Chapter 262 ATu0026amp;amp;amp;amp;T companies are scared

The name of United-Telecommunications is too long, but Li Zetian still likes to call it Sprint.

Preliminary estimates put Sprint's market value at about $2.5 billion.

Umbrella still has $5.75 billion in reserves and should be able to acquire it. In addition, Li Zetian already owns Wells Fargo Bank, so borrowing for acquisition is not a problem.

In the local local telephone business, seven small Bell companies have a monopoly of more than 80%, followed by the American GTE Company, the largest local telephone company independent of AT\u0026amp;amp;T. As for Sprint, it may not be able to squeeze into the first step. However, Sprint focuses on technology research and development and is one step ahead in fiber optic communication networks.

Li Zetian prefers companies that have an engineering culture and are technology-oriented. Throughout history, the market has often been subverted by new technologies, so the rise of Sprint is inevitable.

Sprint was founded in 1899 and has a long history. The company's shareholders are very dispersed, and even the top shareholder's shares do not exceed 10%. Many shareholders only hold shares as an investment. If someone pays a high price to buy them, they will naturally be willing to sell their shares. Therefore, this gives Li Zetian an opportunity to take advantage of. He plans to secretly contact Sprint shareholders, acquire their shares, wait until the shares exceed 50%, then disclose his identity as a major shareholder, announce a financing plan, invest huge sums of money to dilute the shares of other shareholders, and further control more shares. .

The secret acquisition takes a while, and when acquiring their shares, they have to do so in the name of other companies. If they knew that Li Zetian wanted to acquire their shares, they would definitely ask for a sky-high price.

At present, the National Science Foundation of the United States has just begun to establish the NSFNET network, so Li Zetian does not need to be too anxious.

While he was secretly paying attention to the acquisition, he was thinking about how Sprint should develop in the future. Li Zetian only had a rough understanding of the future telecommunications industry, but since he had invested in a telecommunications company, he had to work hard to develop it.

Li Zetian read many development models of telecommunications companies at home, and then combined with his memories from his previous life, he began to make a future plan for Sprint.

First, establish a global optical fiber communication network. While developing the Internet, we can also develop long-distance phone services, but long-distance phone calls are not the focus.

Second, try to seize the "last mile", acquire or cooperate with local phone companies, and strive to achieve "fiber to home" in the future.

Third, establish wireless base stations and develop wireless communication services. Europe's GSM or Qualcomm's CDMA network are both good choices. In the future, everyone will have a mobile phone, and wireless communication will be very important!

…

Li Zetian only wrote a general development policy. As for the specific content, he, a layman, left it to professionals to solve.

In the blink of an eye, more than a month later, Li Zetian successfully acquired more than 50% of Sprint's shares, spending US$1.45 billion. Later, he and Dongfang Yuqin came to Sprint Company.

Although it was said to be a secret acquisition, there is no airtight wall in the world. Some people were unwilling to sell their shares, so the news spread within a small area. However, although Sprint knew that someone was secretly acquiring their shares, it did not know who was acquiring them or how many shares they acquired.

At this time, people couldn't help but be shocked when they saw Li Zetian coming to the company.

"It is rumored that someone has secretly acquired our company's shares recently? Is it Chronos Li?"

"I think it's very possible! Otherwise, why would Chronos Li suddenly come to our company?"

"..."

The employees were talking a lot.

Soon, Sprint CEO Edgar Carr and other executives arrived.

"Hello, Mr. Li, welcome! I am Edgar Carr, CEO of United-Telecommunications."

Edgar Carr spoke in a respectful tone. At this time, he has realized that Li Zetian may be the person behind the secret acquisition of Sprint shares. The reason why he came to the company this time is that he has enough shares in his hands. In other words, he will be the new boss of Sprint from now on. Got it!

Li Zetian smiled and nodded. He knew all the Sprint executives. "Well, hello, Edgar Carl. Please call all the company's key managers to the conference room!"

Edgar Carl hesitated for a moment. Li Zetian had not announced his identity yet, but he was giving orders like this, which made it a little difficult for Edgar Carl. However, Edgar Karl did not hesitate long and followed Li Zetian's wishes.

"Okay, Mr. Li, I will ask the secretary to inform everyone right away! Please come with me to the conference room." Edgar Karl said while winking at the secretary.

Before long, more than twenty people gathered in the conference room.

Li Zetian sat in the first position on the right, glanced at everyone, and said calmly: "Yes, as everyone guessed, I was the one who asked people to acquire the shares of United-Telecommunications. So far, I already own 51.2% of the shares!”

As soon as he finished speaking, the whole audience was in an uproar.

No one expected that Li Zetian secretly acquired so many shares and already had absolute controlling rights.

Dongfang Yuqin took out the equity transfer contract from the document bag and showed it to Edgar Carl. After reading it, Edgar Carl nodded to everyone and said: "Mr. Li does own 51.2% of the company's shares! "

After speaking, he immediately stood up and gave way to Li Zetian, "Mr. Li, you are the boss of the company. Please take a seat."

Li Zetian waved his hand and asked him to continue sitting there, "It doesn't matter, you continue to sit, I will just say a few words and then leave."

Edgar Karl nodded and sat back in his seat.

Li Zetian said at this time: "The thing is very simple. First, let everyone get to know me. From today on, I will be the new chairman of this company; second, United-Telecommunications will be renamed Sprint to align the product brand with the company brand." The combination is conducive to brand promotion; thirdly, I will inject $1 billion into Sprint later to accelerate the company's development."

"Yes!!!" Everyone responded in unison.

"Oh, by the way, Galaxy Network Company has strong strength in network technology development. The two companies can strengthen cooperation! For example, when building a nationwide optical fiber communication network this time, you can contact Galaxy Network Company for fiber optic cables and telecommunications equipment. "Li Zetian said suddenly, as the saying goes, "The good news does not go to outsiders." Naturally, the fiber optic cables and telecommunications equipment should be chosen by Galaxy Network Company.

Everyone nodded without objection. They all know that Galaxy Network Company is Li Zetian's industry, who dares to raise objections? Besides, Galaxy Networks does have strong competitiveness in the network field.

"In addition, I think we should also start building a global optical fiber communication network. We can lay a submarine optical fiber cable on the west coast to Asia, and a submarine optical fiber cable on the east coast to Europe!"

When everyone heard this, they couldn't help but be shocked by Li Zetian's generosity. He deserves to be the richest man in the world, and his actions are extraordinary.

However, how did they know that Li Zetian did this so that Asia and Europe could connect to the American Internet as soon as possible.

"Okay, that's it!" After Li Zetian finished speaking, he stood up and said goodbye to everyone.

As soon as Li Zetian and his entourage left, the Sprint company suddenly felt like it was exploding, and it was extremely lively.

"Oh, God, Chronos Li has really become our boss? Oh, I can't believe it. It's so great! From now on, I feel like I'm going to have special dignity by wearing my Sprint badge!!!"

"It's true! Our company is extraordinary now, and it's finally getting bullish! This time, Chronos Li suddenly injected US$1 billion into Sprint. From now on, our company will not be able to develop as fast as a rocket! Even if We are not afraid of competing with AT\u0026amp;T!!!”

"..."

In fact, when the news of the change of ownership of United-Telecommunications came out, it immediately caused shock in the industry. Even telecommunications giants like AT\u0026amp;T couldn't help but feel like they were facing a formidable enemy because the other party's boss was Li Zetian, a writer who wrote Legendary figures who have created countless myths! ! !

On that day, AT\u0026amp;T's stock price fell by 5%, which made people secretly gasp!

It's unprecedented for one person to scare a telecommunications giant like this...