Chapter 154
Chapter 154 Praise the Sun
The Telecom Act, which had been implemented for more than half a century, was overturned. This should have been a major event affecting the whole of America, but at this time the media seemed a little "calm", as if nothing had happened.
Except for a few major public TV stations in the United States, there were no more voices. It seems that this matter has nothing to do with the American public at all!
The major media giants seem to have nothing special to say about this matter.
And reflected in the stock market, the stock prices of major media, telecommunications and other giant companies have skyrocketed, because the shackles that were put on these media and telecommunications giants in the past have all been untied this time. The Dow Jones index soared by more than 5% that day, almost Said it was crazy.
The most direct impact is that the Telephone and Telegraph Group, which has been split several times, no longer has to worry about being split. According to the new telecommunications law, these giant companies can freely acquire small and medium-sized telecommunications and media companies to occupy the market!
Gallo took out Evan Spiegel who was on the side. Evan Spiegel felt that Song Yang seemed to have something important to say, but obviously he hadn't reached the point where he could listen in, so he had no choice but to leave out.
In the villa, only Irene, Greg, and Marcus were left. Watching the news on TV, Greg sighed, "The new telecommunications bill has really been passed!"
Before Song Yang heard the news from An Ran, Greg was still a little worried, but now it seems that the news may have been spread long ago.
The new telecommunications bill has released a series of shackles on telecommunications and media companies in the past. In addition to completely liberalizing the telecommunications industry, it no longer imposes restrictions on local and long-distance telephone companies. That is, an American telecommunications company can enter the local telephone at the same time. Talk to the long-distance market.
Another most important point is to allow anyone to enter the telecommunications market, which is very important to Song Yang. This is related to whether Song Yang's American Telecom can get a license, and now everything is not a problem!
However, this also means that Song Yang has to hurry up. He must take advantage of the turmoil in the telecommunications and media industries, and fight each other among telecommunications giants such as Verizon, Bell Group, Telephone and Telegraph, WorldCom, and MCI. At that time, he cut through the mess quickly and solved the license and line problems of American Telecom.
"Gallo, tell Eric and Oswald that the line from Chicago to New York must be completed on schedule!"
"Also, call Spivey!"
Song Yang turned his head and said to Gallo who just came in, let him go to the construction site and let America Telecom's project construction team speed up the progress, this is Song Yang's bargaining chip.
"Greek, Marcus, we need to go to New York and talk to the hyenas on Wall Street!"
This time I went to New York, but I was overwhelmed. Wall Street has always cut other people's leeks. This time, someone is going to cut them. But those people are not easy to fool. Song Yang needs to bring Spivey, who is from Wall Street, Whoever knows Wall Street best will do.
Greck and Marcus both nodded and agreed. They knew how big the project of American Telecom was, and that was a big thunder that involved hundreds of millions of dollars. Once they couldn't handle Wall Street, they couldn't let Wall Street institutions take over. I'm afraid Both Song Yang and Comerica Bank must be blown up.
However, once it is completed, the value of everyone involved in this project will increase several times!
It was supposed to be a new telecommunications bill that was related to the fate of countless people, but during this period of time, there was not much discussion at all, and what could be heard was a hymn to the new bill.
It seems that the new telecommunications bill is really beneficial and harmless. It can be seen that the attitudes of telecommunications, media and other giants towards this bill are basically in favor with both hands and feet. It's not in vain that they invested so much money.
"This is the audience's victory!"
Even the media that reported on this bill, such as the Wall Street Journal, was blowing it up, describing the 1996 New Telecommunications Act as a milestone bill, "the greatest bill during the term of the President, and America is even greater because of it !"
The Wall Street Journal believes that liberalizing the supervision of the telecommunications industry and allowing major telecommunications giants to compete will intensify competition in the entire industry, improve the services of telecommunications giants, and allow American telecommunications, media and other users to get more benefits.
In theory, this is true, but if a giant does not cut leeks, can it still be called an industry giant?
Once it becomes a food delivery giant, it will eat merchants first, then users, and then riders. Anyway, no matter how the platform is, it is impossible to lose.
The same is true for the telecommunications industry. Once several giants control the telecommunications industry in America, it will be a pity to push the new telecommunications bill if you don't cut leeks for decades.
It has been less than ten years since the end of the Cold War, and the American people who haven't been beaten up don't know how powerful this thing is. good...
Members of the American Congress also expressed support for the bill. A senior American congressman said to the interviewed media, "The new telecommunications bill is the most comprehensive and perfect telecommunications empire blueprint that any country in the world can think of. !"
"The new telecommunications bill is passed, and it is estimated that more than 200,000 new jobs will be created every year in the fields of communications, Internet, television, radio, newspapers, printing, etc. This is a great bill!"
The entire telecommunications and media industry is celebrating. If an executive from WorldCom was interviewed, if he expressed his feelings about the new bill to the media, it means that the commander-in-chief and the congressmen are well aware of the sufferings of the people.
It didn't make people wait for a long time. One month and five days after the congressional proposal was passed, and just after attending the groundbreaking ceremony of the Grand Commander's Library in Arkansas, the Grand Commander who is about to participate in the new year's election is finally reserved. The new Bill of Might and Merit is signed, and the new Telecommunications Act is finally up and running!
As a native of Arkansas, being able to build a commander-in-chief library with a total investment of nearly 200 million dollars in his hometown is of great significance to every commander-in-chief. The founder of the group, Liu Bang, is not exempt, let alone the leader of America.
The timing of the Grand Commander's Library is very delicate. The new telecommunications bill over there has just been placed on the Grand Commander's desk, and there are private investors here. It will cost nearly 200 million dollars to find the Grand Commander's family foundation , to build a world-class library for the Grand Commander.
In the future, a museum may be built to store the items of the Grand Commander for external exhibitions, while the library will store the Grand Commander's archives, private documents, and outstanding events during his term of office, etc. To put it bluntly, it is to give future generations a look He is ignorant of past opportunities...
The commander-in-chief personally participated in the groundbreaking ceremony. After all, he has been in America for more than a hundred years, and there are only a dozen people who can receive this kind of treatment.
Song Yang, who was sitting in the office, also raised a glass of wine like countless executives of telecommunications companies who were celebrating each other at the moment, "To the Commander!"
On the TV, there were two news about the Grand Commander at the same time. One was the commencement of construction of the Grand Commander's library, and the other was that the Grand Commander signed the new telecommunications bill. However, the latter report was far less detailed than the former.
About the introduction of the Grand Commander's Library, several major American media, lengthy introductions, what is the most environmentally friendly and innovative, there will be more than two million photos displayed in the library, and there are historical scenes of the Grand Commander etc., will appear in the library, and interviews were also conducted with the construction supervisor who built the library.
The report on the new telecommunications bill was just a brushstroke. If it wasn't for the rebroadcast of the speech of the Grand Commander on the new telecommunications bill, it is estimated that several major media giants would wish for others in America, and they would have no idea about the new bill.
"We must allow American people to fully enjoy the convenience brought by the Internet. To allow operators to lower the cost of Internet access for users, we need to allow every school in America to be connected to the Internet within the next four years. !"
"We want to build the world's first information superhighway..."
Spivey, who rushed back from the construction site, entered the office and saw Song Yang watching the speech of the commander-in-chief on TV. At this time, the commander-in-chief just talked about the new telecommunications bill.
Song Yang saw Spivey who came in, and said to him with a smile, "The speech is wonderful, isn't it?!"
If you only look at what the commander said, then the new telecommunications bill is the culmination of his position as the commander, bringing America into the Internet era and setting off a new era of technological innovation after the steam engine and electricity.
The new telecommunications bill allows American users to pay less for Internet access, and they can watch more and cheaper TV programs, which is a good thing no matter how you look at it.
As for the others, being cut off by a giant company is definitely just a pain caused by the new law. The key is to praise at this time...
Not surprisingly, with the help of the new telecommunications bill, the commander-in-chief who has been supported by the entire telecommunications and media industries in America, this year's election is basically safe, with the mouthpiece of the entire America singing praises for the commander-in-chief, who will To be able to compete with the Grand Commander is at best a process.
"It's been a long time!" Song Yang said to Spivey in front of him. The original Spivey was a little thin, but now he is thin and dark.
Spivey looked at Song Yang in front of him, and suppressed the excitement in his heart. He knew that he came to America Telecom from Wall Street, and squatted on the construction site for so long. At last, his time was not wasted. The new telecommunications bill was passed, and America Telecom would also start to make a move. Now, Spivey knew he was needed.
"This is what I should do, Boss, America Telecom is going to make a move?!" Spivey asked Song Yang.
Song Yang nodded, turned off the TV, and looked at Spivey in front of him, "Now the major telecommunications giants in America are raising funds and issuing bonds on a large scale. 40% off..."
(end of this chapter)