v3 Chapter 1301： Invitation to Mellon

Latest website: After reading the information, Xia Yu fell into deep thought, and the trend of the US communications market emerged in his mind.

After the split of AT&T, its parent company, as well as Western Electric Company, are definitely the most core assets, but it is impossible for him to want to eat. It is considered very good to be able to acquire part of the equity from the stock market.

Peter Lynch is also very pragmatic, so he didn't mention it, but directly asked which one of the Bell's seven brothers was competing for.

According to the historical trajectory, among the seven Bell Brothers, the most promising one is Southwest Bell. In 1996, the United States promulgated the new "Telecom Act", and after releasing restrictions on the telecommunications industry, it first acquired Pacific Bell, and then merged with it. The company then swallowed the original parent company, American Telephone and Telegraph Company, and finally annexed Bell Southern Company, and became the largest telecommunications company in the later generations.

However, when Southwest Bell was first decomposed, there were only five Southwestern state businesses. The bottom of the ranking, but it can swallow three of the Bell’s seven brothers and the original parent company, which is not awesome.

The Atlantic Bell Company and New York Telephone Company, which inherited a strong family background, merged in 1997 and eventually evolved into Verizon Telecom, the second largest telecommunications company in the United States.

The last of the Bell’s seven brothers merged with broadband company Quest Telecom in 2000.

On the surface, Atlantic Bell currently inherits the most assets, followed by New York Telephone Company, followed by Asiamedic, Pacific Bell, Southern Bell, Southwest Bell, and Western Bell.

Atlantic Bell is headquartered in Philadelphia, Pennsylvania.

Needless to say, New York Telephone Company.

Amedac's headquarters are in Chicago, Illinois.

Pacific Bell is headquartered in San Francisco, California.

Bell South is headquartered in Atlanta, Georgia.

Southwest Bell is headquartered in Houston, Texas.

The headquarters of the last Western Bell Company is in Denver, Colorado.

On the surface, these seven companies are arranged according to their assets, but from Xia Yu's perspective, naturally, he will not be limited to the superficial things. He can still see the future.

Take Southwest Bell, for example, the second-to-last assets inherited, but Texas can't bear it, and the surrounding states are not bad.

Another example is Pacific Bell, which owns the local call business in California.

The future potential of these two states is huge.

What's more, the splitting and zoning of the territory this time is just a new starting point. Is there a rule not to go to other states while consolidating its territory?

Xia Yu is very clear that this time the US government dismembered AT&T will give countless people hope. At least thousands of telecommunications companies will emerge to compete for the market in the next period of time.

In the previous life, Southwest Bell, which was backed by the Texas consortium, broke out of the siege.

In this life, it might not have been his company that came out.

The key is to look at how to operate, how to survive and grow in the cruel market competition.

After thinking about it, Xia Yu still discovered that in fact, the most suitable company was Pacific Bell, which he liked.

Pacific Bell’s local dialing sites include California, Arizona, Oregon, and Washington, as well as two more tasteless states, Alaska and Hawaii.

With the current population and economic volume of Alaska and Hawaii, they add up to less than a Utah state.

So although it seems to have inherited the business of six states, it can actually be regarded as five states.

Fortunately, California is still supported, so the assets can be ranked in the middle reaches of the Bell Seven Brothers, which is much better than Southwest Bell, which has a Texas site.

However, with the territory of California and the territory of Washington State, Pacific Bell is attractive enough for him.

Moreover, the headquarters of Pacific Bell is still in San Francisco where Polaris Capital is located, not in Los Angeles where the California consortium is based.

After making a decision, Xia Yu found a suitable time to call Peter Lynch.

This phone call lasted more than forty minutes.

In addition to instructing him to initiate an acquisition of Global Airlines as soon as possible to compete for Pacific Bell, he also instructed him about the Canadian and Chicago consortium.

After that, Xia Yu made another call to Jiuding Securities in New York, and asked Toby Morton, the president of the branch, to write an invitation letter on his behalf, and the target was the current owner of the Mellon family—Richard. De King Mellon.

On the afternoon of March 3, this invitation letter was delivered to Richard King Mellon.

The Mellon family is based in Pennsylvania, where their family has risen.

After receiving Xia Yu’s invitation, Richard King Mellon was very surprised. He never thought that he was just the magical Oriental kid who met at the celebration banquet of President Reagan’s inauguration and contacted him for the second time. , Will invite him directly to Xiangjiang!

This behavior is very abrupt, but the content makes him eager to move.

Not only that, but the content of the invitation letter is also very sincere.

According to the president of New York Jiuding Securities, who personally sent the invitation letter, the content of the invitation letter was Xia Yu's original words, and he was just acting as a writing machine.

However, he still has to think about it carefully. After all, his health is already relatively poor. The doctor has repeatedly advised him to travel as little as possible for long distances so as not to increase the burden on his body.

That night, after having dinner with his family, he stopped the three children who wanted to leave.

The third son Leonard, the fourth son Woodlow and the youngest daughter Sandy.

As for his eldest son Skef and second son Timothy are not at home, these two sons who are not interested in family business, Richard King Mellon has no energy to train them.

As far as the family is concerned, these two titles have already been practiced and abandoned, and the focus is on the third and fourth sons.

"Father, do you have any plans to teach us?"

Leonard, who won the favor of Richard King Mellon, took the initiative to ask after sitting down.

"Today, I received an invitation letter that was completely unexpected to me. You all have a look."

Richard King Mellon finished speaking and handed the invitation letter to Leonard.

When Leonard finished reading , his brows were frowned and not loosened, he handed the invitation letter to his brother Woodlow, and finally reached Sandy's hands.

When she saw the name of the person who signed, Sandy was stunned, blinked and found that she had not made a mistake. She looked at the content of the invitation letter curiously.

"Dear Mr. Mellon, hello, I am sorry that I did not visit you in person. I can only send you an invitation in this way. I sincerely invite you to my hometown of Xiangjiang. The East contains great wealth and opportunities. Of course , I most want to discuss some topics with you, such as the capital structure of the United States, and Canada...Xia Yu."

After reading this puzzling vague content, Sandi raised a small question mark on her head.

But she didn't have time to think about it.

After seeing the three children finished reading, Richard King Mellon sounded kindly: "Children, what do you think after reading this invitation letter?"

ps: Sorry, it’s just a change today. I’m working overtime late, and then I have to expand the design plot. The plot of the network structure is shaped with the plot of the linear structure. The difficulty is really big, and the writing is painful.