular network is also different. You must first focus on the key points, and then the surrounding It will be easier to handle as a vassal."

Tang Wenmao nodded understandingly, "I will arrange more experts in the communication field in the operation team."

……

Tang Huan has been staying in the United States for several months this time. After such a long time, it is time to leave for Asia and other places.

It just so happened that Lin Qingxia also came to San Francisco to promote her "Senior Sister: The Real Estate Situation", so Tang Huan deliberately asked about it at the dinner table.

DreamWorks Cinemas has been officially in full operation, and its successively released films such as "Running into the Wrath", "Little Fear", "Fang Shiyu's Sequel", "Senior Sister's Heroic Real Estate Situation", "The Legend of Shushan Swordsman" and other films are all well-produced , the local box office revenue of over [-] million Hong Kong dollars, which quickly helped DreamWorks Cinemas to establish the veritable status of the largest cinema in Hong Kong.

Since Tang Huan introduced commercial elements such as large-scale production, special effects, and novelty hunting into the production of Chinese-language entertainment content through DreamWorks, Xiangjiang Films did not blindly fumble in the so-called new wave. "Fang Shiyu" took the lead in breaking through the 3000 million Hong Kong dollars. The box office has already pointed out the direction for the market in advance.

The box office of Lin Qingxia's "Sister and Heroic Real Estate Situation" will exceed 2000 million Hong Kong dollars in Xiangjiang, which is slightly lower than that of "Best Partner 2: Showing Magical Ability" in New Art City.

However, Lin Qingxia's official transformation work has a strong box office of more than 4000 million Taiwan dollars in Taiwan, and it is the number one in the Spring Festival stalls, which is enough to show that her popularity has not diminished.

His capable image and simple dress style in the movie seem to set off a new fashion in Taiwan.

The heroine's "Senior Sister's Heroic Real Estate Storm" has many new business elements and is worthy of entering American theaters, so Lin Qingxia brought the crew over to cooperate with public relations.

After picking up a piece of fish for Tang Huan, Lin Qingxia, who became more radiant because of her successful career, said with a sweet smile, "I have a sister in the film industry. She got married and retired, but recently she is very quiet and wants to move, and she plans to come out again. gone."

(End of this chapter)