Rebirth of the Tech Madman

As an exchange of courtesy, Tang Huan invited Bob Galvin, Christopher Galvin and his son, Martin Cooper and other important Motorola figures to visit Pacific Communications in San Francisco and Cupertino in Silicon Valley.

Pacific Communications, which has already soloed out of the American Telephone and Telegraph Company system, is in the process of building a large-scale construction project to further expand the network and carry out digital transformation.

The communication network built by AT\u0026T is still the best network system in the world so far, and the assets inherited by Pacific Communications are absolutely high-quality.

But there is one thing, Pacific Communications and the other 6 little Bell brothers, the family business assigned to them is the local telephone business with limited profits, while AT\u0026T has left the long-distance telephone business, which is in a high-growth stage and has considerable profits, in hands.

The split of AT\u0026T means the liberalization of the US telecommunications market and the intensification of competition. If Pacific Communications wants to live comfortably in the future, it must not be old and aggressive.

Fortunately, despite the conservatism and arrogance of big companies, the management of Pacific Communications has reached a consensus early on that the traditional telecommunications industry is entering the digital age, and the proportion of data transmission services will definitely exceed that of voice transmission services. Attitude, to adapt to the situation of rapid changes in business rules.

Therefore, when installing fiber optics and opening value-added services such as caller ID and next-generation fax, the management of Pacific Communications was very proactive, and Tang Huan didn't need to worry about it at all. Its services in Silicon Valley were well received by customers.

But these guys with outstanding abilities are also very stubborn. They stay away from loss-making businesses such as Pacific BBS, exge mail system, and online game mud. in place.

As for the cellular system, it was neglected for a time because of the large amount of resources invested in network construction and the lack of a successful business model.

Tang Huan is well aware of the inertia and habits of these business elites. It is nothing more than waiting for others to successfully explore the road, and through capital operation, picking peaches by way of acquisition.

Tang Huan, who knew the prospects of the cellular system, of course could not accept this routine. When it's time to pick peaches, Pacific Communications may not be able to snatch other predators.

Moreover, Pacific Communications is not Tang Huan's company alone, and it is necessary to expand its territory. Do you feel bad about money?

In addition, it is precisely because the future of cellular systems has not been clearly seen by the public. It's a good time to start. Pacific Communications has inherent advantages.

As early as 1977,

The Federal Communications Commission has already completed tests of the technology on cellular systems, confirming its viability.

By 1981, the Federal Communications Commission began to make formal regulations on the operation of cellular systems, taking care of ;be11;y, the regional Bell operating companies such as Pacific Communications.

The FCC is so merciful that, in its view, companies are being locked out of the lucrative long-distance business and, under the terms of the Revised Final Judgment, forced to remain in a barely profitable market. Intraphone market. Deserves an opportunity to grow the business as compensation.

Thus, the FCC's rules for licensing cellular telephone technology are that each major city in the United States will be awarded two licenses: one to the successful competing bidder and the other to the incumbent wireline local operator, i.e. Similar to Pacific Communications; this decision met with little opposition, because the cellular phone system was very expensive to implement, and without successful precedents, future profitability was uncertain.

Ever since. The attitudes of most telecommunications companies were very cold, but Pacific Communications, which was driven away by Tang Huan with a whip, responded positively and made it clear that it would launch this new type of business in California soon.

Motorola and others. When I came to Pacific Communications Headquarters, what I saw was the situation where the troops were in full swing, and I was immediately filled with joy—the mobile communication product that I spent a huge sum of US$100 million on research and development really had a real big customer.

Due to the previous successful cooperation in the field of microprocessors in the semiconductor field, the two parties are also quite in tune with the next cooperation in the field of mobile communications.

Tang Huan showed it to Motorola proudly. The high-end Fangyuan personal computer and the entry-level Fangyuan workstation are equipped with application effects in many business links such as billing and service of Pacific Communications.

While everyone was chatting happily, a special guest—CEO William McGovern came to visit.

Tang Huan was taken aback for a moment, thinking that he had no relationship with William McGovern before, so why did he come to see him now?

Chuck Smith reminded in a low voice, Finance has always been tight, and it is estimated that William McGovern is here to seek financing this time.

Tang Huan nodded suddenly. After the successful listing of Fangyuan Computer Company, he became a cash cow in the eyes of many people, and they all wanted to come over and squeeze it. It would not be surprising if William McGovern did it for this purpose.

Chuck Smith is a rare black executive in the American business world. Therefore, although he also has the bad habits of AT\u0026T, but in front of Tang Huan, the survival principles make him dare not violate the law, and he has always behaved the same. The understanding and execution of various business ideas are in harmony.

Therefore, Tang Huan assured Chuck Smith to continue entertaining Motorola, while he came to meet William McGovern.

The great fame of AT\u0026T stems from the fact that it is the mortal enemy of AT\u0026T. It was its birth in 1963 and its subsequent aggressiveness that contributed to AT\u0026T, a giant monopolizing the communication industry, and was eventually ruled by the judiciary. The end of the dismantling.

The original founder of the company was John Gorken. This man was very ambitious and tenacious, but he was not good at management.

When it was on the brink of collapse in 1968, William McGovern, who was at odds with John Gorken, joined.

This business elite with a deep Wall Street background immediately adjusted the company and attracted financing, which made it easy for John Goken, who owned 10% of the shares of mbsp; after its public listing in 1972, to leave the next year to develop new Personal career, no longer participate in any management activities.

In other words, it was William McGovern who played an important role in forcing AT\u0026T to break up. (To be continued.)

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