Blooming America
Chapter 1004: Iridium, which finally went bankrupt
~Date: ~October 08~
, Nbsp;
It's November.
At this time, "Death Fantasy" finally started production.
The people at DreamWorks carefully studied the actions of Luo Lishi, Bruce Lee and others, and then began to expand the design based on these actions. A set of 75-minute "fighting movies" in one go was released-well, more than before. 15 minutes.
"Death Fantasy" has already begun production, and the release period will probably be until June of next year.
But Catherine didn't care about it at this time.
He just wrote a script for Cheng Long, and now she is in a good mood.
"Well...not bad, it took a while before declaring bankruptcy..."
Seeing the new news, Catherine was in a better mood.
Good things are in pairs, the development of hard disk technology over there has made a qualitative leap, and here, the Iridium plan, which Motorola has supported, has finally gone bankrupt.
"Although there is atet backing up, those who should go bankrupt will eventually go bankrupt~"
Catherine hummed comfortably.
In recent years, thanks to the blessing of the Iridium Project, Catherine rarely faced the harassment of Motorola and Atet. After the other party experienced the initial glory, they were overwhelmed by this plan.
As soon as the Iridium mobile phone was launched on the market, it was met with complaints from users-this thing can only be used in the open air!
After seeing Apple mobile phone users making a comfortable call in the office, they, Iridium users, even have to go to the window to make a call, and sometimes even go outside!
Moreover, the call quality and signal, the Iridium mobile phone is far inferior to the current da's Apple mobile phone, the Apple Killer, which directly kills the Iridium star.
what? Do you say that Iridium phones can be used on a global scale?
Sorry, we can still use Hao Weixing, and it is more convenient than you!
The mobile phone users are all middle and upper class, most of them are in the office and negotiate business. They use mobile phones, most of the time in the city. At this time, Apple mobile phones are not stressed at all.
On the other hand, Iridium mobile phone-we can't just leave the customer behind to make a call, and then go down from the 11th floor and make a call?
It is precisely because of these many inconveniences that the Iridium project has been hampered.
And now, the other party finally couldn't hold it anymore.
The Iridium project, once valued at one billion, is now in negative equity.
"If it hadn't been mixed in by atet, this plan would have died long ago! It's over!"
Catherine yelled.
"Kate, don't you think about this Iridium project again, do you?"
Elsa clearly saw what was going on in Catherine's current situation.
"Of course! I want to buy Iridium!"
Catherine smiled evilly.
"Ahem... Then we must first prepare a three to four billion US dollars..."
Iridium already has a debt of 100 million U.S. dollars. If it really wants to acquire the debt, they will have to change it. Elsa estimated that Iridium should be quite valuable.
"Three to four billion? No! Twenty million is enough! Even if I have to pay off the debt, my acquisition plan will not exceed 100 million!"
Historically, Iridium was thrown away by twenty million dollars-and no one took over!
As for now, after the Iridium company has gone through the popularity of the previous few years, it is now too stinking, but it has suffered more than 10,000 Iridium mobile phone users.
"Can they agree?"
Elsa asked suspiciously.
"Yeah, of course."
Catherine has investigated the development of Iridium, and she found that the current Iridium is not much different from the history. At this time, it is a hot potato.
Iridium’s management decision-making structure makes it impossible to carry out effective management at all.
The 28 members of the board of directors speak multiple languages. Each meeting is like attending a small United Nations meeting. Everyone must wear earplugs and listen to the simultaneous translation of the language.
Even if the major shareholders are Motorola and atet, the total share of each other is about 20%.
—They also learned from Catherine to engage in bondage, and ended up pitting a group of people.
After receiving this news, Catherine inquired about the structure of the partner's partner.
As a result, Catherine felt that she had the opportunity to take advantage of it.
The basic organizational structure of Iridium is a consortium consisting of five regional "gates" in the world.
The so-called "gate" refers to the signal transmission system on the ground, which can send and receive Iridium satellite telephone signals.
The regional "gates" are responsible for marketing Iridium's phones and services within the region. Iridium’s market operation structure cannot establish an overall sales force, design a complete marketing plan, establish distribution channels in various regions, and form a unified and effective marketing offensive.
Many partners have a serious lack of experience in the telecommunications industry-for example, investors in Venezuela, in addition to the mobile phone business, also operate dairy products.
Iridium’s operating headquarters should not put too much pressure on local “gates” because the owners of “gates” are members of the board of directors. During the operation, Iridium’s marketing plan was questioned by the regional gates. It is difficult to expect a good fit.
They thought that they had found a partner for binding, which was a good strategy immediately, but they forgot that first of all, their promoters should stand in a strong position. As a result, they only had 208 equity, so their risk was naturally small, but The right to speak in the company must also be small.
On the contrary, when Catherine cooperated, she always took the lead and blocked the risk in front—of course, there was no risk in fact.
"Um... By the way, find someone for me. This person may be more suitable for the person who manages this company... Corusi... Well, this is the guy."
"There are many people by this name, Kate."
After discovering that Catherine did not intend to continue speaking, Elsa couldn't help but complain.
"Really? Um...I just heard the name once...but this guy is about 44 years old this year."
Catherine was talking about Corusi who saved Iridium.
Catherine did not know how the Iridium satellites would develop in this era, but in another era, Catherine knew that the first-generation Iridium system of that era could be described as the application of expensive emerging technologies (low-orbit satellites) to the traditional market. The opposite of the textbook. "Back then" Motorola and its partners tried to auction these satellites in bankruptcy court. The price was set at $10,000, which was only two thousandths of the original investment. Despite the low price, no one cares about it. At that time, almost everyone believed that the launch of the satellite self-destruction program was imperative.
At this critical juncture, Colusi intervened in the transaction-first he went to great lengths to persuade the US government to approve his possession of these satellites. Then he made a good deal and won a five-year, $36 million annual contract from the Department of Defense to provide 20,000 government employees with unlimited communications services. $36 million is almost half of the annual operating cost of Iridium. .
Corusi bids $250,000 to acquire these satellites to creditors such as Motorola. After a series of related matters were resolved, Motorola transferred the ownership to Corusi and its patrons at the end of the year, and sold 66 Iridium satellites in orbit and 12 spare satellites in orbit.
"The selling point of the Iridium system is its revolutionary design, which ensures that there is always a satellite above the caller at any time. In contrast, a geostationary satellite will be stationary somewhere above the earth. The Iridium system The satellite of Hao is operating at 485 kilometers above the surface, which can completely cover the surface of the earth, and compared with the geostationary satellite, its signal transmission distance is shortened by 98%, so that the energy consumption is greatly reduced. The reason why our Hao satellite does not charge High, because we concentrate the signal and send it to the satellite with high power, which can save more money, but with the development of the times, Iridium technology will definitely save more money.”
Catherine explained to Elsa.
"But the working life of Iridium is only five years, Kate."
Elsa couldn't help but remind Catherine.
"Who knows, and we have the latest satellite technology..."
Uh. Although this is a bit weird, Catherine has indeed mastered the latest satellite technology. This is the only one in the world. Cooperation with the federal government has brought Catherine a huge advantage.
And Catherine knew that after designing the Iridium for five years, she worked in the sky for fifteen years!
"Although in Motorola's hands, this is a scam, but I think this is our opportunity..."
Catherine narrowed her eyes.
Historically, in addition to voice calls, Corusi also wanted to use satellites to transmit data. Motorola executives were dissatisfied with his ideas, claiming that the analysis report showed that "the data business is insignificant."
However, the ideas of Motorola executives obviously have not kept up with the development of the times. In June 2001, Corusi began to provide Internet connection service with a speed of 2pkbps. Years later ~www.wuxiaspot.com~ Iridium system began to provide short message service with a maximum number of characters (160,000 bytes) per short message. The price of Iridium's pure data transceiver device has dropped from $800 to $250.
As a result, customer groups that need to send text messages from remote areas have surfaced. These include scientists tracking whale migration, utility companies that manage wind power, and shipping companies that have overboard warnings for sailors. In July 2007, Iridium’s operating income (income before interest, taxes, and depreciation) turned from a loss to a profit, and in the same year, it broke through the US dollar.
In 2009, Iridium's data business revenue was almost the same as the voice business revenue, and I believe that this business will make more money in the future.
In just eight years, this technology has started from scratch and made a profit of more than $11. Catherine believes that at this time, she has more opportunities-because now, there are not many mobile phones... …
1 word update today!
Although I have been having diarrhea, but the update will not be lost!
, H,
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