Seeing the four Chinese characters of "Bagua Celestial Phenomena", Zhou Shi felt that his ability to choose a name was really weak, but unfortunately no one even voted for him, let alone someone who could help him choose a name. But he didn't have time to worry about this, and Zhou Shi's long-coveted Nortel network patent finally got feedback. The company's 2007 losses were a foregone conclusion. In the fourth quarter alone, there is a possibility of a loss of more than 800 million, and there are still many debts to be repaid.

As of September 30, 2008, Nortel had $6.3 billion in debt and held $1 billion in bonds due 2011, for a total debt of nearly $12 billion. If Zhou Shi has enough capital to directly buy Nortel's bonds at a discount, and then the debt-to-equity swap or bankruptcy and reorganization, it is almost certain that he will be able to take all of Nortel's assets. It's a pity that their profit in the subprime mortgage this time is not as big as they imagined, and the Suzaku Fund, which has not been established long ago and is not well-connected, has many ways to make money, and cannot find a way to enter or can only buy a small part of the amount. There are circles in everything, and xenophobia is also a common phenomenon in circles, which is almost everyone's knee-jerk reaction, and it does not change because of nationality or race.

Nortel Network's operating income in 2007 should exceed $10 billion, and now it is considered normal operation, and buying some of their patents at this time is almost the best opportunity for Zhou Shi. If Nortel Network files for bankruptcy, then the eyes of the whole world will be focused on this side, and the background of the mainland will be their biggest obstacle. In a few years, with the further development of smartphones and the glorious future of smartphones all over the world, it will be even less likely that Zhou Shi wants to fish in troubled waters.

"What the hell are they asking for. Although Zhou Shi saw Li Yinan's tired figure, he still asked him directly about the progress of the matter.

"They are willing to mortgage all the patents to us. "Li Yinan

"How is this possible....... What are you talking about?...... mortgage" Zhou Shi subconsciously refused to believe it, but when he heard the mortgage, he felt bad again.

"They don't want to spin off the patents and sell them to us, they want to sell us a lot of things that we don't need. "Li Yinan

Zhou Shi pursed his lips, didn't look at him, turned his head and asked the person in charge of the White Tiger Fund's operation, Williams. According to the plan, Zhou Shi is only going to buy the patents needed for smartphones, enough for the husks and nuts to pass freely around the world, and further patent purchases will need to wait for Nortel to go bankrupt.

"I think they might be in trouble, and if they split and sell these patents, they could make more money, but they probably don't have that much time. "Williams

"What do they want?" Zhou Shi

"They said that if they want to buy these patents, the package price is $1.5 billion, and the funds will be available by the end of this month. "Williams.

"Are they crazy?" Zhou Shi gasped, who would play like this?

"They threatened us to either negotiate at this price or to terminate negotiations with us permanently. "Williams

"Do we have a grudge against him, or did any of you harm his daughter?" Zhou Shi asked curiously, this is too unreasonable, what kind of business do you have to do like this.

"Maybe they're also forced to be scoundrels and have no choice. "Williams

"Then do we want to continue talking with them?" Zhou Shi was also conflicted

"I think they may be in a hurry to use the money, and the price is negotiable, but the time is not good to delay. "Williams

"They sold us the patent, what should we do?" Zhou Shi is not stupid

Yes, Nortel Networks is not bankrupt now, they sell all the patents, don't they operate?

"Shall we continue the conversation with them first?" Williams also felt bad

"Let's make an appointment, I'm here, why don't I want to meet. "Zhou Shi

Nortel Networks' current CEO is Zafirovsky, who was previously the president and COO of Motorola, who saved Motorcycle, which was in trouble at the time, and later broke the contract in 2005 like Kai-Fu Lee, and jumped to Nortel Networks as president and CEO. was sued by Motorcycle, and then Nortel paid Motorola $11.5 million to settle the dispute. Within a few years, a huge Nortel tossed to bankruptcy, and it was clear that CDMA was much more market-oriented than CDMA2000, so they still chose to CDMA2000 without hesitation, and then sold all the businesses related to CDMA last year. However, Nortel's continuous investment in CDMA2000 has not received much return, but it has lost the CDMA business, which is the most market-oriented, and has also lost the support of operators for various reasons. Nortel Network's most powerful optical fiber technology has also been greatly developed in the world after their bankruptcy, and in less than ten years, even Huaxia has popularized 100 Gigabit optical fiber, which may also be one of the reasons!

Although Zhou Shi participated in this negotiation, he did not come forward directly. In the negotiations they conducted with Zafirovsky this time, they promised that the time for the funds to arrive in the account could be guaranteed, but the price still had to be discussed, and how to protect Zhou Shi's interests also needed to be discussed.

"We're not going to sell these patents entirely, but we're going to sell all of our patents to you temporarily, and then resell the rights to use the patents to us, and we want to keep the right to buy them back. "Zafirovsky

"Are you sure you're not kidding?" Williams was annoyed by the turn of events

"Otherwise, you would think that our patents would be easily transferred for $1.5 billion. ”

"Then we'll not have to talk about it!" Williams was bound to go, and a fool would agree to such a condition.

"Don't worry, you won't suffer in this cooperation. "Zafirovsky

"Hehe, we will never sell you the right to use the patent, and you have to pay a certain amount of patent licensing fees every year. "Williams

"In that case, we don't need all the patents, and $50 million a year is the upper limit for what we need. "Zafirovsky

"You mean that after paying such a big price, we only reap about three percent of the benefits per year. If Mr. President is so insincere, please don't delay our time. "Williams

"We can negotiate other conditions, but we must have the right to redeem the patent, and we must also end the negotiations this week, and the funds will arrive before the last working day of the year," Zafirovsky did not push to the end. For Zhou Shi, the negotiations that need to be resolved quickly must also continue. It is not for nothing that companies such as Microsoft and Apple in the previous life joined forces to buy these patents for more than $4 billion. Even if it costs a little more now, it's worth it.

Who knew that the next day, Zafirovsky had changed his mind, it was impossible to sell patents, and he could only mortgage them, and the angry Zhou Shi wanted to smash the table. However, they were willing to make more concessions on the price, barely allowing the negotiations to fall apart.

"Simon, are we still talking?" Williams hesitated until now, if it weren't for Nortel's patent being really too important, Zhou Shi would not be willing to continue negotiations in the face of this capricious Zafirovsky. Fortunately, Zhou Shi has some understanding of this history, and it is not time to give up.

"Let's take a gamble and bet that Nortel Network will go bankrupt, and even if we don't go bankrupt, we will strive for an annualized rate of return of 10 percent. Zhou Shi said firmly.

"Okay, I'll do it. Williams then led a team of dozens of people to work overtime overnight, including lawyers and accountants, to make the final plan. Although Nortel Network is a large company, no one can change the situation of the declining mountains, and the power of capital has a great deterrent effect on this kind of strong and middle-class company.

Luckily, there were no surprises this time!

(End of chapter)