Video Game Empire

() "Just now I talked about socializing with acquaintances and socializing with strangers, and introduced quora, a very interesting website! And from everyone's applause, I already knew that you must be very interested!

Then I will introduce another very interesting software to you. Its name is icq, which is the homonym of 'iseekyou'! I'm honored to tell you that this name is the same as the previous quora, and I took it all!

icq was originally an instant messaging software used for communication within the Oriental Group. He is less formal and cumbersome than e-mail, so he is very popular with employees within the group!

How popular is it? My employees wrote me a letter of appeal specifically for this, and it got hundreds of signatures from across the company. They want me to get icq to let go of the original restriction of only accepting internal employee registrations!

As a good boss, I naturally accept everyone's suggestions very humbly, so I have the icq that everyone sees now! "

When Li Xuan mentioned this, the picture on the white curtain behind it was also replaced by the icq login interface in due course.

"Aol is now responsible for the intellectual property rights and commercial development and operation of icq! Before I came to Austin, Mr. Owen, the president of aol, told me that icq is one of the most popular Internet software in the world this year.

Everyone here must have heard of or used it! Regarding the specific functions of the icq software, I will not introduce it in detail, lest everyone think that I am here to advertise today! What I want to talk about today is a very interesting little statistic that the Oriental Group once counted. "

Li Xuan deliberately paused to get everyone's attention all at once! In fact, what he is going to talk about today and what kind of impact it may cause, Li Xuan's huge work team behind the scenes has made detailed deductions in advance.

As a person with huge influence like him, every word of Li Xuan in front of the spotlight may have a huge impact. Some words are not to be said casually, while others are meant to be said on purpose.

"For a period of time, the frequency of phone use in the Oriental Group suddenly dropped by 6%. This phenomenon even attracted the attention of the top management of the group! What is the phone used for? It is one of the most important communication tools in modern society!

When you go to meet with customers, you must first make a phone call to communicate with them! You go and report to the manager, call first and ask him if he is available! Even if you are going to ask your girlfriend to watch a movie, it is definitely more convenient to call than to go to her house and tell her!

Therefore, once the frequency of phone usage exceeds the normal fluctuation range, it will make the decision analysis department of the Oriental Group begin to doubt whether there is a problem with the communication mechanism within the company?

But in fact, the internal operation of the Oriental Group is very normal, everyone is full of passion for their work, and there is no problem of sabotage! So the Oriental Group specially organized an investigation team to be responsible for finding out the real cause of this phenomenon! "

When Li Xuan said this, he paused for a while and showed a strange smile.

"I guess some people have already moved the reason, yes, it is because of icq! Oriental Group is one of the most networked companies in the world, and almost every employee has a computer!

When everyone started to use icq, many things that used to need to be communicated on the phone were communicated online by typing! And icq also provides special features like multi-person group chat at the same time, which in some cases is more efficient than just one-to-one phone communication!

After figuring out the crux of the problem, the other senior management of the group and I can finally relax. But there is another group of people who can't sleep at night because of this, and then even triggered a merger and acquisition case with a total amount of up to 7 billion US dollars! "

Li Xuan, like telling a reasoning story, always hangs people's appetites at critical moments! Fortunately, he just swallowed and quickly continued the topic just now.

"In order to simplify management, the colonial government of Hong Kong basically adopted exclusive policies for public utilities including water, electricity, communications, etc. The communications business in Hong Kong is mainly operated by the Hong Kong Telephone Company and the Hong Kong Dadong Telegraph Office. The former is responsible for the local telephone business, the latter is responsible for the long-distance telephone business!

But with the emergence of the Internet, the emerging network communication has begun to have a greater and greater impact on the traditional telecommunications industry! For example, e-mail is gradually replacing fax machines, and instant messaging software like icq can have an impact on phone usage to a certain extent!

If you have followed the patent applications of the Oriental Research Institute carefully, you must know that the Oriental Research Institute applied for a series of Internet-based Internet phone patents as early as two years ago!

If such software really achieves commercial operation, it may cause a devastating blow to the current telecom operators! Because this VoIP technology is based on the Internet, it does not require a series of complex and expensive infrastructure such as digital program-controlled telephone exchanges, and the operating cost is much lower than the current traditional telephone companies!

It is precisely because of seeing such a terrifying prospect that the Hong Kong Telephone Company and the Hong Kong Long Distance Telephone Company, which was split from the Hong Kong Dadong Telegraph Office, finally completed the merger not long ago after arduous negotiations for half a year!

On the one hand, the new company after the merger, Hong Kong Telecom, is actively responding to the challenges of the Internet era through resource integration, striving to improve efficiency and reduce costs!

On the other hand, Hong Kong Telecom began to actively promote the construction of Internet infrastructure with greater efforts than before, and actively transformed from the original communication operator to the network communication operator! "

When Li Xuan said this, the venue began to become quiet, and everyone seemed to be still chewing on the huge information contained in his words just now.

At the beginning, Li Xuan bought 349% of the shares of Hong Kong Telephone Company from Jardine Matheson and officially entered the basic communication field in Hong Kong! And it wants to integrate Hong Kong's communications market, the biggest stumbling block it faces is the Hong Kong Dadong Telegraph Office.

The Dadong Telegraph Office was originally the British state-owned communications operator responsible for the Asian communications business. After the British Conservative Party headed by Thatcher came to power, it was privatized in 1981.

At that time, Li Xuan's Dongfang Group was only beginning to take shape. He didn't have such great ambitions and strength to deploy in the field of communications. He had to say that he missed an excellent opportunity to control the Dadong Telegraph Bureau.

In order to obtain Hong Kong's long-distance communication franchise, the Dadong Telegraph Bureau established a joint venture with the Hong Kong government to establish the Hong Kong Dadong Telegraph Company, of which the Hong Kong government only accounted for about 20% of the equity. In fact, more than 60% of the profits of the parent company of the British Dadong Telegraph Office come from the Hong Kong Dadong Telegraph Office, a joint venture with the Hong Kong government.

This situation made Li Xuan want to acquire the 80% equity of Hong Kong Dadong Telegraph Bureau from the British parent company of Dadong Telegraph Office, which is extremely difficult! In fact, the exclusive rights granted by the Hong Kong government to the Dadong Telegraph Office include all of Hong Kong's international telecommunications services. It's just that the Internet had not yet sprouted in Hong Kong at that time, so there was no special mention of this.

Relying on this flaw, which is not a loophole, Li Xuan began to invest heavily in the construction of network infrastructure after gaining control of the Hong Kong Telephone Company, and directly bypassed the Dadong Telegraph Office to achieve connectivity with the Internet.

For this reason, the Hong Kong Telephone Company also fought a long lawsuit that lasted two and a half years with the Dadong Telegraph Bureau. In the end, under the mediation of the Hong Kong government authorities, the two parties finally established a joint venture company to be responsible for specializing in the commercial Internet access services in Hong Kong.

However, the early Internet basic operating income is not proportional to the huge infrastructure investment cost, so the loss of the joint venture company is very scary. Li Xuan can bear these losses, but Dadong Telegraph Bureau, as a British company listed in London, must give an explanation to its shareholders.

So the most real result is that the Dadong Telegraph Bureau is unwilling to increase capital to make up for the loss, and the equity in the joint venture company continues to decrease!

With the good opportunity of icq and the so-called Internet phone patents that were not issued, Li Xuan finally found an opportunity to force the Dadong Telegraph Office to retreat. If the other party is unwilling to withdraw from the Hong Kong market now, aol does not mind developing a free Internet calling software in the near future.

The Dadong Telegraph Bureau has lost its future because of the continuous dilution of its equity in the new joint venture and the loss of its initiative in the field of basic Internet services.

And now it is facing such a blatant threat from Li Xuan, and finally the Dadong Telegraph Bureau finally chose to take the money and leave. As a result, the Hong Kong Long-distance Telephone Company and the Hong Kong Telephone Company completed the merger, and the newly born Hong Kong Telecom Company completely monopolized the basic telecommunications services in Hong Kong.

After today, the fear that the Dadong Telegraph Office once faced will also fall on the heads of the basic communication operators in the United States, including at&t (American Telegraph and Telephone Company). Wonderful!

The stock price is a wonderful thing, it represents not the current real value of the company, but the investor's expected value of the company in the future! Therefore, the stock prices of some companies that are obviously profitable may fall all the way, while some companies that have been losing money, but the more losses, the higher the stock price!

AT&T is now the No. 1 telecom operator in the U.S. because it basically monopolizes the U.S. long-distance telephone business. And according to what Li Xuan just described, the impact that AT&T will face in the future may also be the biggest!

How can we avoid shareholders' panic about the future? Then learn from Hong Kong Telecom, actively increase investment in the construction of Internet infrastructure, and transform into a network communication operator.

In fact, the emergence of skype in another time and space has indeed seriously impacted the traditional telephone business.

But skype is long overdue!

Because when it appeared, the new revenue brought by mobile communication and Internet communication made these basic communication operators less dependent on traditional telephone services. For example, even before Li Xuan's rebirth, companies like at&t still ranked among the top 500 global companies every year.

But ordinary investors can't predict it, so in order to restore the confidence of investors and not let the stock price fall too ugly, whether the board of directors and management of at&t is willing or not, increasing the investment in the layout of the Internet industry is their only Way out, because this represents a bright future!