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Chapter 113: AT&T infighting


Since the Pentagon wants to participate in the Iridium program, the civilian satellite platform in Motorola's hands is naturally somewhat insufficient.

The difference between the quality and reliability requirements of military and civilian products is not half a star.

From the Pentagon's point of view, abandoning its global satellite communications program could save tens of billions of dollars, which is more than enough money for the development of fighter jets or other high-performance weapons.

But there's a big premise here, and Iridium's communications system is worth the Pentagon's resources to support.

As the most famous arms company in the United States, Lockheed has always been a major supplier to the U.S.

Air Force and Navy, and their aircraft and missiles are well-known in the defense market around the world.

Every year, a third of the budget of the Ministry of Defense goes into the pockets of Lockheed.

However, what most people don't know is that in fact, Lockheed has a greater market advantage in the field of military satellites, and they have quietly contracted almost all the production and launch contracts of military satellites of the Ministry of Defense, and are definitely the uncrowned king in the field of military satellites.

Partnering with such a military company is absolutely disruptive to the improvement of Iridium's quality and performance.

Eva can finally boldly shake off Motorola, a two-faced collaborator, and instead use Lockheed's technology to eat the fat of the global satellite communications market.

Under the watchful eye of the Department of Defense, Lockheed moved quickly, and immediately after signing the cooperation plan with YOTA Communications, they began the development of the first verification satellite with YOTA Communications technicians, and agreed to transfer all Iridium-related satellite technology to YOTA Communications after the contract ended.

It's the perfect way to work together.

The most fundamental reason why they are only participants in this plan rather than investors is that Lockheed now has too many projects in its hands, and it is simply spending money like water.

Huge financial pressure so that Lockheed can not come up with money to develop new business, for Lockheed, the order of the Ministry of Defense is always the first, their opponent Northrop will never let him have a moment's opportunity, if the slightest accidentally loses the order of the Ministry of Defense, then the money, manpower and time cost invested by Lockheed will be lost, so for them, selling some technology to companies without competition to get more money is actually the best choice.

After Iridium announced to the market the news of its cooperation with Lockheed, there was another bloody storm in the capital market.

Bill Gross naturally will not let go of this opportunity to slaughter his opponent, he used the largest amount of money he can mobilize to short Motorola's stock, but to his surprise, his opponent AT&T actually joined the ranks of shorting Motorola, AT&T This is a retreat regardless of the cost, a Motorola that cannot balance Iridium instantly became an outcast of capital, and by the time of closing, Motorola's stock plummeted by 27 percent, Almost lower than the stock price at the time of KKR's leveraged buyout, speculators who speculated heavily on Motorola stock were reaped to lose their money.

At this time, within the board of directors of AT&T, Morgan Stanley and Goldman Sachs, the most important investors, could no longer bear the losses in the capital market, and no one's money was blown by the wind, and Morgan Stanley and Goldman Sachs' funds came from the richest class in the United States, and if they lost too much, they would never be able to account to their customers.

Therefore, this black cauldron naturally has to be traced to the management of AT&T.

The CEO of AT&T is no longer the friendly Stephenson of YOT, but the board of directors of AT&T changed six months ago, and the distrusted Stephenson was kicked out by the majority shareholder and replaced with a trusted Jew, Abraham, to take the helm of the company.

And Abraham, although he inherited the blood of the Jews, did not inherit the brains of the Jews.

A forced to become the biggest competitor of AT&T.

Now Goldman Sachs and Morgan Stanley can no longer allow such a person to remain as CEO, and they have teamed up to launch a court campaign against Abraham.

"You idiot, you idiot, you actually drove away an important partner in our group, but you chose such an unreliable company as Cisco.

Do you know how much money we've lost every day since the lawsuit began?"

Abraham was scolded by the company's board of directors at a debriefing meeting.

In the final analysis, the CEO is still a working man, the company belongs to the shareholders, and the boss can hold you up to the sky or throw you into the abyss.

"I'm sorry gentlemen, I'll try to recoup our losses, I have a new plan, we can work with the European Post and Telecommunications Conference" "Shut up, you idiot, I'm going to see your resignation report on my desk early tomorrow morning."

The investor reprimanded rudely.

"But gentlemen, my stocks, options, and severance payments" "" The chairman looked at this idiot, he was so angry that he wanted to throw this guy off the roof, who said that Jews are smart, how could this guy be put in the position of CEO in the first place.

After ousting Abraham, the board began to discuss the choice of CEO and the company's next steps.

At this time, someone said: "I think we should bring Stephenson back, it would be a waste to let him retire so soon, and now we can only choose to continue working with Yota" "Stephenson and the CEO of YOTA have a good personal relationship, but we are going to ask YOTA now, is there any possibility of cooperation?"

asked someone worriedly.

"Gentlemen, I think it's man-made, and I have to bring Mr.

Stephenson back anyway.

A cooperation in the network solution market, our network plan is not able to move forward at all now, Cisco has too many troubles, I recommend not continuing to work with them," the Goldman Sachs representative said coldly.

"I agree," Morgan Stanley's representative seconded.

A few days later, Abraham, the CEO of American Telegraph, announced his resignation, and former CEO Stephenson would return to the reins of the company.

And the first thing Stephenson did after taking office was to announce the termination of the partnership with Cisco.

It didn't take long for Bloomberg News reporters to spot Stephenson in Cambridge. t1706231537: