Chapter 0477 - The Rise of the American Communications Industry (Continued)

Such an impressive career achievement is not unrelated to William McGovern being a super workaholic, he works up to 15 hours a day, which makes the madman Tang Huan ashamed.

As a result, William McGovern also developed the habit of never leaving a cigarette and a cup of coffee, and he smoked three packs of cigarettes and drank 20 cups of coffee every day, which was really amazing.

In order to entertain William McGovern, the CEO of MCI, Tang Huan specially brewed the finest coffee. The aroma of coffee beans fills the reception room.

"Don, you really have a heart. William McGovern squinted his eyes and savored it for a long time.

"There are friends from afar, and they don't say it. Tang Huan smiled slightly.

"Don, first of all, I want to thank you for allowing Pacific Telecom to allow MCI to access its local phone network, and other Bell companies are not so friendly. William McGovern quickly got to the point.

"You're welcome, there's just a coming-and-going. Tang Huan waved his hand disappreciatively.

As an emerging microwave communications company, MCI moved AT&T's long-distance telephone business, which is the most lucrative cheese, which naturally provoked the other party to attack mercilessly.

For AT&T, which has long monopolized the U.S. telecommunications industry, there are too many ways for him to clean up the raw melon and egg of MCI, and just by forcefully resisting the pressure from all parties, including the U.S. Department of Justice, and refusing to allow MCI's line to access his local phone network, the other party has been on the verge of collapse several times.

If it weren't for William McGovern's management skills, MCI would have been finished long ago, and how could he have kept the clouds open and seen the moon. It was the day when AT&T was forcibly dismantled.

After forcing the old opponent who pressed on the head to fall apart. The problems encountered by the MCI are still there.

Guy's various RBOC do not have long-distance telephone service. They do not have a nationwide monopoly power, but the local telephone business they retain is in a favorable monopoly position on their own turf.

No one wants to give up their cake to share, and the negotiation object faced by MCI is just changed from the original "Ma Bell" to "Little Bell", which is also very difficult.

The reason why MCI can open the gap here in Pacific Communications is entirely because MCI can be cheaper in exchange for it. In the United States, it provides users with access to Pacific BBS, Exchange mail system, online game MUD and other services.

Although the number of users of Pacific BBS, Exchange mail system, and online game MUD is growing rapidly, there is no clear model for making money, so it is not welcomed.

Tang Huan used the authority of his boss to urge Pacific Communications to complete the deal, and even caused the dissatisfaction of AT&T.

However, Tang Huan still insisted that the number of users of Gainpacific's BBS and Exchange mail system has approached a critical point, and the characteristics of the network determine that once its scale breaks through this level, it will be a different world.

"I don't know. Can this connection between our two companies go further? Reaching the level of user access?" asked William McGovern, tentatively expectant.

"The kind of connection you are talking about is MCI's unilateral erosion of the existing network of Pacific Communications, and if I take one more step, it will really seriously damage the interests of Pacific Communications. Tang Huan immediately understood William McGovern's ambitions, and immediately and unequivocally refused.

There are too many cats in the telecommunications industry, just like the original time and space for broadband access business, even if multiple operators coexist on the surface of a certain city, but as far as a certain community is concerned, users who obediently send the initial installation fee often have little choice, and only one operator is available.

MCI, which wants to continue to enhance communication services, is currently falling on this crucial "last mile", and the monopoly is so easy to break.

William McGovern wants Tang Huan to make concessions on this advantage, which is simply a lack of greed and a fool's dream, and no one will agree.

Seeing that Tang Huan refused so simply, William McGovern laughed disapprovingly, and changed the conversation again, "The split of AT&T will officially take effect on January 1 next year, or it can be said that in fact, they have already separated now, and they are just missing a unified caliber." Obviously, MCI will have a good opportunity to leapfrog development. ”

Seeing William McGovern looking forward to the bright future of MCI in high spirits, Tang Huan quietly picked up his cup and took a sip of fragrant coffee.

In Tang Huan's view, although AT&T was forcibly broken up, it does not mean that MCI can take advantage of the situation and kill all sides.

As the largest company in the United States, AT&T has assets of $165 billion and employs 1 million people.

After its dissolution, AT&T retained $34 billion of its assets, and the remaining $131 billion was divided between the regional operating company, Bell Jr., which was spun off.

According to the ruling, these RBOCs will eventually go public and become public companies, and then the market value will definitely skyrocket, and it will be almost IBM-like existence.

In the telecommunications industry, large size is almost the same as a large advantage, and although MCI has been operating dismally for nearly 20 years, the scale is not enough to see now, and William McGovern is inevitably suspected of fooling.

Tang Huanzheng, who was at ease, was secretly amused in his heart, and suddenly heard William McGovern's tone suddenly become excited, "MCI has raised $1 billion from Dechong Securities, which is dedicated to the next expansion, and this is a once-in-a-lifetime investment opportunity." Don, are you interested in joining in. When the time comes, there will be no conflict of interests between Pacific Communications and MCI. ”

I'll go, William McGovern, the old fox, waiting for me here.

After Tang Huan muttered to himself, he couldn't help but feel a pang in his heart, William McGovern is really bold, and his desperate momentum is almost like a gambler.

Perhaps William McGovern thinks that Tang Huan, who is entrenched in Silicon Valley and Hollywood, and straddles the two worlds of IT and entertainment, is already a rare talent.

But he would not have thought that Tang Huan had the memories of hundreds of elites in his mind, and he was versatile, and he had never stopped secretly speculating in the capital market, so he was by no means ignorant of the details of Dechong Securities in the investment banking industry. (To be continued......)