Back To 1995

   Chapter 619 Snake Swallowing Elephant

After    hung up the phone, Bernard Ebbs made several consecutive calls, including several major shareholders of WorldCom Telecom, several major banks in America, Wall Street investment banks, and so on.

Sitchmore, who was on the side, was frightened. He could feel the boldness and madness of Bernard Ebbs. Bernard Ebbs was going to issue a large amount of new stock and borrowed a lot from Wall Street institutions. , the US dollars raised may even exceed 30 billion US dollars, and MCI must be included in the pocket at all costs!

Sitchmore was taken aback by Bernard Ebbs' rhetoric. He didn't know if Bernard Ebbs was really sure, whether this acquisition would make WorldCom a lot of money, or was he crazy? I feel that I have left behind for myself and WorldCom.

After making a few calls, Bernard Ebes looked up at Sitchmore and spread his hand, Bernard Ebes reluctantly spread his hand towards Sitchmore and sighed, "You see, here I am. Too busy, if WorldCom can have more people like you and Scott, I don't have to be busy..."

Although he has just recruited Sitchmore, Bernard Ebbs has made no secret of his trust in Sitchmore. In his words, he treats Sitchmore as a confidant like Scott, who is in charge of WorldCom's finances. Scott, the absolute confidant of Bernard Ebbs, is also WorldCom's number two.

   "What's the matter?" Bernard Ebbs finally asked the business.

   Hitchmore was a little complicated in his heart. He could feel the importance Bernard Ebbs attached to him, but he saw the internal problems of WorldCom, which gave Hitchmore a headache.

"President Ebes, the internal situation of Worldcom is somewhat beyond my expectations, including Worldcom, as well as the acquired high-speed transmission telecom, resurrection telecom, IDB, MFS telecom, etc. The lines of these telecom companies are completely separated. The technical standards are also different, WorldCom has not integrated these telephone lines, and some lines have not been updated and maintained for several years..."

Sitch Moore felt that WorldCom was completely in a mess. The companies it acquired were all fighting each other. The companies that WorldCom spent hundreds of millions or billions of dollars to buy back did not give WorldCom a return at all. .

Even some lines have not been changed for many years, and it is not a matter of one or two complaints. WorldCom has not heard of it. It seems that it does not care about the user experience at all. As long as investors who bought WorldCom stock have no opinion, It's enough that WorldCom's stock price keeps going up.

   "In addition, WorldCom does not have the most emerging broadband and mobile Internet services in the telecom industry!"

   Hearing Sitchmore's words, Bernard Ebbs didn't seem surprised at all, and even laughed, "With the acquisition of MCI, WorldCom has all these!"

   Bernard Ebbs has no worries about Sitchmore's assertion that WorldCom lags behind America Telecom, Sprint and other telecom companies in telecommunications and other fields.

   As long as MCI Telecom is acquired, WorldCom will be able to obtain broadband lines and mobile base stations laid by MCI, saving WorldCom's time and making it happen in one step.

   Seeing Sitchmore's worried look, Bernard Ebbs comforted Sitchmore and said, "Isn't that why I asked you to come to WorldCom?!"

"Help me and WorldCom to handle these problems. As long as WorldCom becomes America's largest telecommunications group and has enough dollars, these are not problems. Worldcom will have enough dollars to solve these troubles. ."

   Then, Bernard Ebbs said something that made Sitchmore's heart skip a beat.

Looking at Sitchmore, Ebes said earnestly, "In the future, WorldCom needs a qualified leader. By the time I retire, WorldCom should already be the largest telecommunications group in America. At that time, WorldCom What is needed is not to acquire more companies, but to stabilize, and someone who understands telecom technology to take over, Scott is a financial expert, but technically…”

   Bernard Ebbs shook his head and did not continue, but his attitude had already been expressed.

Now Ebes is playing the world for WorldCom. When he retires, he will need someone to guard the world. This person must understand the telecommunications industry so that WorldCom will not go wrong. Scott is obviously not in Bernard Ebes. Bass's consideration.

   It was not stated explicitly, but Bernard Ebbs' proposal was already quite tempting, that is, let Hitchmore take over his position as head!

This pie is too big, and Sitchmore is smashed, and his mind feels a little dizzy. It is hard to say whether Ebes really wants him to be the head of WorldCom, but what he said just now has already given him enough hints .

At this moment, a director of the personnel department hurried in, handed Bernard Ebbs a document, and whispered a few words into Bernard Ebbs' ear, without even looking at Sitch Moore. .

   Seeing this, Sitchmore was very sensible and prepared to leave, but Bernard Ebbs stopped him and threw the document in his hand on the table.

"You should know about this," Bernard Ebbs sneered coldly, and said to Sitchmore, "That traitor Crow has escaped, he is a coward, I gave him once, and it is the winner. Chances are, he has to experience failure again.

  He is hiding in America Telecom, WorldCom will beat him again and tell him who is the winner! "

Hearing that Crow went to America Telecom, there was nothing strange about Sitchmore, so he took Ebes' attitude towards Claude. It would be strange if the latter didn't run. As for going to America Telecom, Sitchmore felt, If WorldCom enters the broadband market, then perhaps the biggest rival is America Telecom!

Bernard Ebbs didn't pay too much attention to James Crow's joining America Telecom. The entire telecommunications industry did not report much about James Crow's whereabouts. At this time, the focus was on WorldCom. Not really to buy MCI.

WorldCom, which has acquired MFS Telecom, is already one of the telecom giants in America. If it swallows MCI, it will be able to become one of the global telecom giants, even with the Telephone and Telegraph Group, to see who is the telecom industry. Boss!

  Compared with this matter that can change the telecom industry pattern in America, and even the global telecom market, Crowe, the president of MFS Telecom, doesn't attract much attention wherever he goes.

   "Ten years ago, WorldCom was just a mouse beside the elephant of the Telephone and Telegraph Group. Standing, this mouse has almost tripped the elephant in the telecommunications industry!"

   Daniel Akerson, the president of MCI who received Bernard Ebbs, said to the directors and executives in the conference room with a tone of amazement.

The merger between MCI and British Telecom was only one step away, but was stopped by someone. The person standing in front of MCI should continue to talk with British Telecom, or let WorldCom also enter and accept WorldCom. offer.

   "British Telecom's revenue is five times that of WorldCom. The price quoted this time is US$19 billion. How much can WorldCom offer?"

  An MCI director opened his mouth for British Telecom. If British Telecom could make an offer to MCI, he naturally did some public relations and attracted a group of MCI directors and executives to build momentum for Britain.

   "Why not wait for WorldCom?"

  MCI Senior Vice President Shamrow knocked on the table and said, "WorldCom has quoted $12.5 billion for MFS Telecom, and MFS is less than a fraction of MCI. How much will WorldCom quote us?"

  The director, after hearing this, couldn't help but pouted, "WorldCom just acquired MFS Telecom, how many dollars can you get out?"

  Shamro looked at the director, and then said to Daniel Akerson and other MCI Telecom executives, "I have news channels that WorldCom is going to issue 820 million new shares to raise funds!"

The entire conference room was silent for a while, obviously frightened by the news. WorldCom's current share price has reached more than 30 US dollars. If 820 million new shares can be issued, WorldCom is equivalent to getting more than 20 billion US dollars at a time. As long as WorldCom's stock price does not fall, this is equivalent to more than 20 billion dollars in hard currency.

   Daniel Akerson and the executives of MCI, at this time, there is only one thought in their minds. I don’t know if they are too conservative, or the world is crazy. WorldCom has issued so many new shares. Will those leeks agree? !

  Daniel Akerson felt that this was a little unreliable, but he couldn't help but be moved. If these new shares of WorldCom could be issued, wouldn't it be that they would spend 20 to 30 billion dollars to acquire MCI.

Things in this world are sometimes so magical, even MCI feels unreliable. The leeks who bought WorldCom shares are very ill for WorldCom's drawing and issue new shares to acquire MCI, but they are doing their best. Support, the major banks and institutions in America are also full of support. They are all betting that the acquisition of MCI will make WorldCom's stock price continue to skyrocket. Then their big bet is done!

  The telecommunications industry is like a pot of hot oil that has already been boiled. As long as there is a slight disturbance, it will burst into flames.

  Song Yang didn't stay in New York for too long. After attending the premiere of "The Matrix", ICQ started the roadshow to go public. After winning Bell Labs, Song Yang began to return to San Jose.

  New York is a beautiful world, but it is definitely a place of right and wrong. Song Yang doesn't want to be so eye-catching and being targeted. What he has to do next is to make a fortune in silence, and there is no need to spread hatred everywhere.

When Song Yang returned to San Jose, Eric had brought a group of RICK executives, as well as consultants for the acquisition of Gucci, KKR Group founder Kravis, Comerica Bank's Chris, Goldman Sachs and several institutions Representatives and others flew to Europe on a chartered plane.

   (end of this chapter)