Chapter 430: Turning Decay into Magic

Seeing the expressions of Yang Bohua and Song Luancheng, Li Dongling still said, "Dongling Gao Ke can establish a company in Xiangjiang specifically for acquiring Hong Kong Telecom!

Dongling Gao Ke can take out about 15% of its equity, plus Feiyan Technology's equity, to provide loan guarantees for this company.

But this acquisition cannot affect Dongling Gao Ke. You also know how many people's rice bowls Dongling Gao Ke is related to now. It really cannot take risks..."

Hearing Li Dongling's last sentence, Yang Bohua and the two also had their faces change greatly. If Dongling Gao Ke were really implicated because of the acquisition of Hong Kong Telecom, to the point of being unable to keep employment positions, then such a risk is not something they can afford to bear.

In the past few years, the country has been at the most critical juncture. Why is the State Economic and Trade Commission becoming more and more powerful, taking over so many local central enterprises and state-owned enterprises? It is to keep the rice bowls and try every means to create employment positions.

Dongling Gao Ke can be supported by Yanjing State Economic and Trade Commission and other departments. Earning foreign exchange is just one aspect. More importantly, it can provide employment positions, and a large number of employment positions. This is what Yanjing State Economic and Trade Commission, State-owned Assets and other departments, as well as Hanxi and various domestic localities, are most concerned about. Everyone now needs employment positions that can pay wages. One position may relate to the livelihood of a whole family!

And if the acquisition of Hong Kong Telecom affects Dongling Gao Ke, and even affects employment positions, this pot is not something Yang Bohua and the others can carry.

But, to acquire Hong Kong Telecom with a market value of over 100 billion Hong Kong dollars, if you want to borrow acquisition funds from banks, you need collateral.

In his previous life, Li Zekai of the Xiangjiang Changjiang Li family could use empty-handed white wolves to borrow more than 10 billion US dollars from more than 30 banks without collateral to acquire Hong Kong Telecom, mainly because of his father.

Although it is rumored in the Jianghu that their father-son relationship is not good, and when Li Zekai acquired Hong Kong Telecom, the Xiangjiang Changjiang Li boss specifically told the media that the Xiangjiang Changjiang Group did not participate in the acquisition of Hong Kong Telecom.

But whether the outside world believes this announcement, only ghosts know. Those banks and consortia are willing to let Li Zekai get loans without collateral, mainly because of his father. If he can't pay it back, he definitely needs his father to pay it back. It is natural for a son to pay his father's debts, so those banks are not worried at all.

Similarly, for Dongling Gao Ke, if Dongling Gao Ke's equity is used as collateral to borrow money from banks to acquire Hong Kong Telecom, it is estimated that banks, overseas consortia, investment banks, and all parties will be happy to see it happen. With Dongling Gao Ke's revenue capability, those banks wish Dongling Gao Ke couldn't pay it back, and then take the opportunity to swallow Dongling Gao Ke...

But, Li Dongling is only willing to take out a portion of Dongling Gao Ke's equity, plus Feiyan Technology's equity, to provide guarantees for that company in Xiangjiang used to acquire Hong Kong Telecom. Then it is hard to say whether banks and consortia are willing to help with all their strength.

"If Dongling Gao Ke joins this acquisition, I hope to get the full support of the post and telecommunications department, Telecom Company, Bank of China, State Investment Group, and other companies, and it is the only company in the country that supports the acquisition of Hong Kong Telecom!"

Li Dongling said meaningfully to Yang Bohua and Song Luancheng, putting forward the conditions for Dongling Gao Ke to enter the field to acquire Hong Kong Telecom.

Li Dongling made his position clear. If Yang Bohua can fight for these conditions for Dongling Gao Ke in the post and telecommunications department, then Dongling Gao Ke can march south. Otherwise, stop here.

Yang Bohua listened to the conditions put forward by Li Dongling, thought for a while, and looked at Li Dongling, "If Dongling Gao Ke can acquire Hong Kong Telecom, how to operate it to ensure it operates normally and will not fall into losses or bankruptcy!

In the future, the Hong Kong telecommunications industry will continue to issue telecommunications licenses. Even if Hong Kong Telecom can maintain its advantage, it is difficult to completely occupy the entire Hong Kong landline telephone industry as before!"

Although this time, the post and telecommunications department wants Dongling Gao Ke to take the field, as long as the major shareholder of Hong Kong Telecom belongs to the country after the acquisition, whether Hong Kong Telecom lives or dies has nothing to do with Yanjing.

But this time, so much foreign exchange is to be used, and such a high price is to be paid. If a pile of broken copper and iron is bought back, the price is too high!

Song Luancheng also looked at Li Dongling curiously. He was from Hanxi. He didn't know how many rumors about Li Dongling he had heard. From Dongling Gao Ke to Feiyan Technology to Torch Group, it is rumored that these projects that amazed countless people are all related to Li Dongling. He didn't know how Li Dongling would operate Hong Kong Telecom.

"In the world, there is nothing absolute. Things that haven't happened, who can say for sure!"

Li Dongling shook his head and said. He was not willing to say anything to guarantee, which is equivalent to digging a hole for himself.

"However, if Hong Kong Telecom can be acquired, there are some ideas in the future, but whether it can be done, no one knows..."

Saying that, Li Dongling dipped his finger in tea and wrote two words on the stone table. A moment later, the tea water slowly disappeared, and the two words "Internet" and "3G" also slowly disappeared. Yang Bohua and Song Luancheng were still deep in thought about these two words they had just seen.

Yang Bohua and Song Luancheng wanted to ask, but looking at Li Dongling's expression, he was clearly not willing to say more about the meaning of these two words. Although they were itchy in their hearts, they could only give up.

Internet and 3G are not fresh words now. It is not very popular in the country, but it can't be said to be unfamiliar.

The key is how to operate it and who will operate it. Just like the same moves in martial arts, some people use them like flower frames, while others can turn decay into magic and become famous unique skills in the Jianghu. It depends on the user's foundation!

"I will return to Yanjing today and report your meaning to the department. Before you go to Xiangjiang, I will give you an answer!"

Yang Bohua and the two got up and left. Both of them also had to report to their respective departments and companies. This is not a small matter, and it involves more people.

After the two left, Li Dongling was also calculating the gains and losses of acquiring Hong Kong Telecom. This acquisition does not involve any small losses or small profits. Either make a big profit, or lose everything.

And for Dongling Gao Ke, if it can take down Hong Kong Telecom and take the opportunity to enter the overseas telecommunications market, then in the future, where there are base station signal towers and broadband networks provided by Hong Kong Telecom, there can be Dongling Gao Ke's mobile phones, computers, tablets, Internet TVs, and other products.

And don't worry about being targeted. Regardless of whether the local government will target Dongling Gao Ke's products, as long as the local users use Hong Kong Telecom's network, Dongling Gao Ke's products can continue to enter the local market through contract machines or by changing skins.

Unless the local government department can't think straight and pulls its own network cable, wanting to let the users in these places enter the primitive life state, mobile phones, computers, tablets, etc., cannot connect to the Internet to chat, brush videos, watch TV series, games, etc., but who among those who have been exposed to this modern life can hold back these?

And the telecommunications industry, as long as it passes the cost of laying base stations and broadband in the early stage, it basically lies down and earns money in the later stage. In his previous life, Hong Kong Telecom was still a cash cow decades later, even though its mobile business and broadband business were almost a pile of shit, and it didn't want to spend money to develop for decades.

But Hong Kong Telecom still relied on the landline business to earn 30 to 40 billion Hong Kong dollars in revenue every year, and the profit was around 35%. It was definitely a cash cow. It distributed 27 billion Hong Kong dollars in dividends in five years. The second son of the Xiangjiang Changjiang Li family almost treated it as a money tree, desperately distributing dividends every year, because he was the major shareholder of Hong Kong Telecom with more than 52% of the shares. Who else's pocket did the dividend money go into?

As for the money spent on acquiring Hong Kong Telecom, how to repay it? The conventional operation is, of course, to earn money every year, then pay interest to the bank, and slowly repay the principal. It will be paid off in a few decades, but this belongs to working for the bank.

Just like Li Zekai of the Xiangjiang Changjiang Li family in his previous life, after acquiring Hong Kong Telecom, he played sleazy operations but played off. At the critical moment, he, who claimed not to need his father's support, still had his father borrow nearly 10 billion Hong Kong dollars through others to help him tide over the difficulties and avoid bankruptcy.

But after Li Zekai took down Hong Kong Telecom, he was also heavily in debt, and even sold Penguin's equity to save the emergency. It took more than ten years to pay off the more than 10 billion US dollars owed to the bank, but Hong Kong Telecom was also dragged down, missing the 3G and 4G markets. Decades later, it was still relying on the landline wired telephone market to make a living.

If it were Dongling Gao Ke's acquisition, Li Dongling definitely couldn't work for the bank after buying back Hong Kong Telecom. He definitely had to use some other means.

The most direct one is the Internet. The concept of Cyberport in his previous life is promising. Even if it is a sleazy operation, using this name, whether it is issuing stock financing or operating Hong Kong Telecom into the stock markets of America and Old Europe to circle money, it is much stronger than playing Cyberport as real estate!

If he really acquired Hong Kong Telecom, Li Dongling was not too worried about repaying the debt borrowed from the bank. Not to mention anything else, just the Yahoo equity held by the Zhixing Foundation, selling it a few years later would be enough to repay this loan.

In addition, relying on the Orange Telecom earned by the Xiangjiang Changjiang Li family in England is also enough to repay the debt, and there are various sleazy operations. It just depends on whether Li Dongling is willing to use them!

(End of chapter) ===== CHAPTER 431 =====