Back to 1995

Chapter 1041 Taught by a Master

Regarding Buffett, Song Yang didn't want to argue with Buffett. To be honest, the old Ba's theory is indeed correct, but in this world, there are too few people who can endure loneliness. I still hope to plant more leeks today. Seeds, tomorrow will be able to harvest a towering tree.

This is basically the case with leeks all over the world. Like Lao Ba, you buy a stock and wait for more than ten or twenty years to harvest it. Few people can stand the loneliness. That company won't play off, and play themselves to death!

However, the Internet, technology stocks, and future virtual currencies are different. There are various inside information every day, and the stock price fluctuates up and down. It may take decades for traditional companies to reach their market capitalization. Internet companies have reached it in a few days. , The myth of getting rich overnight is happening every day. In this case, which one will leeks choose? !
Even if they know that Laoba's set is more secure and less risky, 90.00% of nine leeks will choose to take risks, and they may be able to endure the loneliness for a while, but watching Internet stocks and virtual currency, they are never penniless. The value has soared to Yimei's virtual currency, worth tens of thousands, 10,000+, hundreds of thousands of dollars, how many leeks can bear it!
"You've worked hard this time!"

Song Yang said to Iger and James Crowe that the acquisition of MCI Telecom is equivalent to making up for the last shortcoming of America Telecom's telephone business. Telegram Group, Verizon, Southwest Bell, Sprint and a bunch of telecom giants competed.

This is also the last chance after the release of the new telecommunications law. The telecommunications industry has undergone large and small mergers and acquisitions in the past few years. Today, small and medium telecommunications companies, TV stations, radio stations, newspapers, etc. have either been acquired or have been squeezed out of bankruptcy. up.

The future telecommunications and media industries will basically be a scene of several giants. Telephone, broadband, TV stations, radio stations, newspapers, magazines, and even commonly used Internet social platforms in America and even North America are basically supplied by giant companies!
In the future, if a new telecom or media company emerges, whether it can obtain a license is a question. If you want to enter this industry, basically the only way to go is to acquire an established telecom or media company.

In other words, the telecommunications and media industries are indeed sunset industries, but even if they wait to die, they don’t have to worry about bankruptcy. Even if they are bad, users don’t have to pick them. , I don’t use these two, I just choose between Southwestern Bell, Verizon, and Sprint, and the service may be worse...

I really don't want to play anymore. After a few years, if I change hands and sell the business, it is estimated that it can be sold for hundreds of billions of dollars. Even if the value of the dollars depreciates, it is enough for a family to squander for more than ten generations!
"Song, to be honest, I really want to see how Bernard Ebbes will react when he knows that WorldCom has been acquired and split up, and MCI Telecom, which he bought back with $400 billion, is swallowed up by America Telecom for $79 billion? !"

James Crowe, who had avenged his revenge, still regrets that he did not disgust Ebes with his own eyes. It can be seen how much Ebes humiliated Crowe back then.

"I'm afraid there is no such opportunity. It is impossible for Ebes to come out of the federal prison alive, and it is impossible for WorldCom to exist!"

Song Yang said something to James Crowe, and then turned his attention to Eiger. Eiger really has the demeanor of a big man now, and he is still a little taciturn, but in the telecommunications industry, no one dares to take his words as deaf ears. .

Facing Iger and Crowe, Song Yang had nothing to hide. He said bluntly, "Although American Telecom and Telephone and Telegraph Group have signed a new agreement, sooner or later they will have to fight against Telephone and Telegraph Group and other telecom giants!"

American Telecom's acquisition of MCI marks that American Telecom has broken away from the wings of the Telephone and Telegraph Group. Although there is a so-called two-year cooperation agreement as a facade, in fact, everyone in the telecommunications industry knows that the two companies have completely separated. .

The stock price of Telephone and Telegraph Group has dropped a wave in the past few days, but Betts has released smoke bombs, threatening that American Telecom will not stand on its own, even if it acquires MCI, it will still cooperate with Telephone and Telegraph Group in the future, even if it takes two years After the cooperation agreement, the cooperation will not be terminated, users will not be taken away by American Telecom, and revenue will not decrease!
Relying on this wave of flickering, the stock price was barely maintained, but after Betes ran away at the end of the year, it is estimated that he would not be able to flicker anymore.

"Betters will leave at the end of the year. By then, the relationship between American Telecom and Telephone and Telegraph Group will basically be completely shattered!"

The news revealed by Song Yang surprised Iger and James Crow. They did not doubt the authenticity of what Song Yang said. James Crow was even more human. The San Jose manor party visited Song Yang on the day of the party. The outside world did not know what the two talked about, but the next day, Betts threw out a cooperation agreement, and the Telephone and Telegraph Group did not stop America Telecom from acquiring MCI from the beginning to the end. , in the middle, there must be some kind of agreement reached...

At the thought of wrestling with the behemoth Telephone and Telegraph Group, Iger couldn't help but take a deep breath, but he was inexplicably excited. This opponent is difficult to deal with, but once he wins this battle, American Telecom will become a major player in the telecommunications industry. The real overlord, he will also become the most powerful figure in the telecommunications industry!

"America Telecom will make preparations as soon as possible to deal with the upcoming war in the telecom industry!"

Iger said in a deep voice that the telecommunications industry in America is still short of the last wave of war. After the victory and defeat among the major telecommunications giants, the situation will be completely stabilized. It is estimated that there will not be much change in the next ten years.

The simplest, most brutal and effective way to win a war between giants is nothing more than a price war, reducing telephone charges, broadband charges, mobile network charges, TV program charges, etc. user.

As for those extravagant tricks, seeking the support of congressmen on Capitol Hill, asking powerful figures in various states to introduce state bills against opponents, etc., are actually not very useful. In America, everyone is taught by a master. Capitol Hill plus There seem to be a lot of people in dozens of states, but they are all donkey and elephant parties. This is not like dealing with overseas companies, just like the previous LVMH group, which can use any means. There are supporters behind the telephone and telegraph group. Are Verizon and Southwestern Bell gone? !

Song Yang looked at Iger, "America Telecom's revenue must increase as soon as possible, and it must not be dragged down by other telecom giants. After the market in America stabilizes, it can enter overseas markets!"

Song Yang didn't expect to say that Telephone and Telegraph, Verizon and other telecom giants could be defeated. It was enough to suppress them. After America stabilized its basic market, it entered the overseas market and began to harvest leeks.

Since its establishment, American Telecom has played various tricks. It seems that it earns a lot, but spends more. Now is the time for it to become a cash cow!

America Telecom's main business is broadband, mobile network, and electronic retail flagship store. Now it is adding MCI's telephone business. Broadband and mobile network are the most profitable businesses in the telecommunications industry. The Internet is broken, but broadband , The demand for mobile networks has not stopped, but has exploded.

As the largest broadband and mobile network operator in America, as well as the top three chain electronic retail stores in America, these are the most profitable businesses. Even if you make money lying down, it is enough to harvest leeks for many years!
"I understand that I will increase America Telecom's revenue and profits as soon as possible!"

When Eiger got up, he said that when he walked out of the San Jose Manor, Eiger couldn't help taking a deep breath, and looked back at the manor behind him.

I remembered that when Song Yang recruited him, he was just a little-known director of the TV station, but now, he is already one of the most powerful figures among the professional managers in America. I am having a headache for Eiger.

James Crowe looked at Iger who was standing there, wondering what his immediate boss was thinking. In the eyes of the outside world, Iger was also a legend. He did not need an annual salary and became the president of American Telecom. At that time, he was still the object of ridicule from the outside world. , there are rumors that Song Yang hired Iger as the president of American Telecom because it was cheap.

But a few years later, the ridicule towards Iger has long since disappeared. When Iger took over America Telecom, America Telecom had only one line, which was the line from the Chicago Stock Exchange to Wall Street in New York. Soft to the touch.

But most of the money earned by that line was taken away by Song Yang in dividends. American Telecom is almost like an empty shell. Iger is holding an empty shell of American Telecom, moving around ICQ, Between the Telephone and Telegraph Group, there have been several major mergers. Stud Broadband and mobile networks have cost a huge amount of dollars, allowing American Telecom to lay broadband and mobile signal towers in major American cities such as New York and Los Angeles, and also established a large-scale network. The retail of mobile phone electronics makes American Telecom's current revenue second only to Telephone and Telegraph Group, becoming the second largest telecom giant in the American telecom industry in terms of revenue.

Iger's career is tied to America Telecom. America Telecom's ability to get to where it is today is enough to show Iger's ability. Those companies that mocked Iger at the beginning can't wait to poach Iger back then. It’s good that they’re the ones, that’s not the case, they are now one of the top [-] giant companies in America...

"Rou Ling!"

After Bruno's private jet landed at San Jose Airport, Miria immediately rushed towards Li Rouling who just got out of the cabin and diverted from New York. Li Rouling flew from Yangcheng to New York, and then took the private Bruno The plane came to San Jose.

Milia and Li Rouling are two little girls hugging each other. After a year, the two girls have undergone considerable changes. Their eating habits are different, which makes American girls and old European girls look more mature at puberty. She is already taller than Li Rouling, and her clothes are the same as those of American girls at the same time, except that Dana and Greg are staring at her, and Milia didn't dare to wear those things that are too bold. Daana really dared to beat Millie Ya...

After pinching Li Rouling, who was still a little fat, Miria took Li Rouling's luggage, called her little follower, Amber, and threw the luggage out, and the latter took it firmly, obviously already used to it.

"Amber!"

Li Rouling waved her hand at Amber. After a year, Li Rouling saw that Amber, who was often behind Miriah last year, now looked like a grown-up, let alone Miriam. .

"Rou Ling, I originally wanted to go to Yangcheng to pick you up on the Bruno, but Dana refused to let me go..."

Miria pulled Li Rouling into a modified bulletproof Cadillac, and chattered to Li Rouling, now that Milia is going to school and going out, she is basically followed by security personnel, not to play big names, but to avoid being caught Kidnapping and hijacking, in a place full of magic in America, don't want too many such things, just look at the number of movies that have been adapted by Hollywood.

Dana is familiar with Miria's temperament, under her nose, Miria can do something, really let her go out alone, it must turn the sky upside down.

When the two little girls got into the car, the person in charge of the Asia Trust who escorted Li Rouling here, as well as the security personnel, also sat down with the person who brought Miria.

When Li Rouling came this time, she brought a lot of people from the Song family and Zhou family in Yangcheng. Although the special products prepared for Song Yang were not too precious, they were prepared by her aunt Song Huiqiong and others.

When the car entered the San Jose Manor, Miria and Li Rouling had already gotten to know each other well, and the awkwardness they hadn't seen for a long time had long since disappeared.

"uncle!"

After getting off the car, Li Rouling yelled at the people waiting there. Zhou Bailin who was standing there smiled and opened his arms when he heard this, and then a figure flashed by. Li Rouling had already thrown himself into Song Yang's arms. This cheap uncle, seeing this scene, just felt that the girl was hugged for nothing, and the diapers were changed for nothing...

Song Yang looked at Li Rouling who was in his arms, and couldn't help sighing. I haven't seen her for a few years, and Li Rouling is almost growing into a big girl. When Yangcheng saw Li Rouling back then, Song Yang even hugged and fed the little girl. In the blink of an eye, they have already become the fast-growing cabbage in the family, but I don't know who will be cheaper in the end with that crazy girl Miria!

"You rest first, in the evening, Aunt Dana will personally cook for you and prepare a welcome banquet!"

Song Yang scratched the bridge of the little girl's nose, then turned his head to Milia, who was restless, and obviously wanted to pull Li Rouling out to have fun, and said, "Milia, don't take Rouling to places that shouldn't be!"

After talking to Song Yang, Li Rouling seemed to turn around and run directly to Miria, just when Zhou Bailin felt that she had hurt the stinky girl for nothing, Li Rouling turned around, ran towards Zhou Bailin, and shouted directly, "Uncle! "

Looking at Li Rouling's sly eyes, Zhou Bailin couldn't laugh or cry, he didn't know that this little girl would even make a feint.

(End of this chapter)