The business battle between telecommunications and AT&T is once again in flux, and AT&T, which just a few days ago seemed to have won the battle, is now in danger.
Although Cisco is not without a chance of winning this lawsuit, anyone with a discerning eye can see that the intention of communication is to drag Cisco from entering the telecommunications solution market, and AT&T, which has already regarded Cisco as its preferred technical solution, has also been stumped.
This time, Eva didn't dare to be careless anymore, and she hired almost the most luxurious team of lawyers in the United States to serve her.
This time, the cost of lawyer fees alone has reached hundreds of millions of dollars.
At the same time, she did not insist on holding all the shares of Iridium as a wholly owned company, but began to seek powerful partners.
With Schwartzman's ability to negotiate, Lehman Brothers was the first to choose to join the camp.
Because Schwarzman provided Lehman Brothers with a technical report on communication in the field of mobile communications and network communications issued by the authoritative consulting firm Boston Consulting Group, which fully reflected that communication technology has formed a solid patent barrier in the field of network communication, and under the protection of these patent barriers, Cisco will not be able to make a breakthrough in a few years.
However, Lehman Brothers' upfront investment was not large, because they believed that the final outcome of the lawsuit and the business war was not yet clear.
So Eva still has to rely on herself for the time being, and at this time, Bill Gross began to act on behalf of Bank of Colombia.
Bill Gross's task was simple, to short Motorola's stock and try to get the Motorola stock pledged by AT&T to those banks to fall below the liquidation line.
Because once Motorola shares fall below the liquidation line, the bank will not hesitate to sell these shares in the market, and AT&T's controlling stake will be wiped out.
Bill Gross soon placed a large number of short orders in the market, and in order to maintain the stock price, AT&T had to ask its own back-office Goldman Sachs and Morgan Stanley for assistance.
Bill Gross, as a trader, quickly felt the changes in the market, and he did not hit Goldman Sachs and Morgan Stanley with a pebble, but retreated with profits after a little resistance.
Bill Gross knew that Columbia Bank alone could not compete with either Morgan Stanley or Goldman Sachs, so he planned to use harassment tactics to cooperate with the court's news about Cisco and the lawsuit to sneak up on Motorola's stock, and he was going to slowly bleed the two giants.
At the very beginning of the battle between the two groups on the American side, Peterson, who lobbied around in Tokyo, was trying to persuade the president of the Japanese telephone and telegraph company N to change his attitude of rejection.
"Mr.
President, I do not deny that the satellite program poses a threat to your newly built mobile communications network in Japan, but the purpose of the Iridium project is not to compete for the Japanese market, but to build a solution that can conduct global wireless communications at a low price.
If you join the Iridium program, your customers can make mobile calls anywhere in the world, whether it's the ocean, the desert, or even Mount Everest.
Do you know what this means, which means that your customers will not only be limited to Japan, but you will be able to break free from the limitations of the Japanese market and go global, and then Europe and South America will become new markets for your company if you wish?
Peterson patiently explained to the other party that he hoped to monopolize the domestic market in Japan, but in Peterson's view, the pattern was still too small, and Japan had only 100 million people, so how could it be compared with the markets in Europe and the Americas.
"Mr.
Peterson, I very much agree with your point of view, but we have just spent a lot of money on the whole solution and we have to spend a lot of money to join the Iridium project before the cost is recovered, and we can't explain this matter to the Ministry of International Trade and Industry," said the president of N.
"Mr.
President, there is only one opportunity, whether you are willing to expand your territory in the international market, or you are willing to operate steadily in the domestic market, I will not comment too much" Peterson stood up after speaking, and the president of N quickly retained it when he saw this.
When Peterson saw his actions, he immediately understood that the other party was already moved by his words.
Japan has only a large population, and it is never better to be stuck in the Japanese market than to become a global company.
"Mr.
Peterson, write me some time, and I will definitely state our position to the Ministry of International Trade and Industry," the president of N hastened to assure.
"Mr.
President, I have one more thing for you to tell the officials of the Ministry of International Trade and Industry, if N joins the Iridium project, we can hand over the production line of satellites to a large consumer electronics company in Japan, and I personally prefer Sony or Kyocera."
After receiving this sentence, Peterson said goodbye to the president of N, and when he walked out of N's building and got into the car, the corners of Peterson's mouth finally showed a smile, and the president of N is now tempted, but according to his meaning, the Ministry of International Trade and Industry is actually the biggest obstacle.
It seems that Japan's state-owned enterprise N is nothing in the eyes of the Ministry of International Trade and Industry, and Peterson knows what kind of existence the Ministry of International Trade and Industry is in Japan.
To use an analogy, the Ministry of International Trade and Industry is actually on a par with the Soviet Union's Committee for Planned Economy.
In the early post-war period, the Ministry of International Trade and Industry (MITI) came into being because the country had consumed almost all of its wealth in the war, and Japan had only a small amount of foreign exchange to develop its economy.
With the continuous development of the Japanese economy, the status of the Ministry of International Trade and Industry in the Japanese government has also risen.
When Peterson was in charge of the U.S.
Department of Commerce, in order to allow more American goods to enter the Japanese market, Peterson had to deal with Japan's Minister of International Trade and Industry.
The president of N is not enough to convince the officials of the Ministry of International Trade and Industry, but it doesn't matter, Peterson has more than just this network in Japan, he has already decided what to do next, and he plans to visit Sony's president, Akio Morita, and ask the superstar of Japanese manufacturing to help him.
Peterson didn't take care of Sony when he was Secretary of Commerce, there was a trade friction between the United States and Japan, Peterson originally planned to impose heavy taxes on Japanese electronic products, but under the pleas of Akio Morita, Peterson did not do it in the end, this favor is not so easy to turn over, and now it is time for him to repay himself little by little. t1706231537: