Chapter 408: 500 Million Yuan in Charitable Funds! 4G License Approved
Chapter 408: 500 Million Yuan in Charitable Funds! 4G License Approved
Less than five minutes after Adebayo gave permission, he met a Black man in his forties.
Like most nouveau riche in Africa, he wore a large gold chain around his neck, held a cigar in his hand, and wore a Patek Philippe watch on his wrist, giving the impression that he was very wealthy!
As for his walking posture, he had the quintessential nouveau riche look.
But Adebayor didn't let his guard down, after all, the person behind him shouldn't be that stupid!
"Mr. Adebayor, I have long admired your name and have always wanted to visit you, but I have never had the opportunity."
Let me introduce myself. My name is Michael Oak, and I represent the African branch of Blue Mountain Capital.
He said he handed Adebayor another business card, and after looking at it, Adebayor said:
"Blue Mountain Capital, I don't think I've ever heard of this company."
But out of politeness, Adebayor gestured for him to sit down.
But Michael wasn't in a hurry. He introduced the business card he was pointing to:
"We are a newly established African company, jointly founded by the richest people from various parts of Africa, with the goal of making more money."
This is also to prevent African money from being taken away by foreign capital; African money should belong to us Africans.
However, everyone has their own area of expertise. Our way of making money is by selling mines or other resources, so we are not particularly professional in the field of technology. That's why we would like to invite you.
The idea that African money should be earned by Africans is similar to Hoffman's sentiment.
Adebayor sneered inwardly. They were quite professional, at least they changed the script.
"That sounds interesting, but you want me to become your agent and turn your company into a high-valuation enterprise?"
"It's not just about valuation."
Seeing that Adebayo had some ideas, Michael immediately showed a delighted expression.
"Mr. Adebayor, we all see your potential."
"We've treated you well, but you deserve better. If you're willing to leave Sichuan Conservatory of Music and go solo, we can provide all the necessary resources; we just want a chance to get on board!"
He took a document out of his briefcase and placed it on the table; it was an investment agreement for 500 million.
This is just the amount of seed round investment. After all, Transsion only needed 500 million to acquire most of the shares in its African investment company.
They gave 500 million in the initial stage, so it's obvious who is more conscientious.
He observed for a while and realized that the person in front of him was not so simple. After all, the contract was too good to be true, so good that it didn't seem like an investment contract.
He didn't impose any conditions or performance-based clauses. He was too outstanding, so outstanding that it wasn't something capital should do; rather, it was like he was a money-giving benefactor.
Does your company never set conditions for its investments?
Michael's smile remained perfect, but upon hearing that there were no additional conditions, a barely perceptible hint of hesitation flashed in his eyes.
After all, if someone approaches him and he can persuade them to quit their job and start their own business, he can receive a large bonus, and perhaps even strike gold.
We have confidence in you.
You don't need any performance-based clauses; your reputation in Africa is the best guarantee.
After saying that, he reached out and handed over another check!
"Here's $500 million, you can consider it!"
"I see."
Adebayo quickly put the check away, while simultaneously revealing a greedy expression.
Seeing that he had accepted the money, Michael's hesitation completely disappeared, because he knew that $500 million was enough for Adebayo to work for at least two years.
"By the way, sir, we'd better...we'd better act quickly, because the window of opportunity for media coverage is rather short, and your public profile is very high during this period."
Announcing your business plan while the momentum is strong will be incredibly effective!
"Understood, I will get back to you within a week!"
Michael stood up, shook hands, and left the restaurant.
After returning home, Adebayo sorted out the results of his fishing trip that day.
At the same time, someone checked the authenticity of the 500 million check, since there are quite a few people who use fake checks to fool others.
But the final result surprised him greatly; the investors behind it were quite generous, and the 500 million was real.
But he had already decided how to use the money.
That's a philanthropic investment, just done in the name of Transsion.
To maintain its international image and to offset corresponding taxes, Transsion has a charitable foundation in Africa that specifically helps underdeveloped areas to drill wells, build roads, and construct solar charging stations.
That 500 million is enough to drill several wells.
…………
Meanwhile, on December 25th, the Nigerian Communications Commission officially issued a 4G operating license to Telecom Africa Ltd.
Adebayo also officially announced the news on AfriLink.
"Transsion officially entered the African operator market today. We are committed to bringing you the ultimate 4G experience, and we will build a large number of 4G base stations in the next year."
Combining Transsion's Chinese speed with Africa's human resources, we bring you a brand new African speed.
Just as African netizens began to complain, Shenyang Aircraft Corporation (SAC) also posted a message on Weibo:
Starting today, Transsion officially begins its operator business deployment in the African market.
This will further demonstrate China's speed on the African continent, uniting more Africans with Transsion.
Below is a rare video showing Huawei's 4G communication base stations.
When Transsion entered the 4G communication base station market, it immediately generated far more buzz than he had imagined, after all, the whole of China had long suffered under the wrath of the three major telecom operators.
"Holy crap! Transsion is really going crazy with this move. Now they've taken over the high-end market in China and are going to upgrade the services of operators in Africa?"
But I'm wondering if doing it this way would render its quad-SIM quad-standby capability unnecessary? [doge emoji]
"This combined should be an extraordinary level of African speed!"
"The three major telecom operators: By the way, why do I have a dangerous feeling? Will Transsion do the same thing in China?"
"Upstairs, if Transsion is really going to do this, then I have to support it."
After all, we live in a remote mountain village where the signal is intermittent. It's quite good that the private company is putting some pressure on the three major telecom operators.
"I feel that with the speed of transmission, we should be able to build a lot of base stations in the next year. It's a pity that we used to be able to laugh at our African counterparts for not being able to compare with our infrastructure."
Now on 4G...
"Don't be so pessimistic, upstairs. It won't be long before the three major carriers roll out 6G. [doge]"
Amidst online discussions, Ghana's Ministry of Communications will approve Transsion's 4G license on the 28th of next month. Notably, this will be Ghana's first 4G license...
The level of importance attached to it is obvious.
Following closely behind, Kenya, Tanzania, and Uganda simultaneously began their reviews, and Transsion Telecom passed all the pre-qualification reviews and entered the final candidate list.
dognovel