Chapter 1103: Gentleman Agreement

Lianxin and China Unicom have been secretly negotiating cooperation on mobile phone customization business for a long time. They spoke to Zhang Ke in advance, and just greeted Jinhu before officially testing the customization business.

On January 12, the third day after Zhang Ke arrived in Beijing, China Unicom's Beijing Branch officially launched a New Year gift package event that recharges and gives mobile phones at the end of the year. The confidentiality work was done well before, and the event was officially done. It was promoted through Beijing TV, Beijing Morning Post and other media, which made it very popular.

At that night, China Unicom Beijing Branch also held a special celebration banquet. As the leader in charge of China Unicom's related business, Yang Rongping invited senior executives from Jinhu in Beijing to attend the celebration banquet through Xiao Ruimin. He also knew that Zhang Ke was in Beijing and hoped to take this opportunity to have informal contact with Zhang Ke.

Su Jindong left Beijing early, Zhang Ke, Chen Xinsheng, Liu Mingfeng and Yao Jian went to attend the banquet, and wanted to contact China Unicom's senior management through this opportunity.

To be honest, Zhang Ke never thought that Lianxin and China Unicom would be so fast before. He felt relieved when he thought about it. After all, Xiao Ruimin is still a very thoughtful person. Lianxin cooperates with Kumho and even relies on Kumho in technology, but it does not mean that Lianxin will become a vassal of Kumho.

Zhang Ke was still worried that Lianxin and China Unicom would be too hasty.

Time has just turned to the first page of the new millennium. For ordinary citizens, mobile phones are also luxury goods. In addition to the expensive mobile phones themselves, the high communication fees are not affordable to ordinary citizens.

China Unicom Beijing Branch launched a New Year gift package event that recharges 2,400 yuan for phone bills to give a Lianxin mobile phone, which can indeed attract the attention of ordinary citizens.

Since Lianxin and Kewang Hi-Tech launched low-end ESS mobile phones in November, no matter how cheap a mobile phone is, it costs 1,000 yuan. Participating in China Unicom's event is a real buy-one free event. Even if you know Lianxin mobile phones, you know that the market price of Lianxin mobile phones of the same specification is 1,380 yuan. After deducting the cost of the mobile phone, the phone bill is equivalent to only 40% off. The only restriction is that the recharge phone bill has a twelve-month usage time limit.

When high mobile communication fees have become the main factor preventing the mobile phone market from continuing to expand rapidly, even if there is a twelve-month usage time limit, the 40% discount rate of phone bills is exciting. Besides, the current mobile communications are generally high, and the monthly phone bill of 200 yuan is relatively cost-effective. This event of China Unicom Beijing Branch will naturally make people generously donated.

Since China Unicom and China Unicom did a very good job in keeping confidentiality, the initial test was limited to the market in Beijing. On the first day, the market did not have much time to react to China Unicom's heavyweight activity. At this time, it was impossible to accurately predict how much impact this activity would have. However, the feedback from various business outlets of China Unicom's Beijing Branch was quite enthusiastic in the afternoon of that day.

Perhaps Yang Rongping knew that Zhang Ke had the habit of avoiding the media, or perhaps Xiao Ruimin had helped Zhang Ke say hello. The celebration banquet held by China Unicom Headquarters and Beijing Branch at the Wangfu Hotel only invited internal personnel to attend. Zhang Ke, Chen Xinsheng, Liu Mingfeng and Yao Jian and other senior executives of northern companies attended a bit abruptly. They used the greetings when Zhang Ke and Yang Rongping first met: "Come here to attend the banquet is a waste of merit..."

Lianxin secretly provided customized mobile phones to China Unicom's Beijing Branch. Kumho only learned the specific news three days ago, and it can be said that he did not make any contribution.

As early as when Chen Xinsheng was the president of Deyi China, Yang Rongping had contact with him and was not unfamiliar with each other. This was the first time Zhang Ke met him. In his words, "I have long been longing for today's meeting..." He knew very well, and people at a little level in the circle knew very well that it was easy for Ida to compete for the top 100 electronics list. Ida seemed to care about taking care of the face of state-owned enterprises such as Huaxia Electronics. In addition to Ida's separate accounting and the group's overseas business was merged into Kumho Commercial, the financial ** of the component department was also out in 1999.

, barely controlled the sales of Ida Group to less than 20 billion in 1999. I really don’t know that Ida Group merged Ida Electronics’ disc machine business, overseas business and component departments into the group’s finance to plan together. Will the annual sales exceed 50 billion? The annual net profit may not be much worse than the mobile companies of the Mobile Communications Bureau and its subordinate provinces and cities? Zhang Ke was just a teenager who had just entered high school at the beginning of creating such a strong economic empire. For Yang Rongping, who knew some details, looking at the rise of Kumho, was like watching a thrilling legend.

Zhang Ke and Xiao Ruimin had greeted him before, and did not welcome him with great fanfare. Zhang Ke, Chen Xinsheng and others entered the private room in a low-key manner, and Xiao Ruimin introduced him on his behalf.

In Yang Rongping's eyes, Zhang Ke's temperament is indifferent and calm, and he looks more mature than his actual age. He thought that he could achieve such brilliant achievements, perhaps because he was particularly lucky, but after meeting, this feeling immediately became much weaker, and he couldn't help but think: Maybe it's really a character who can achieve such brilliant achievements! In addition, he thought: As a man, maybe he might be too handsome.

Before the banquet began, Yang Rongping, Xiao Ruimin and the general manager of China Unicom Beijing Branch delivered speeches to the front of the hall on behalf of the two companies. The hall was very lively. Yang Rongping was the senior executive of the headquarters. Even if someone ran to the private room to toast and join in the fun, he would not urge him to drink too much. Zhang Ke and the others were in the mood to taste the fine wine and food carefully.

The seat was halfway through, the general manager of China Unicom Beijing Branch received a call, and then came to Yang Rongping's ear and said something.

Yang Rongping was overjoyed and said to Xiao Ruimin, Zhang Ke, Chen Xinsheng and others: "We stand here to drink and eat. Just now, our customized mobile phones sold 1,000 units! China Unicom has added more than 1,800 new users today. Should we have a drink for this?"

In other words, China Unicom Beijing Branch launched a New Year gift package event that recharges and gives mobile phones on the first day, and the user growth rate has more than doubled. No wonder Yang Rongping was overjoyed.

Zhang Ke and Chen Xinsheng also raised their glasses to congratulate China Unicom on their achievements. Yang Rongping asked the general manager of China Unicom Beijing Branch to report the latest news to everyone attending the banquet tonight.

Today is not a holiday or a weekend. The number of new users on the regular date of Beijing Mobile is only about 2,000. No wonder China Unicom's senior management is happy. The performance is always regarded as the first priority. China Unicom will be listed in New York and Hong Kong at the same time. Before listing, China Unicom's senior management naturally wanted to provide more beautiful performance data to attract investors.

The banquet was lively and according to the traditional Chinese banquet characteristics, many people drank high and slapped under the table, and supported each other to take a car and leave.

Xiao Ruimin ran over, looked at his watch, and said to Zhang Ke: "Mr. Yang from China Unicom hopes to find a place to get together again?"

There were cups and cups coming and drinking during the banquet, and people kept running in toasting, which was really not a good occasion for conversation. Zhang Ke nodded and said, "Just find a quiet place..."

"I don't know whether the guest is pure or not. We can follow the host's will. Let's follow the host's arrangements." Xiao Ruimin said with a smile.

Zhang Ke, Chen Xinsheng and others followed Yang Rongping and Xiao Ruimin's car and drove towards Shichahai. The wind and snow did not stop. In the downtown area of ​​Beijing, wrapped in high-rise buildings, they didn't feel that the wind and snow were so stern.

The convoy stopped in front of a club called the Xijing Yanmen Nightclub. The parking lot was full of European and American luxury cars. I almost saw Japanese and Korean cars. Zhang Ke had heard of this club, but he didn't have the chance to come and gain knowledge. Unexpectedly, the senior executives of China Unicom's Beijing Branch were familiar with the road here, and it might have specially arranged it to entertain these VIPs.

Yao Jian joked with Liu Mingfeng: "I feel embarrassed to say hello to others when driving an RB car here. If there is a second-tier star inside, I feel embarrassed to straighten my chest..."

Zhang Ke and Yao Jian smiled and said, "If you talk a little longer, let you go home with your wife!"

Xiao Ruimin and Yang Rongping got out of the car in front and took the initiative to run over to invite Zhang Ke and Chen Xinsheng to walk to the club together.

The club is not particularly exciting, but when you walk into the hall, the flowers are clustered with bright lights, showing luxury, elegance and magnificent. When you walk on the streets of Beijing, you may feel that the women in Beijing are not as gorgeous as those in southern women, mainly in black and gray. When you look at the celebrities and ladies passing through the hall, you will know that the beauty of Beijing is actually hidden in the deep mansion, with melodious music permeating the temples, making people feel elegant.

In terms of Lianxin, Xiao Ruimin and his assistant were a young man in his thirties. He followed Xiao Ruimin and had contacted Zhang Ke several times. He was not too unfamiliar with him. He enthusiastically helped Xiao Ruimin entertain Zhang Ke and others.

In terms of China Unicom, in addition to Yang Rongping and the general manager of the Beijing branch, there were also beautiful women in their thirties following in. After entering the box, she took off her coat and was wearing a light brown suit in the office. It was no worse than the women who were dressed up in the hall.

When attending the banquet, Zhang Ke didn't even hear the name of the general manager of the Beijing branch clearly, nor did he see this woman appear, and he did not see this woman getting in the car when he left the hotel. At this time, he saw her doing some arrangements, and he didn't have any dusty smell on her body, nor did he know her identity. It seems that Xiao Ruimin and the others knew this woman.

"What wine does Mr. Zhang like to drink?" The woman ran to Zhang Ke with the drink sheet and asked Zhang Ke's opinions warmly and kindly, and she bowed slightly.

Zhang Ke took the drink order and threw it on the dark brown glass table. He turned his head to Yang Rongping. Xiao Ruimin said: "Support domestic products and set an example. If you have Zhangyu to drink Changyu, you can drink the dynasty without Changyu. If you have drinks from Jianlibao, you can come to Wahaha, what do you think Mr. Yang and Mr. Xiao think?"

Here, if you drink foreign wine happily and spend more than one million overnight, it is not a rare thing. Zhang Ke will pay for it himself and will not think that there is anything, but he cannot refuse China Unicom tonight. It is too luxurious. I feel a little uneasy for others.

The woman was slightly stunned and just thought Zhang Ke was joking. She didn't know if there was any domestic red wine here, let alone Jianlibao and Wahaha drinks. But Zhang Ke said this to Yang Rongping and Xiao Ruimin. She squeezed her smile awkwardly, not knowing how to reply.

Zhang Ke said this, Yang Rongping and Xiao Ruimin laughed. Yang Rongping said to the woman: "Xiaocheng, you just arranged it like this after Mr. Zhang..." He also knew that Zhang Ke was not pretentious. He thought that with Zhang Ke's wealth, he had never enjoyed any luxury, so why bother to falsely politely with them?

The woman walked out to arrange it. Yang Rong touched her chin with her hands and said to Zhang Ke and Chen Xinsheng: "For the outside world, we only report good news and not bad news. In front of you, there is no need to say things that are whitewashed. It is useless to say it. It is not easy to hide it from your eyes. You can only work together with each other..."

"Please tell me..." Zhang Ke did not expect that Yang Rongping would be straight to the truth of Chen Yi, so he turned his body slightly to listen to him in detail, and acted very carefully.

"Unicom plans to be listed in New York and Hong Kong before June, and will not forge data, but I also hope that the data will be better, especially the increase in the number of new users that determine the future growth of China Unicom, especially the attention of investors..." Yang Rongping explained frankly that the fundamental reason for the hasty launch of the customization strategy and the launch of the New Year gift package event for recharge and mobile phones. He also knew that this kind of thing could not be hidden from Kumho. If Kumho had not studied the entire industry very thoroughly, it would have never been able to achieve the level of today.

"From the performance of China Unicom Beijing Branch today, the effect is very good!" Chen Xinsheng smiled slightly. Yang Rongping wanted to show sincerity, and Zhang Ke also cooperated and was moved. He was listening carefully and respectfully, and he was there to practice Tai Chi.

Xiao Ruimin has the most contact with Jinhu. He knows that Yang Rongping's trick of moving emotions is useless in front of Zhang Ke and Chen Xinsheng; if you want to play moving emotions, you should not come to such luxurious occasions. In this kind of luxurious occasion, it is only a reminder that everyone in Jinhu will be based on interests. In fact, there is nothing wrong with the premise of interests. After all, it is not impossible to win-win situations.

Xiao Ruimin said: "The situation today is quite satisfactory, but the real difficulty is that Lianxin can only obtain 20,000 sets of ESS base frequency boards from Kumho every month. Even if Lianxin fully supports China Unicom to develop new users in Beijing, it is far from enough!"

Why didn’t Lianxin and Kewang Hi-Tech do anything when they launched the ESS mobile phone in November? It’s not that they don’t have any confidence in this mobile phone, but they really can’t open the bottleneck of production capacity for a while. The low-end market will always be the largest market in absolute quantity. How can the monthly output of 40,000 sets be met? Lianxin and Kewang Hi-Tech do not dare to promote it at all, and the distribution of marketing networks is even a choice.

Take Beijing for example. Today is not a weekend or holiday. China Unicom will sell 1,000 mobile phones. The New Year recharge and mobile phone delivery event will continue. Beijing needs to prepare at least 50,000 or 60,000 mobile phones before and after the Spring Festival.

This is also one of the reasons why Zhang Ke felt that Lianxin and China Unicom were a little hasty in testing the customization business. China Unicom's customized mobile phone stocking volume was not enough to support such an important promotion event. The stocking cannot keep up with it. When the event was in full swing, it would stop abruptly, which would seem incomplete. This is just in Beijing. If China Unicom promotes such an event in other regions, the stocking volume would be even greater.

This is also the reason why mobile phone manufacturers like to cooperate with operators. They can quickly increase the sales of products without paying much additional marketing costs.

Zhang Ke knew that Yang Rongping and Xiao Ruimin did not fully predict the situation today, otherwise they would not have been so hasty. When he heard that there were more than 1,000 customized mobile phone users in China Unicom's Beijing area at the banquet, Zhang Ke and Chen Xinsheng knew that today would be entangled with Yang Rongping and Xiao Ruimin.

Since Xiao Ruimin mentioned this key issue, Chen Xinsheng looked at Zhang Ke to see if he would pretend to be confused and push the problem of output to his head. However, Zhang Ke touched the back of his head and smacked his lips and said: "Ida's new factory in Haizhou will not be started at the earliest in late this month. He planned to wait until the Spring Festival before considering production. The ESS base frequency board before the new factory was put into production was divided by Lianxin and Kewang Gaoke..."

Zhang Ke means that he has learned about the dilemma between Lianxin and Unicom and is considering starting the new factory that is planned to be put into production after the Spring Festival until the end of this month, but he can only do this... It seems that it cannot solve the dilemma of Lianxin and Unicom's current shortage of stocks. Chen Xinsheng estimated that Unicom will prepare 10,000 pieces for Beijing, which can last for at most ten days.

Chen Xinsheng knew that with the monthly production capacity of nearly one million components in the component department, it would not be particularly problematic to coordinate the squeezing of 40,000 to 50,000 sets of basic frequency boards for emergency response, but it would not be in line with the interests of Kumho if it was too easy to meet the requirements of Lianxin and China Unicom.

After Zhang Ke opened the golden mouth, Xiao Ruimin did not expect to have room for maneuver when he went to Chen Xinsheng. In addition to finding a solution from Jinhu, there is another way to go, that is, to urgently transfer a batch of mobile phones of the same specifications from Kewang Hi-Tech. The meaning in Zhang Ke's words also implied, but in this way, it is equivalent to actively bringing Kewang Hi-Tech in to participate in China Unicom's customized mobile phone business. At this time, China Unicom took the initiative to come to the door to seek Kewang Hi-Tech, and Kewang Hi-Tech could even get more preferential conditions than Lianxin.

Xiao Ruimin was somewhat unwilling to accept it.

Under the same conditions, when China Unicom chose a partner for mobile phone customization business, it was asked to lean towards state-owned enterprises, so it finally chose to cooperate with Lianxin. Yang Rongping knew very well, and many people knew very well that Jinhu was the best partner of China Unicom. Lianxin ESS' mobile phone technology came from Jinhu. Direct cooperation with Jinhu will have more cost advantages. However, many people, even China Unicom, have many senior executives who do not want to see Jinhu become stronger, so they excluded Jinhu from the beginning. However, when Lianxin's production capacity cannot meet the needs, China Unicom cannot hang itself on a tree. Yang Rongping actually hopes that Zhang Ke and Chen Xinsheng will take the opportunity to propose the requirement of Jinhu to directly participate in China Unicom's mobile phone customization business.

For a mobile phone that uses ESS base frequency board, Lianxin will control the manufacturing cost to about 800 yuan per piece. Unicom's purchase price from Lianxin is 980 yuan per piece. The manufacturing cost of mobile phones of the same specifications, Motorola, Nokia, and Ericsson will not be less than 1,200 yuan, and the custom price for China Unicom will not be less than 1,400 yuan. The procurement cost of cooperation with other domestic mobile phone manufacturers such as Lianxun and Dongxing will be higher. With a purchase cost difference of more than 40%, China Unicom can only choose Lianxun as a strategic partner of mobile phone customization business, which means that China Unicom actually subsidizes 980 yuan to each new account-opener for the recharge and phone bill.

If we can cooperate with Kumho, Yang Rong estimated that China Unicom could take the opportunity to reduce the procurement cost of customized mobile phones to less than 900 yuan.

Don’t look at this small gap of 80 yuan. Unicom’s net profit margin at this time is even less than 6%. If we promote customized mobile phone business across the country to develop new users, the procurement cost of each mobile phone will be reduced by 80 yuan, and it is expected that China Unicom’s net profit margin will be increased by two or three points, which will be a very remarkable achievement.

Unicom is going to be listed in New York and Hong Kong at the same time. Performance will be the first factor that Unicom will consider in the future. Personal feelings must be placed behind. Yang Rongping did not expect that Jinhu did not rush to jump out of the corner of Lianxin, nor did he have the intention to support Lianxin infinitely. The meaning in Zhang Ke's words was that China Unicom could urgently transfer goods from Kewang Hi-Tech.

The waiter brought the wine, drink, fruit tray in, and the beautiful woman followed in. He didn't want the waiter to hear it. Yang Rongping waved his hand and asked the waiter to go out. The beautiful woman and the general manager of China Unicom Beijing Branch personally helped everyone pour wine.

Zhang Ke took the wine glass, looked at the half glass of dried red in the high-legged wine bottle, took a sip, and felt a little astringent. He picked up the drink bottle and wanted to mix Sprite into it. The beautiful woman smiled and reminded him, "Dry red is originally a wine that has been taken off the sugar. If you mix Sprite into it, it will become wine again..."

"Do you have wine? I think Tonghua wine is quite delicious." Zhang Ke said with a grin.

The beautiful woman stood there embarrassedly, with a pink face. She thought that Zhang Ke would be restrained by the unconscious force of Zhang Ke. At least every man she met would try every means to show a profound and omniscient look in front of her, and would never want to give her or others to despise her in front of her. She didn't expect that Zhang Ke would be so indifferent, and I wonder if she really wanted to quit and help Zhang Ke find that kind of low-end wine.

Zhang Ke ignored the embarrassing look of this beautiful woman, picked up the drink bottle and mixed Sprite into a high-legged glass, and smiled and said to Yang Rongping. Xiao Ruimin and others: "I don't expect to drink Tonghua wine here anymore. I really can't bear to bother the lady to go out to buy wine for me. I'd better be self-reliant. If you have low blood sugar, mix Sprite in the dry red, the taste will be better..."

Yang Rongping and Xiao Ruimin all smiled and took the Sprite bottle and mixed it with Sprite. Chen Xinsheng was used to the taste of the dry red. Yao Jian and Liu Mingfeng would not join in the fun. They didn't think they could be qualified to tease such a beauty together.

Zhang Ke took a sip of the dried red mixed with Sprite, smacked his lips, added some ice cubes, quenched his thirst a bit, then put the wine glass on the glass table, and said to Yang Rongping: "Mr. Yang just told me very sincerely about some of the current situation of China Unicom, which made me unable to exchange some opinions with you, Mr. Yang..."

If Yang Rongping believed Zhang Ke and he would be heartbroken, he would be a ghost. However, after hearing Zhang Ke say this, he was moved to the point of being moved and said, "It's so welcome. No one dares to boast about it nowadays and says that it is more valuable than your opinion!"

"Maybe it won't be particularly good," Zhang Ke narrowed his eyes and smiled. "Unicom's Beijing Branch's performance today is very encouraging. However, as far as I know, China Unicom's G** network construction is still insufficient in terms of perfection compared to mobile companies. Even in Beijing, it is the most complete area for China Unicom's G network construction. There are also some communication blind spots. The narrow bandwidth is also a problem. China Unicom's user base is limited at this time, and the problem of narrow bandwidth has not been fully exposed. Once the number of users surges, how should China Unicom deal with this problem?"

"..." Yang Rongping didn't expect that Zhang Ke would sharply uncover the pain of China Unicom. China Unicom even deliberately avoided this problem in its listing financing report. China Unicom wanted to cover up its ears, but it did not mean that other people's ears and ears were really covered. Jinhu has the deepest understanding of the domestic communications industry. Yang Rongping would not be surprised if Jinhu could see through China Unicom's pain feet. But hesitated and said, "This is indeed a relatively difficult problem. Since Ke Shao raised this question, he must have some thoughts on this issue. I just want to ask Ke Shao for advice..."

"How long can Mr. Yang think Kumho's manufacturing cost advantage in ESS base frequency boards last?"

"Ke Shao means..." Yang Rongping was moved after hearing Zhang Ke's words. When it comes to cost advantages, no mobile phone chip manufacturer can compete with Jinhu. Even if other mobile phone chip manufacturers adjust their product strategies, they still need to move their manufacturing base to China or regions with labor costs comparable to China in order to compete with Jinhu in terms of manufacturing cost advantages. Speaking of technology, who knows whether Jinhu has received support from Deyi when developing baseband chip technology...

"If China Unicom believes that Kumho's cost advantage on the ESS base frequency board can last longer, Kumho might as well make a gentleman agreement with China Unicom. Within two years, Kumho will not cooperate with the Mobile Communications Bureau on the ESS base frequency board to ensure that China Unicom can obtain sufficient cost advantage in its customized mobile phone business..." Zhang Ke picked up the wine glass on the table and took a sip.

Yang Rongping's eyes were wide open, and Zhang Ke's promise to exclusion almost made his adrenaline level rise sharply.

Unicom adopts a mobile phone customization strategy to attract new users by recharge and delivering mobile phones, which can be expected to have a good effect, but the mobile side will not be arrogant Ren Unicom competes for new users with this extraordinary strategy.

For Mobile, the best response strategy is to copy like this. In this way, Mobile can still suppress China Unicom tightly with more complete communication network conditions.

Once Kumho is determined to exclude Mobile, if Mobile wants to develop a customized mobile business, at least at the low-end customized mobile phone cost will inevitably be 40% or even higher than Unicom. Unicom will have more cost advantages to catch up with Mobile.

In two years, it has been quite relaxed.

How could Yang Rongping not move this promise made by Zhang Ke? But Yang Rongping also knew that there was no free lunch in the world, and Zhang Ke would not bring good things to his door in vain. Jinhu really wanted to exclude mobile phones, and he wanted to make enemies with mobile phones, and he took a lot of risks.

"What does Kumho need China Unicom to promise?" Yang Rongping said with excitement.

"First of all, this cooperation is a win-win situation. At least, the Mobile Communications Bureau cannot feel particularly strongly that the cooperation between Kumho and Unicom is deliberately targeting them. Kumho is also willing to cooperate with Lianxin to develop more mobile phone products with rich features and excellent performance," Zhang Ke said with a smile, as if he was talking about an understatement. "On the other hand, the increase in the production of Kumho mobile phone chips requires a process. I think Lianxin's expansion of production cannot be achieved overnight. Can China Unicom be a little patient in promoting customized mobile phone business? Start with first-tier cities with good communication network conditions, and there is no rush to open the entire line for the time being?"

Yang Rongping understood Zhang Ke's words. He should be very unhappy when Jinhu wanted to interfere in the internal affairs of China Unicom, but Zhang Ke's promise just now was too tempting.

Unicom will develop customized mobile phone business, and of course it will not only develop low-end mobile phone products. Mid-to-high-end mobile phone products can naturally choose other mobile phone manufacturers to cooperate with, such as recharge and give mobile phone gift packages, which can also be more abundant. As long as the test is successful, Unicom does plan to allow branches in all provinces and cities to expand customized mobile phone business, so as to develop new users with full expansion.

The biggest disadvantage of doing this is that except for first- and second-tier central cities, other areas with poor communication network conditions and narrow bandwidth will cause line congestion and call quality to be reduced due to a large number of new users.

In order to raise funds on the market and to give investors a clearer explanation of development data, some issues need to be temporarily ignored.

What is Kumho's ambition?

Kumho actually asked China Unicom to change its established strategy to develop new users across the board, focusing on first- and second-tier cities with good communication network conditions to promote mobile phone customization services to develop new users. Kumho cooperates with Lianxin to provide China Unicom with more and more customized mobile phones, and at the same time, it also allows China Unicom's mobile phone customization business to be more closely tied to Kumho.

In this way, in addition to gaining more cost advantages in customized mobile phone business, China Unicom can also concentrate resources to prioritize the improvement of G** communication network infrastructure in first- and second-tier central cities, alleviating the shortage of communication resources in third- and fourth-tier cities and rural areas. However, the increase rate of new users will be greatly reduced than expected, and the time to catch up with mobile in the user base size will be delayed...
Chapter completed!