As soon as he finished speaking, everyone unanimously agreed.

Wujiang Group has always been ahead of other companies in the pager market. Other manufacturers have been imitating them and getting ripped off. Even the top executives at Motorola are scared now.

When Wujiang launched its digital pager, everyone rushed to imitate it. When they were able to produce digital pagers, Wujiang released a text pager. When they were able to produce text pagers, Wujiang released a two-way text pager.

I'm tired, I'm not imitating anymore. Wujiang Group is simply a devil, they know how to torture people too much...

...

At this time, Wujiang's program-controlled switches, with their advantages of high quality and low price, easily opened the door to the overseas telecommunications market.

Giants like Ericsson and Motorola are on high alert.

However, the high cost and excellent quality of Wujiang's program-controlled switches are too great, and many telecommunications companies are willing to actively cooperate with Wujiang Communication Technology Co., Ltd. Who would turn down money?

"Boss, when Hong Kong Telephone Company was purchasing Wujiang's PBX system, they proactively revealed to our company that Cable & Wireless from the UK was acquiring Hong Kong Telephone Company and inquired whether our Wujiang Group was interested in Hong Kong Telephone Company..."

As the saying goes, when the snipe and the clam fight, the fisherman benefits.

Since Wujiang Group is involved in the field of communications technology, it is bound to be interested in Hong Kong Telephone Company.

Hong Kong Telephone Company executives and shareholders preferred to sell the company to Wujiang Group rather than Cable & Wireless.

On the one hand, Wujiang Group is wealthy, and on the other hand, Wujiang Group has influence in Hong Kong and can promote the development of Hong Kong Telephone Company in Hong Kong.

Zhao Ye finally understood what it meant to be rich; good projects would automatically come to him.

Zhao Ye was certainly interested in Hong Kong Telephone Company, and not only that, he was also interested in Cable & Wireless (Hong Kong) Limited.

In its previous life, Cable & Wireless acquired Hong Kong Telephone Company and integrated Hong Kong Telephone Company and Cable & Wireless (Hong Kong) Limited into Hong Kong Telecom Limited.

Unfortunately, the company was eventually acquired by Li Ka-shing's youngest son. This was more than just a "snake swallowing an elephant," but the other party actually succeeded.

At the time, PCCW was just a small IT and real estate company. However, due to the severe tech bubble, PCCW's market capitalization was quite high. Li Ka-shing's youngest son used his father's name to endorse the acquisition, and without spending a penny himself, he successfully acquired Hong Kong Telecom with a massive $11 billion loan from a syndicate led by the Bank of China. Although there were other factors involved, such as the Chinese government's refusal to allow Singapore Telecom to acquire Hong Kong Telecom, thus requiring a choice from among Hong Kong residents, Li Ka-shing's youngest son's strong background ensured his success.

Hehehe, this is the best thing in the world, it's truly enviable.

Subsequently, PCCW transformed itself into Hong Kong's largest company, providing integrated telecommunications services including fixed-line, wireless, and internet, as well as developing real estate, with a market capitalization exceeding HK$250 billion.

Even after 20 years, Hong Kong Telecom still firmly holds the title of Hong Kong's largest fixed-line telecommunications operator. PCCW, owned by Li Ka-shing's youngest son, receives HK$2.8 billion in dividends from Hong Kong Telecom every year, truly making it a goose that lays golden eggs.

Zhao Ye's expression shifted, and he immediately instructed his secretary, Liu Yinyin, "Notify Zhou Anping that I want to acquire Hong Kong Telephone Company and Cable & Wireless (Hong Kong) Limited. Let Galaxy Financial Company be fully responsible for the acquisition plan!"

"Okay, boss!" Liu Yinyin replied and immediately went to contact Zhou Anping.

Not long after.

Zhou Anping was startled when he received the notification. His mind raced as he considered how to acquire the two companies.

Zhao Ye was thinking even further ahead. After the merger of Hong Kong Telephone Company and Cable & Wireless (Hong Kong) Limited into Hong Kong Telecom, they would dominate the Hong Kong telecommunications industry. For Wujiang Group, the most important thing was that it could be used to research, experiment with, and promote new communication technologies, such as CDMA.

We need to set an example in Hong Kong first, and then we can promote CDMA to other regions.

Furthermore, the acquisition of Hong Kong Telecom would be extremely profitable, and there's no reason not to seize such a good opportunity now.

The acquisition of Hong Kong Telecom Company inevitably reminded Zhao Ye of Li Ka-shing.

Compared to his son's "snake swallowing an elephant," Li Ka-shing's "selling oranges at exorbitant prices" is far more ingenious.

In 1989, Li Ka-shing acquired a British telecommunications service company for HK$8.4 billion, but the business was not performing well. In 1990, Hutchison Whampoa repackaged the business, renamed the company "Orange," and launched the GSM mobile phone service, which was a great success, making it the third largest mobile phone operator in the UK.

However, the position of the third child is quite awkward.

Throughout history, there have been numerous instances in business battles where the top two bosses would fight and ultimately defeat the third.

In 1999, as the tech bubble inflated, Germany's Mannesmann and Britain's Vodafone began vying for the title of Europe's largest telecommunications operator, and Orange became a key player in this competition.

This largest capital operation in telecommunications history, a game between Britain and Germany in Europe, earned Li Ka-shing in Hong Kong more than 160 billion, far exceeding his investment.

Zhao Ye felt that he could stage a story of "selling oranges at an exorbitant price".

At that time, Britain's economy was sluggish and it was burdened with heavy debt. This British telecommunications service company had not yet transformed into GSM, and its business was not performing well.

Therefore, it would be easier to acquire the British telecommunications company with assets of only HK$8.4 billion than to acquire Hong Kong Telecom at this time.

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