Rebirth Tokyo 1986

Chapter 235: Heavy Investment in Telecommunications
The countries in Southeast Asia are basically poor, and no telecom giants have settled in yet.

Singapore is the only country with some money, and its telecommunications industry has only recently emerged, so it won't cost much to invest in it.

Latin America is different. The economies of these countries are much better than those of Southeast Asian countries, and the average GDP even surpasses that of Eastern Europe.

Of course, this is also related to the economic failure of Eastern European countries.

If Eastern Europe had not suffered long-term imperialist oppression from the Soviet Union, the economic level would not have been lower than that of Latin America.

But no matter what, the economic conditions in Latin America were indeed very good at that time, and the telecommunications industry was far more developed than that in Southeast Asia.

The largest countries, Mexico and Brazil, have their own independent telecommunications industries.

Smaller countries, Peru and Chile, are backed by Telefonica.

"Look for opportunities, and focus on the Mexican and Brazilian markets."

"I heard that Mexico is currently undergoing privatization reforms. Do you think there is any chance to cooperate with local local leaders and directly participate in the privatization of Telecom Mexico?"

Influenced by the socialist trend, after World War II, many capitalist countries also implemented the strategy of state monopoly of vital industries.

But soon, with the decline of the Soviet and Eastern European economies, capitalist countries began to carry out privatization reforms.

The vital industries of many countries have been split into joint-stock companies and then listed on the market.

Among these smart countries, the state still dominates the lifeline of state-owned enterprises after the split.

For example, BP, BT, and the lifeblood of state-owned enterprises in Germany and France.

Those who were badly cheated sold all their state-owned assets.

For example, Mexico now has this plan.

In fact, China will also begin to implement privatization reforms in the near future.

However, China has learned from Western European countries, and vital industries are still dominated by the state, and private individuals can only participate in management.

In other words, the state decides the development direction of vital industries, and private capital has the right to make suggestions but not the right to make decisions.

"Mexican Telecom to be privatized?"

Lou Gerstner was a little surprised and didn't know why Mexico would do this.

"Yes, Mexico is very short of money now and is preparing to sell assets to pay off debts."

In the 20s, the United States fell into severe stagflation, and its neighbors in Latin America were also having a hard time and fell into a serious debt crisis.

What to do if you are seriously in debt?
The general choice of a country is to sell some assets and tighten its belt.

In this way, the remaining assets can still make money and ensure future development.

It’s different in Mexico, where they choose to sell everything.

I don't feel bad when my son sells my father's land. The most important thing is to feel happy now.

In the mid-to-late 20s, the Mexican leaf problem became increasingly serious, which was affected by this factor.

The national treasury is short of money and all expenditures have been cut on a large scale.

If you don't occupy a place, someone else will.

Gradually, various leaf groups began to monopolize local rights.

The most important reason why the Mexican Leaf War was so difficult to deal with was that the central government lost control over the local areas.

“Which foreign capital is ready to participate?”

Only by knowing your friends can you win every battle.

Lou Gerstner wanted to know more intelligence so that he could decide the outcome in one battle.

"Foreign capital is not important. We need to keep a close eye on the local tyrants."

"I think this Arab named Carlos has a good chance of winning."

Carlos, whose ancestors are Lebanese, has now assimilated into Mexico.

He was also the helmsman of America Movil, the telecommunications giant formed by the reorganization of Telecom Mexico.

At the peak of his assets, he even remained the world's richest man for many years.

"Do you want to cooperate?"

"That's right. Our company has no experience in operating a telecommunications company, nor does it have in-depth local operations. Owning a portion of the company's shares is the best option."

"Understood. What about Brazil?"

The two largest countries in Latin America are Mexico and Argentina.

After fully integrating into the telecommunications markets of these two countries, it will not be a big problem even if we cannot enter the rest.

"In Brazil, there are many competitors. See if there is an opportunity to invest in Brazil Telecom and Portugal Telecom."

“If the chances are slim, just go for Brasil Telecom.”

Brazil's market is larger than Mexico's, so there are multiple telecom companies competing.

Among them, the local company Brasil Telecom occupies a dominant position, but Portugal Telecom and Telefonica should not be underestimated.

A country that has the status of a former colonial master and has been deeply rooted in the local area for many years.

One that has many markets in Latin America outside of Mexico and Brazil and continues to erode Brazil's telecommunications industry share.

Of course, there is no need to overestimate it.

The telecommunications industry in developing countries is currently developing at a relatively average level.

The telecommunications company that monopolized Mexico was ultimately sold for just over $10 billion.

Although Brazil is larger in size, it does not monopolize the entire market and its market value is unlikely to exceed US$50 billion.

Xinghai Semiconductor only acquired 10% to 20% of the shares, and the existing assets were more than enough.

The 90s was a period of great development for the world's telecommunications industry.

Lou Gerstner is responsible for developing countries, while Xinghai Investment is responsible for developed countries.

After briefly explaining the basic situation in Latin America and Southeast Asia, Masato Takeshita returned to Xinghai Investment.

"Will be well."

"Ah."

"Good afternoon, President."

"good afternoon."

After greeting the employees in a friendly manner, Masato Takeshita returned to his office.

"Asano-san, notify President Kamoto and President Nagasawa to hold a meeting."

"Yes, President!"

Full-time secretary Kayo Asano bowed slightly and respectfully, then strode towards the offices of the presidents.

While the young man was waiting leisurely in his office, everyone at Xinghai Investment was discussing the purpose of the chairman's return.

"You guys think that the president came back suddenly. Did something big happen?"

"I don't know, but I think it should be fine."

"If something serious happened, how could the president look so relaxed?"

"Well, that makes sense."

Just as Yamashiro Taro and Sawaten Junichi were whispering to each other, Konishi Sadao, who was sitting next to them, turned around and interrupted.

"What are you two thinking? The president is a genius. How could he panic like an ordinary person when faced with something?"

But he quickly changed the subject and continued in a low voice: "But I think nothing serious really happened."

"The president must have suddenly thought of something related to business, so he suddenly returned."

Konishi Sadao had a keener sense of smell and vaguely sensed the reason why the young man returned.

"Okay, Xiaoxi, you convinced me."

"No wonder Xiaoxi won so much bonus last year, it's amazing."

The two of them sang in unison, laughing and teasing their new friend.

"Forget it, you two guys. Let's not talk about this anymore. Let's just complete today's acquisition mission as soon as possible."

Masato Takeshita had just instructed on the purchase of Hong Kong stock assets in the morning, and Takamasa Yoshimoto immediately gave the instructions.

Several people were assigned tasks, which needed to be completed on time every day.

"It's nothing. It's all my job. There's no need to be too anxious."

"That's right, that's right, why rush?"

Ze Tianrun responded and opened his Hong Kong stock account with a smile.

"Hehe, if there's no hurry, why are you two opening your accounts?"

"Complete more tasks and you will get more bonuses."

After saying that, Konishi Sadao ignored the two of them and skillfully manipulated the funds to buy a large amount of real estate company stocks.

Yes, Masato Takeshita’s investment target in Hong Kong City is mainly real estate companies.

Cheung Kong, New World Development, Sun Hung Kai Properties, and Henderson Land Development are all targets selected by young people. In addition, giant companies such as Hutchison Whampoa, Hongkong Land, Swire, and Harbour City Telecom are also major targets of Xinghai Investment.

Among Hong Kong's large companies, the only exception is HSBC.

There is no way, this bank is protected by local laws.

The largest shareholder can only own 1% of the shares.

We have to wait until HSBC moves its headquarters out of Hong Kong before we can acquire a large stake in it.

"Here you go, sit down."

Masato Takeshita skillfully invited the two to sit down, and then casually gave instructions to Kayo Asano.

"Bring me some black tea and coffee."

"Yes, President!"

After the three of them had a brief chat, the young man said casually.

"I seem to have talked most about the development direction of business in Southeast Asia, Hong Kong, and South Korea this morning."

“Investment from the United States is also mainly in emerging industries such as semiconductors.”

"right?"

"Yes."

"Yeah, that's right."

The two of them nodded at the same time and responded respectfully one after another.

"What did I say about the telecommunications industry?"

Kamoto Takashima said: "The chairman asked us to invest mainly in the seven Bells that were spun off from ATT."

"As for ATT, the main company, we will just leave it there for now."

Masato Takeshita nodded as if he understood something.

"I see. Got it."

"The thing is, I think just a few Little Bells are not enough."

"We also need to find a way to acquire a stake in the emerging telecommunications company that ATT is supporting."

After the split of ATT, the mobile communications industry was divided up among seven small Bell companies.

The only business left for the company is fixed-line telephone services and international long-distance services.

What’s even worse is that the government has been obstructing its efforts to develop its own mobile communications business.

In desperation, ATT came up with a plan to go public through a backdoor listing.

I will first support a mobile communications company, and then acquire it in full when the time is right.

The young man suddenly thought that he naturally could not miss this feast of wealth.

"clear."

The two of them quickly wrote it down and prepared to hand it over to Kikuno Shinji in the evening.

Yes, Shinji Kikuno mainly works the evening shift now.

There's no other way. He is now in charge of American business, so he has to trouble himself temporarily.

"Also, we need to find a way to acquire shares in European telecommunications companies."

"Um, President, the telecommunications markets in most European countries have not yet been opened up."

Europe was most influenced by the Soviet Union and therefore has the most state-owned enterprises.

Of the three major European Community countries, only the United Kingdom has opened up its telecommunications industry.

As for France and Germany, it will have to wait until after 1996.

"It doesn't matter. We will invest in Vodafone, British Telecom and Telefonica first."

“These companies are all very high-quality telecommunications companies.”

"It is not only beneficial to the capital appreciation of Xinghai Investment, but also beneficial to the business development of Xinghai Mobile."

There is no need to say much about British Telecom and Telefonica.

A UK-first telecommunications company that also has influence in Commonwealth countries.

The leading telecommunications company in Spain, with huge influence in Latin America.

Although Vodafone does not have the market stability of the two major national telecommunications companies, it has become the world's largest mobile communications company by relying on its first-mover advantage.

Before 2000, this was a truly excellent asset.

Xinghai Investment must act first and occupy an advantageous position.

"clear."

After talking about several major giants, Masato Takeshita also wants to give everyone a certain degree of autonomy.

"Our company's targets in Europe are mainly telecommunications companies."

"If Jiaben-san sees a relatively good development, he should not be stingy with the funds."

“You now have $5 million in independent investment.”

"Yes."

Upon hearing that he also had similar authority as Kikuno Shinji, Kamoto Takashi couldn't help but curl up the corners of his mouth.

Which hedge fund employee doesn’t want to have certain ability to manage funds?
"Congratulations, Kamoto-san."

Masao Nagasawa's tone was sour, but he was indeed happy for his friend.

He also wanted to obtain investment rights, but this was destined to be a dream.

"No, we are all working under the president."

Yoshimoto Takamasa did not get carried away and still looked at Takeshita Masato humbly.

The young man waved his hand and said nonchalantly: "Okay, this is what you deserve."

Then he quickly changed the subject.

"There is one more thing, which is my personal holding of funds and the fact that my employees hold shares in funds. You should pay special attention to it."

"Yes!"

When it comes to their own interests, the two people become more serious.

They don't want to lose a lot of wealth because of carelessness.

"Don't be so serious. I have already printed these things out."

"I'll send it to you when I'm done."

What you say is ultimately not as good as what you print out in black and white.

This way, even if you forget something, you can recall it quickly by looking at it again.

The reason why it is not sent out now.

There is a factor of chatting to deepen the relationship between each other, and there is also a factor of emphasizing that the matter is very important.

"But it must be kept well and not discovered by outsiders."

“A lot of companies are watching us closely and want to know our investment targets.”

The information of Xinghai Investment is very valuable, especially the choice of investment direction.

There are rumors in the market that the reward for this information is over 10 billion yen.

A hole may not be empty, and Xinghai Investment must be more cautious in the future.

"Please rest assured, President. I will keep it in the company safe and only view it in the company."

"Well, I trust your work, so I won't give it to Nagasawa-san for the time being."

"Sorry."

In fact, Masato Takeshita did not want to invite Masao Nagasawa to come over for the discussion.

But when they thought about his loyalty and the fact that he was in charge of supervising the business, they finally pulled him over.

"President, don't worry about me. I'm not responsible for investment, so it doesn't matter whether I know or not."

"Well, I have something else to do, you guys continue chatting."

Masao Nagasawa knew that the next investment target must be the company with the greatest profit.

Since they are all proprietary funds, they naturally make the most profit.

Just like the Taiwan stock market, which had even more exaggerated growth before, there is only investment in the Cipai Fund.

He was worried that he might accidentally let something slip, so he simply ignored it.

Once he completes the investment task, he will naturally know which companies they are.

(End of this chapter)