Back to 1995

Chapter 619: Snake Swallows Elephant

After hanging up the phone, Bernard Ebes made several consecutive calls, including several major shareholders of WorldCom Telecom, several major banks in America, Wall Street investment banks, and so on.

Sitchmore, who was on the side, was terrified. He had a taste of the boldness and madness of Bernard Ebes. Bernard Ebes was going to issue a large amount of new stocks and borrow heavily from Wall Street institutions. , the US dollars raised may even exceed 300 billion US dollars, and MCI must be included in the bag at all costs!
Sitchmore was shocked by Bernard Ebbes' rhetoric. He didn't know whether Bernard Ebbes was really sure that this acquisition would make WorldCom a fortune, or he was crazy. It feels like leaving a way out for myself and Shitong.

After making several phone calls, Bernard Ebes looked up at Sitchmore and spread his hands. Bernard Ebes spread his hands to Sitchmore helplessly and sighed, "You see, I'm here Too busy, if WorldCom can have a few more people like you and Scott, I don't have to be busy..."

Although he had just recruited Sitchmore, Bernard Ebes had already made no secret of his trust in Sitchmore. In words, he treated Sitchmore as a confidant like Scott, and was in charge of WorldCom's finances. Scott, the absolute confidant of Bernard Ebbes, is also the second person in WorldCom.

"What's the matter?" Bernard Ebes finally asked the business.

Sitchmore felt a little complicated. He could feel that Bernard Ebes valued him, but he saw WorldCom's internal problems, which made Sitchmore feel a headache.

"President Ebes, the internal situation of WorldCom is somewhat beyond my expectations, including WorldCom, as well as the acquisition of High Speed ​​Communication, Resurrection Telecom, IDB, MFS Telecom, etc. The lines of these telecom companies are completely separated. The technical standards are also different, WorldCom did not integrate these telephone lines, and some lines have not been updated and maintained for several years..."

Sitchmore felt that WorldCom's internal affairs were completely disorganized. Those companies acquired were all working on their own. The companies that WorldCom spent hundreds of millions or billions of dollars to buy back did not give ShiCom a return at all. .

Even some lines have not been replaced for many years, and it is not a one-time or two-time thing to be complained about. WorldCom has never heard of it. It seems that they don’t care about the user experience at all. As long as the investors who bought the shares of WorldCom have no opinion, It is enough for WorldCom's stock price to keep rising.

"In addition, WorldCom does not have the most emerging broadband and mobile Internet services in the telecommunications industry!"

Hearing what Sitchmore said, Bernard Ebes didn't seem surprised at all, and even laughed, "With the acquisition of MCI, WorldCom has everything!"

Bernard Ebes has no worries about Sitchmore's claim that WorldCom lags behind telecommunications companies such as America Telecom and Sprint in telecommunications and other fields.

As long as it acquires MCI Telecom, WorldCom will be able to obtain the broadband lines and mobile base stations laid by MCI, which saves WorldCom's time and can be completed in one step.

Seeing Sitchmore's worried expression, Bernard Ebes comforted Sitchmore and said, "Isn't that why I let you pass through the next world?!"

"Help me, and WorldCom to deal with these problems. As long as WorldCom becomes the largest telecommunications group in America and has enough dollars, these will not be a problem. WorldCom will have enough dollars to solve these problems. .”

Later, Bernard Ebbes said something that made Sitchmore's heart beat.

Looking at Sitchmore, Ebes said earnestly, "WorldCom needs a qualified leader in the future. When I retire, WorldCom should already be the largest telecommunications group in America. At that time, WorldCom What is needed is not to acquire more companies, but to stabilize and take over by someone who understands telecommunications technology. Scott is a financial expert, but technically..."

Bernard Ebes shook his head and did not continue, but his attitude had been expressed.

Now Ebes is fighting the world for WorldCom. When he retires, he needs someone to defend the world. This person must understand the telecommunications industry, so that WorldCom will not go astray. Scott is obviously not in Bernard Ebes. Within the scope of Beth's consideration.

It was not stated clearly, but Bernard Ebes's proposal was quite tempting, that is to let Sitchmore take over his position as the head!

The pie was too big, and Sitchmore was smashed, and his head felt a little dizzy. It is hard to say whether Ebes really wants him to be the head of Shitong, but what he said just now has given him enough hints up.

At this moment, a director of the personnel department hurried in, handed Bernard Ebbes a document, whispered a few words into Bernard Ebbes's ear, and did not even look at Sitchmore .

Seeing this, Sitchmore tactfully prepared to leave, but Bernard Ebes stopped him and threw the document in his hand on the table.

"You should know about this," Bernard Ebbes said to Sitchmore with a cold snort, "that traitor Crowe ran away, he is a coward, I gave him once, and he won the prize in the victory's favor." Given the opportunity, he had to experience failure again.

He is hiding in American Telecom, WorldCom will beat him again and tell him who is the winner! "

Hearing that Crow went to American Telecom, Sitchmore didn't have any strange things, so it was strange that Ebes' attitude towards Claude would not run away. As for running to America Telecom, Sitchmore felt that If WorldCom enters the broadband market, then America Telecom may be its biggest opponent!

Bernard Ebes didn't pay much attention to James Crowe's joining American Telecom. The entire telecom industry didn't have too many reports on James Crowe's whereabouts. Not really to buy MCI.

WorldCom, which acquired MFS Telecom, is already one of the telecommunications giants in America. If MCI is swallowed up, it will be able to join the ranks of global telecommunications giants, and even wrestle with Telephone and Telegraph Group to see who is the telecommunications industry Boss!

Compared with this matter that can change the structure of the telecommunications industry in America, or even the global telecommunications market, Crowe, the president of MFS Telecom, doesn't attract much attention where he goes.

"Ten years ago, WorldCom was just a mouse next to the elephant of the Telephone and Telegraph Group. Standing still, this mouse has almost tripped up the elephant in the telecommunications industry!"

Daniel Axon, the president of MCI who received Bernard Ebes, said to the directors and executives in the conference room with an exclamation tone.

The merger between MCI and British Telecom was just at the door, but was stopped by someone. Standing in front of MCI, should they continue to talk with British Telecom, or let WorldCom enter the venue and accept WorldCom? quote.

"British Telecom's revenue is five times that of WorldCom. The quotation this time is 190 billion US dollars. How much can WorldCom offer?"

An MCI director spoke for British Telecom. British Telecom was able to make an offer to MCI. Naturally, it also did some public relations and recruited a group of MCI directors and executives to create momentum for British Telecom.

"Why didn't you wait for Shitong?"

MCI senior vice president Shamro knocked on the table and said, "WorldCom has quoted 125 billion dollars for MFS Telecom, and MFS is less than a fraction of MCI. How much will WorldCom quote for us?"

The director couldn't help curling his lips after hearing this, "WorldCom has just acquired MFS Telecom, how much money can we spend?"

Shamro looked at the director, and then said to Daniel Axon and other executives of MCI Telecom, "I have a news channel that WorldCom is planning to issue 8.2 million new shares to raise funds!"

For a moment, the entire conference room was silent, obviously shocked by the news. WorldCom’s current stock price has reached more than 30 US dollars. If 8.2 million new shares can be issued, WorldCom will get more than 200 billion US dollars in cash at one time. , as long as the stock price of WorldCom does not fall, this is equivalent to more than 200 billion US dollars in hard currency.

Daniel Axon and the executives of MCI, at this time, have only one thought in their minds. I don’t know if they are too conservative, or the world is crazy. WorldCom has issued so many new shares, and those leeks will agree? !
Daniel Akerson felt that this was a bit unreliable, but he couldn't help but be moved. If the new shares of WorldCom can be issued, wouldn't it be that they will spend 300 to [-] billion US dollars to acquire MCI.

Things in this world are sometimes so magical that even MCI feels unreliable. The leeks who bought the stock of WorldCom, for the serious illness drawn by WorldCom, issued new shares to buy MCI, but they did their best. Support, the major banks and institutions in America are also fully supportive, they are betting that the acquisition of MCI will make the stock price of WorldCom continue to skyrocket, then their big bet is done!

The telecommunications industry is like a pot of hot oil that has already been cooked. As long as there is a slight disturbance, it will burst into flames.

Song Yang didn't stay long in New York. After attending the "Matrix" premiere, let ICQ start its roadshow, and after taking down Bell Labs, Song Yang started to return to San Jose.

It's true that New York is a world of flamboyance, but what follows is definitely a place of right and wrong. Song Yang doesn't want to be so eye-catching and be targeted by others. The next thing to do is to make a fortune in silence, and there is no need to spread hatred everywhere.

When Song Yang returned to San Jose, Eric had brought a group of RICK executives with him, as well as consultants for the acquisition of Gucci, KKR Group founder Kravis, Comerica Bank's Chris, Goldman Sachs and several institutions The representatives of the delegation waited and flew towards Europe on a chartered plane.

(End of this chapter)