The God of Coding, Becoming an IT Conglomerate

45. ADSL(3)

After reading the proposal, Kim Geon-seok glanced at Ho-yeong.

And I thought.

‘If you roughly think about the price of repeaters and the number of telephone companies, it is a business that requires at least 30 to 40 billion won. Is that a company that has enough capabilities? Maybe in a large company? if not···’

After thinking, Kim Geon-seok opened his mouth.

“Are you planning to do a pilot service in one area and gradually increase it?”

“no. We plan to provide simultaneous service across the country.”

“Then, do you think the necessary funds will be enormous?”

In response to Kim Gun-seok’s question, Ho-young said with a confident face as if asking something useless.

“That amount of money is sufficient.”

“Are there any other companies behind it?”

Sometimes large corporations create front companies to avoid tax and monopoly problems.

Kim Gun-seok asked Ho-young if that was the case.

But, of course, Hoyeong shook her head.

“no. It is possible to prepare for implementation purely with the capital we have.”

“I don’t understand easily. Please tell me the truth. Is it a reputation? If not… Aha! It’s a group of three people, right?”

Hoyoung frowned very weakly at Kim Gunseok’s continued questioning.

Samkyung Group, later renamed SG Group, was a company with great interest in the telecommunications business.

“I can’t show you right now, but if you want, I can show you the financial statements of our company. Our H&H posted sales of 35 billion last year alone. It’s going to go higher this year. And you can get any amount of investment in this business.”

“35 billion?”

At Hoyoung’s words, Kim Geonseok was startled and dropped the soju glass.

It was because the scale of Hoyoung’s company, which he thought was just a hole-in-the-wall shop, was bigger than he thought.

In fact, he concluded that a company with a young man in his early 20s as a director is an unremarkable company.

That’s why I guessed that even if we did business together, it wouldn’t go smoothly.

With his decades of experience as a civil servant and public corporation executive, he was well aware of the challenges of doing a big business with a small company.

“yes. At Korea Telecom, you will never be harmed by what we do. And it’s a risk-free business. If you just lend us a phone line, we’ll pay you a royalty on our sales every year, if you prefer, every month.”

Although he is the vice president, he does not have all the authority to decide this business.

However, when meeting about whether or not to allow this project, it is enough to have a fairly large say.

He was very attracted to Hoyoung’s statement that there was no risk.

‘Whoops. Rather than aggressively producing results, it is a public servant to do something that never loses.

Several years have passed since Korea Telecom was converted into a public corporation, but Kim Geon-seok had been a civil servant for decades before that. Having been a public servant for a long time, he had a safety first mindset, and Hoyoung accurately dug into that psychology.

“And if ADSL succeeds, I will tell the whole world that it was successful thanks to the support of the vice president. After all, isn’t that performance?”

“If something goes wrong with this project…”

“At that time, it would be a case where we failed to take advantage of the opportunity even though the vice president gave it to us.”

He had already shared two bottles of soju, but Kim Gun-seok showed no sign of being drunk.

Instead of drunkenness, desire was creeping up in his eyes.

‘ADSL is highly likely to succeed.’

He had a hunch that ADSL would bring about a great revolution.

However, I put my head together for a while and sorted out the conflict of interests.

After thinking for a moment, he raised his head and said.

“Hmm… yes. I know. If it’s enough to lend a phone line, I’ll try it.”

Hoyoung thought that the light in his eyes twinkled slightly when they met.

‘I can’t refuse.’

Hoyoung was very happy even though he had predicted in advance that he would agree.

In fact, there was nothing bad about this proposal for Kim Gun-seok.

If it succeeds, it will only be Kim Gun-seok’s credit inside Korea Telecom, and even if it fails, it does not invest money or establish a new network, but only needs to sneak out.

Of course, he can take the initiative to buy patent rights from Hoyeong and invest tens of billions of won in Korea Telecom to provide ADSL service.

But he wasn’t that aggressive.

No, all public corporations and public officials at that time were like that.

In particular, Korea Telecom was increasing the number of subscribers who use the phone every day even if they are sitting still.

It was obvious that he thought there was no need to overdo it.

“Then, as soon as possible, make an official schedule and talk at the company.”

“Will you?”

Kim Gun-seok thought that this would further increase his position within the company.

Currently, the retirement age for the CEO of Korea Telecom is about three years away.

When he retired, he felt that it was the best way to get ahead among him and his motives aiming for the next president.

‘Currently, the number of people using PC communication is not much. Even if ADSL succeeds, it will bring about an increase in the number of subscribers to our telephone service.’

He smiled and got up from his seat.

“Then I will wake up first. Let’s go in quickly and set up a meeting date.”

“All right. Take a look.”

Hoyoung bowed his head, and Kim Geon-seok left the room holding the proposal Hoyoung gave him.

Hoyeong stood until she could not hear Kim Gunseok’s footsteps, then sat down again.

“Quack”

He poured the remaining soju into his glass and laughed softly.

‘How can you not recognize the goose that lays golden eggs for safety in front of you?’

Currently, PCs are being sold steadily with Dell Computer and IBM as a pair, but it was still ambiguous to calculate the proper penetration rate.

Gun-seok Kim hastily judged the future based on the number of people currently using PC communication.

In fact, Hoyoung was prepared to accept any unfavorable terms of the contract if the story with Korea Telecom did not go well this time.

Korea’s telecommunications network business at this time was nothing short of a monopoly.

In the early 1900s, the first telephone line was laid at the end of the Joseon Dynasty, and it was a monopoly for about 100 years until the Samkyung Group took over Hanaro Telecom and started the second local phone service in 1999.

Hoyeong had to go back a long way if the Korea Telecom didn’t accept it.

Starting a telecommunications business in conjunction with the Samgyeong Group, installing a telecommunications network across the country, and installing repeaters again… In other words, it was virtually impossible.

“Big.”

Hoyeong happily drank a glass of soju and chewed a piece of sashimi.

ADSL subscribers will reach tens of millions in a few years.

And, if ADSL successfully settles down in Korea, it is almost certain that it will advance to the world including the US and Europe.

Hoyoung happily poured the last shot of soju into her mouth.

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Through contact with Hoyoung, Lee Jin-chan purchased a patent for additional technology that alleviates ADSL’s asymmetry a little and lowers the loss rate when the distance is far from Bellcore for only $1 million.

There was also a technology to reduce confusion during spectroscopy, but this was not purchased, but it was decided to use it by paying an annual fee of 300,000 dollars.

“Then I’ll see you in Korea as soon as possible.”

“okay. Thanks to that, I was able to buy related patents well, Mr. Mason. I hope to see Mason in Korea soon as his work in the United States is completed well.”

Jin-chan said goodbye to Mason, who came to see him off at the airport.

It was the idea of not having to go to the airport.

“yes. Bye then.”

Mason could not come to Korea right away because he had many things to do in the US, such as leaving Bellcore and getting a work visa in Korea.

Lee Jin-chan went out to the departure hall with a light heart.

A lot has happened in a short period of about a month in the United States.

From an advertising contract with ECEC to a job at Bellcore.

I wanted to go back to Korea as soon as possible after being in the US for a week longer than originally planned to take care of everything.

“I will start boarding the plane to Korea. Business and First are this way.”

After waiting for a while in front of the gate, boarding started soon.

The flight back to Korea from New York was business class.

As soon as Jin-chan got on the plane, he covered himself with a blanket and fell asleep.

“excuse me. excuse me.”

how long did you sleep

Jin-chan woke up to the sound of a woman’s voice waking him up.

Since I had told them in advance that I would not receive in-flight meals when I was sleeping, I would not have been a flight attendant.

“Umm… who…?”

When Jin-chan half-opened his eyes and looked at the person who woke him, a woman in the seat next to him across the aisle was calling him.

“Ah… I didn’t know you were sleeping so deeply. really sorry.”

“no. What are you doing?”

At Jin-chan’s words, the woman hesitated.

“excuse me?”

“Ah… Hey, if you’re not going to eat, I was wondering if you could just take the steak and give me some…”

“yes?”

Lee Jin-chan was dumbfounded.

At best, waking people up means asking them to take the in-flight meal.

“It’s not first here, but it’s business. If you ask for more, they will probably give you any leftovers. Since I didn’t eat it, of course it will remain.”

“I’m ashamed of that…”

“yes?”

“I’m a little embarrassed to ask the flight attendants for more food.”

“Why are you shy?”

“Don’t you know me?”

Lee Jin-chan calmly looked at the woman’s face.

She was incredibly beautiful, but I don’t remember meeting her somewhere.

“I don’t know.”

The woman put on a puzzled expression for a moment, but her expression improved.

“Ah, I’m glad… Then can’t I really ask you just once? For some reason, when I get off the plane, I won’t be able to eat anything for a while.”

However, at the woman’s earnest request, Jin-chan called the flight attendant and asked for a steak.

When the flight attendant asked if he would serve the entire course, he said he only needed steak and water.

“Thank you very much! Thank you. Oh, hey… please don’t tell anyone.”

“Who am I going to tell this to?”

After hearing Jin-chan’s answer, the woman next to her smiled and ate the steak Jin-chan gave her.

Jin-chan laughed at the sight and fell back into sleep.

.

The plane landed, and Jin-chan was finally able to set foot on Korean soil.

“Well. Korean smell. How soon will this come back? But why are there so many reporters? Any famous people come in?”

Lee Jin-chan, who was momentarily thrilled, found many reporters waiting with cameras at the arrivals hall, but he didn’t think it was a big deal.

“senior! I do.”

“Five! Brother, how old are you? But why did you come out? Where are all the other employees going?”

“Don’t even talk. Everyone is busy right now, so I lost by lottery.”

“What’s the penalty for coming to pick me up? You can take a taxi.”

“It just got caught. ha ha ha”

Jin-chan and Hyung-jin exchanged silly jokes with each other and were happy to see each other.

Around the time Jin-chan was about to leave the arrivals hall, the reporters waiting there started flashing.

“Who is the great man?”

“I don’t know. I also saw that many reporters were waiting, so I thought someone would come.”

Jin-chan and Hyung-jin were curious and looked at the person receiving the flashlight at the arrival hall.

“uh? steak?”

“uh!”

Jin-chan and Hyung-jin screamed at the same time, and the two looked at each other.

“Do you know that girl?”

“You don’t know? She is a very popular actress these days. I also won the best acting award last year.”

“What?”

“Wow. Are you saying you don’t know your older brother Kim Mi-ae?”

Lee Jin-chan, who usually doesn’t watch TV except for the 9 o’clock news, had no idea who Mi-ae Kim was.

“By the way, senpai, what is steak?”

“Oh, nothing.”

The woman who accepted the steak was a top star.

Jin-chan left the airport thinking that something very strange had happened.

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Upon arriving at the H&H headquarters, Jin-chan looked for Ho-yeong as soon as he arrived.

“senior! You are here. You have been through a lot.”

“What is suffering? However, I want to eat spicy kimchi stew quickly. What are you doing?”

“Fortunately, I finished it just in time before my senior arrived.”

“What?”

Jin-chan went to the monitor Ho-young pointed to.

“what’s this?”

“This is the web browser I was talking about the other day.”

“browser?”

Hoyoung returned to Korea and created a simple network within the company.

Although it is a small server now, it was possible to upload information to the server and browse the data on a PC through the web browser Hoyoung had perfected.

“Now, within a couple of months at the most, we will announce the WWW. And even ADSL that seniors worked hard for. All the puzzles have been put together. I deliberately did not make this web browser for DOS, Windows, and Macintosh. As the Internet age approaches, people will have no choice but to use our Kronos.”

Jin-chan felt scared of Ho-yeong after a long time.

From his development ability to complete a web browser by himself, to his work processing ability that makes him feel like he is running fast.

“Now, there is only one thing left for our company to prepare.”

“what is that?”

“Portal.”

“A portal?”

“Even if the Internet is ready, it is useless without a site that people can use. We need to create a portal site that can accommodate all the websites that will be created in the future.”

Jin-chan put on a dumbfounded expression, as if he didn’t understand all of Ho-young’s words yet.

Seeing Jinchan like that, Hoyoung stopped laughing.