Rebirth of England.

Chapter 762 Casablanca

Speaking of Africa, in many people's impressions, it is the hometown of black people and is mainly populated by black people.

In fact, there are many countries in Africa that are not black countries, such as Egypt, Libya, Algeria and Tunisia, which are mainly white people, or to be more precise, Arabs. Most of these countries are concentrated in North Africa.

This includes Morocco, where Baron’s fleet is about to arrive.

Morocco is known as the back garden of Europe. As we can see from the map, Morocco is very close to Europe and is just across the sea from Spain.

This place was once ruled by France and Spain respectively, so you can also see many Europeans in Morocco.

"There are so many towns in the world, and there are so many taverns in the towns, but she walked into my tavern..."

“Wow, Casablanca, I’ve seen that movie too.”

Barron's two superyachts were docked in Casablanca, the largest city and port in Morocco. It is also the place where the story of the classic movie "Casablanca" takes place.

After the fleet arrived in African waters, this was also the first African port they docked at.

It is worth mentioning that before this, the main mineral deposit in Kolo was phosphate, which is also Morocco's most important mineral resource. Morocco's phosphate reserves are estimated to be 1100 billion tons, accounting for almost 75% of the world's reserves!

Normally, people here can live a good life just by selling phosphates...

Of course, in reality, for a small country like Morocco, which was once a colony, it is naturally difficult for such mineral resources to benefit ordinary people, and the French influence here is still strong.

For example, Countess of Bute and Bonnie had visited Morocco before, and Tamarin had recovered well. She walked with Barron on the streets of Casablanca and exclaimed:

"This place looks like a European city. Whether it's the architectural style or the pedestrians, it doesn't look like an African country at all..."

"Yes, Morocco is often called the least African country in Africa. After all, it is mainly inhabited by Arabs and Berbers, all of whom are white, accounting for 95% of the total population..."

Barron took her hand and said to the woman:
"And this place was ruled by France for a long time, so the architectural style and culture are very similar to those in Europe..."

"You know a lot, dear."

Facing Tamaran's admiring gaze, Barron touched his nose - well, this is what Bonnie had told him before when they were about to reach the shore...

Whether coming to Morocco or docking at ports in Portugal and Spain before, with the exception of Barron's two superyachts, the two warships belonging to Colo are not convenient to dock for a long time except for necessary supplies. Therefore, they often temporarily anchor near the coast and wait for protection after Barron's play.

Barron and his group will stay at the most luxurious hotel in Casablanca, spend two days here, and then set off again. …

On August 8, the UK's Secretary of State for Digital, Culture, Media and Sport announced the UK's "Super Broadband Future Plan".

According to this plan, the British government will invest in stages, totaling 50 billion pounds, to subsidize the construction of facilities of relevant telecommunications companies. The goal is to achieve 95% national high-speed network coverage within five years, and the public can enjoy at least 24Mbps high-speed broadband network.

What is different from the previous time is that this time it is not British Telecom (BT) that receives the largest subsidy share for this plan. In addition to BT, O2 Telecom also received at least 35% of the subsidy share based on the broadband transformation plan for the next five years that they proposed to the British government.

If O2 Telecom can complete this transformation plan, they can even get more than half of the subsidy share...

In addition, the British government will invest 80 billion pounds to establish a national digital industry investment fund, which will provide investment and low-interest financing to related digital industry companies to help related British companies develop.

It can be said that this plan has been widely anticipated since it was proposed.

Not only will this promote the popularization of broadband networks in the UK, but it will also greatly promote the digital industry in the UK.

So far, Digital Future Investment Company under Caesar Fund has invested in more than 100 projects, including start-ups that have achieved relatively good returns on investment. In addition, some companies with unique technologies or ideas have been acquired by companies such as Woaw, Argos Retail Group and DailyVedio, and the effect is very obvious.

Now with the official support from the UK, even from the perspective of Digital Future Investment Company, many of the start-up projects they support are likely to receive support from this digital industry investment fund, thereby alleviating the financial pressure on Digital Future.

In addition to this good news, O2 Telecom CEO Barry Trelles, who went to Germany to negotiate with Deutsche Telekom, also brought good results to Barron.

Finally, after O2 Telecom's bid reached 43.5 billion euros, Deutsche Telekom finally gave in and was willing to sell its shares in Hellenic Telecom to O2 Telecom - which means that Deutsche Telekom finally gave up control of Hellenic Telecom.

After completing this acquisition, O2 Telecom's stake in Hellenic Telecom will exceed 60%, turning it into a subsidiary of O2 Telecom.

After Greek Telecom becomes a subsidiary of O2 Telecom, O2 Telecom will successfully enter the Southern European market and consolidate its Eastern European market, becoming one of the telecommunications companies with the largest number of users in this market...

"The market in Eastern Europe is developing very fast. Compared with the markets in Western Europe and Northern Europe, which have entered a relatively stable period, the market there has more potential..."

Barry Trelles wrote in an email to Barron’s:
"And the most important thing is that the young people there are very enthusiastic about our culture and trends. And as many countries try to integrate into the EU, their markets are completely open to us. It will also become a market that many European telecom companies are actively exploring..."

Indeed, Eastern Europe is now not only one of the important markets for Western European products, but also the young people there are beginning to fill the labor shortage here as they integrate into the European Union. They are happy to go to Western Europe and other countries to work, and they do not have the habit of saving too much, and are very willing to spend the income they earn.

Therefore, not only O2 Telecom, but also other industries in Burundi, such as Argos Retail Group, have begun to expand into the Eastern European market as a new frontier after the markets in Western Europe and Northern Europe have stabilized.

(End of this chapter)