Chapter 688 [The second wave of Hong Kong culture is coming](2/2)
Although he was a little suspicious, he still sat down next to Yuan Tianfan. The two former colleagues were now colleagues again.
It can be said that ‘things in the world are impermanent, and the big intestine wraps up the small intestine’!
When Lin Zuhui saw that everyone was here, he said directly: "I plan to acquire Xiangjiang Telecom, so I invite you to discuss it!"
As soon as he finished speaking, everyone showed incredible expressions.
Chen Bin was the first to say: "Compared with Times Telecom and Hong Kong Telecom, the mobile phone business is evenly matched. The fixed phone and international phone services are Hong Kong Telecom's advantages. Although several telecommunications companies have disrupted Hong Kong Telecom's monopoly on fixed phone calls, international phone calls are
Business is the biggest source of profit. Overall, this acquisition is very promising, but if the acquisition is successful, our two licenses will be cancelled."
Yuan Tianfan was very interested in this acquisition and immediately said: "You can also try to transfer the license, and even if it is cancelled, the business can be merged into a new company."
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Regarding this issue, Lin Zuhui said: "Hong Kong Telecom can have a stable profit of 10 billion every year, plus it has a lot of cash flow on its account.
It is an asset worth acquiring. Today, Xiangjiang Telecom’s market value is HK$220 billion, less than US$30 billion, so it’s a good time to make a move.”
Everyone quickly decided to buy it!
Yuan Tianfan said again: "Now it's time to convince Dadong Cable and Telegraph Bureau to sell Hong Kong Telecom!"
Lin Zuhui nodded and said: "Okay, this acquisition case will be handed over to Tianfan, with Bo Tao as a consultant."
"yes!"
Chen Bin and Liang Zhenxun have their own matters. After all, the entire New Era Group's business is complex. Inviting them here is just to let them know about this matter.
Then, Lin Zuhui said: "There are two aspects to convincing Dadong Telegraph Bureau. You can organize them well:
First, Xiangjiang Telecom has been limited. Originally, Dadong wanted to allocate Hong Kong Telecom shares to Mainland Telecom in the hope that Hong Kong Telecom would enter the mainland telecom business. However, this is obviously unrealistic. Therefore, Xiangjiang Telecom has no "prospects"
Second, the current Internet explosion is a better investment than the traditional telecommunications industry, so Dadong Cable and Telegraph Bureau may not have considered it.
In short, it is only a matter of time before Taitung Cable and Telegraph Company cashes out Hong Kong Telecom, so there is no harm in us getting in touch in advance."
Yuan Tianfan nodded and said, "Okay, we will definitely succeed in lobbying!"
Lin Zuhui added: "Well, they definitely want to cash out, but there are very few companies that can be bought, so there is almost no going back and forth in price. What matters is who gives more cash and less shares. This is the important decisive factor."
The key. Of course, these are things for later, let’s get in touch first and we’ll move forward step by step!”
Chapter completed!