God of Money

The government is looking forward to reducing communication costs and increasing quality among its citizens through the selection of a fourth mobile operator.

This time, Express is a company that starts with 15 trillion dollars in colostrum capital and is renowned for its coconuts and KND.

In the end, there was no difference in the selection of fourth-mobile operators. The dominance in the article 15 was well chosen, and the capital announced by the government was turned into speakers.

And the successive aggressive march of dominance.

Announcement of acquisition of Daenam Construction.

He is the third largest company in construction capacity. Although he now has net loss and cannot avoid Chan Bop, he has taken over a company that used to win three trillion acquisitions under the mountains of Daenam Group. The media was concerned about the winner's curse, but dominance was cut off in one word.

I have enough money, I just don't have a company I want to buy.

This was realized in a frequency auction immediately following the selection of a fourth mobile carrier.

Simultaneous ascending bidding method.

A bidder may select one of three bands in each round. If you were to be the highest bidder at a particular frequency in that round, you would not be able to bid in subsequent rounds. Thus, the round continues until a maximum of three frequencies have been determined.

It was a method designed to increase public interest by treating public goods frequencies as transparent open auctions.

A 1.8 Ghz band is aiming for dominance.

It was called the golden frequency. It was one of the most used LTE frequency bands in the world. Jang Gwang-chul asked the dominant.

"You're going to use it until you win, aren't you?"

He nodded and replied.

"I'm going to start with the first 500 billion."

Zhang Guangcheol tapped my chest in a bold answer. In my previous life, TK finally wins at 99 billion. I had no intention of leaving him like that.

"Hey, it's an auction."

"A festival for the rich."

"I have spent three trillion on the acquisition of Daenam. And we need to move forward with Panbridge and Yongsan investments. You just invested 15 trillion in communications."

"You can sell some KND shares if you like. You know better than me what the KND market cap is."

The current market value of KND, which was listed on the Kospi through the dominant bypass list method, was around 80 trillion. Approximately 80% of the shares in dominance.

Even if only 10% were disposed of, we could raise 8 trillion won of capital. Zhang Guangcheol mutters cautiously.

"You know it."

KND and coconuts.

The share value of the two companies owned by Zhang Guangcheol was surpassing 10 trillion. Money you would have made in your lifetime but not collected.

Since the money was still being raised every day, Jang Kwang Chul did not make a loud noise.

"You have to spend 500 billion in the first round to kill TK's chi from the grasslands. And I don't intend to pay for everything."

“What · · · What? ”

“The Winner's Curse. Given the circumstances, if TK were to be cursed by a winner, that would be more beneficial for Speed. ”

“What are you up to again? ”

“This auction is going to be worth it. I'm going to focus on the media, I'm going to focus on the eyes of the people. ”

The dominant mumbled meaningfully, and Zhang Guangcheol trembled with anxiety for some reason.

* * *

Office of Jeon Tae-won from TK Telecom headquarters.

"Express has spent 500 billion in a frequency auction."

The secretary's report made him bite his lip tightly.

"You mean confident?"

"You have 15 trillion in capital, so you'll have a lot of money. If you buy communications equipment cheaply from KND, you can use it to set up a national network."

"There will be more money."

What should I do?

Jeon Tae-won's worries became deeper. And I slowly opened my mouth.

"We can use up to 1.5 trillion. Beyond that, it's impossible. If the 1.8GH band is not secured, there is a concern that communication quality may be compromised and the current status of the overload may be shaken."

"That's right."

Phew.

Jeon Tae-won sighed for a long time. No matter how much I thought about it, it was hard to find the answer right away.

"First, spend 600 billion in the next round. Let's see how the opponent gets out and come up with a more concrete plan."

The secretary nods his head and makes a busy phone call somewhere. In the meantime, advertisements were flowing on the TV set by Tae-won Jeon.

It's the only option for Speed 4G.

The only enterprise speed to build a high-speed 4G national network.

BlueS3 4G support. Available at XSpeed.

Even though the frequency auction had not yet finished, I couldn't help but look at the advertisement that appeared as if the future was determined.

Two days later.

The secretary jumped into the office of the former palace clerk with the results of the bidding for round 2. The secretary's forehead was cold sweating.

"We spent 80 billion. We spent 80 billion."

Jeon Tae-won bit his lips tightly.

'I'm not crazy. It's only been three rounds.'

As soon as they spent 600 billion in round 2, they spent 800 billion in round 3. The auction had just begun and it was the same. But the price had already approached the high they had thought of.

"What's the other reaction?"

"KG seems to have given up the band - they don't think the ROI is right to invest nearly a trillion dollars."

"We can afford up to 1.5."

Jeon Tae-won clenched two fists.

"Write trillions. Let's see who dies where."

"Vice chairman,"

"And let the group know to get as much money as possible. If we say we can't eat, we have to kill the opponent."

"Oh, I see."

This time, the secretary ran out of the burinake.

The next morning.

Who will be the winner's curse?

A game of chicken over KRW 1 trillion in 4 days from the start of auction. What is the main character of the Golden Frequency?

10 trillion units of stake. Destiny of Express in frequency.

News about frequency auctions from various newspapers to broadcasters has flowed into the headlines. Jeon Tae-won got up from his seat and was restless and waited for the results.

Bloop.

Even though it was cold winter, cold sweat flowed from my forehead. Cho Tae-won, who held the Interphone, shot nervously and pasted it.

"Son of a bitch! I can't control my office temperature!"

"Poetry, I will correct it."

Boom.

The former Tae-won, who put down his handset roughly, kicked his desk to make sure that he couldn't lose his temper.

Boom.

Again.

Boom.

And again.

Nevertheless, I was furious, gushing through the rough nostrils. When the moisture flowed and the poor breath cleared up, the secretary ran into the office.

He said, "We spent 15 billion dollars. ”

Jeon Tae-won closed his eyes tightly. One trillion five hundred billion was one of the money he planned.

“Crazy bastard. ”

“Let's spend 1,600 billion. ”

The voice of the secretary was trembling. Operating earnings this year amounted to 2 trillion and net income of 1.5 trillion.

Spending $1,500 billion meant I would spend all the revenue I made this year.

Jeon Tae-won nods heavily.

“Try it first. ”

“If they no longer participate in the round, · · · · · · · · · · · ·. ”

“It's okay. It's going to be 100 billion beyond projections, but it's well within projections. And if you use the group cash, you can do it up to two trillion times. ”

The thought of Jeon Tae-won was unbroken the next day.

* * *

Zhang Guangcheol mutters while swallowing dry saliva.

“This article · · · · · · · · · · ·. ”

“That's already happened. ”

“The winner's curse seems to be approaching · · · · · · ·. ”

The dominant rubs his stubble on his chin. In my past life, KG gave up and TK won 1.8GHz on a small amount of money. This time, however, the KG had fallen out, but there was still some speed left. And the money was raised to about two trillion.

It was enough to buy a thousand households in a two-trillion dollar Apgujeong Hyundai Apartment. Big enough money to buy all the apartments in the area over one night.

Nevertheless, dominance was not very impressive.

“Coconuts and blues have their strengths, but nobody notices them in the telecommunications market. Early stage suppression is important to bring in TK customers that make up half the market. ”

“Gain a golden frequency band to differentiate between speed and quality. ”

“That way, XSpi can be assimilated into the image of the technology leader we've built, and it can be used to explosively attract users. ‘This company is looking forward to something.’, ‘I think it will create something new and strange. ’ ”

“Are you talking about what people expect from Apple? ”

“It's a little different if you go into specifics, but it's the same in terms of 'expectations’. We've also become a company that people look forward to, showcasing services and technologies like Blues, Coconut, Coconut Eye and Coconut Bank. We apply that to X.O. ”

Zhang Guangcheol nods at the dominant's explanation.

“We haven't even started the full service yet, and 100,000 people have signed up. I think your expectations of things are working out differently. ”

"When you didn't get the golden frequency band, you said 500,000 people were the limit?"

"Yes, there is a limit of 100,000 people to maintain the current 15 Mbps. Taking a different band and tying it to the band is currently under development, but it may take a while. “

Frequency is like a road. As wider roads can move faster, more frequencies can move faster. It is also possible to move faster when adjacent frequencies are assigned. There is another reason why we must allocate 1.8 Ghz. Zhang Guangcheol slowly spoke.

“Yes, and I'm using the 1.8Ghz band worldwide for LTE. We also need 1.8 to get our strength from overseas roaming. ”

There were so many reasons to win. That's why it was not a waste of two trillion. And if they can't eat, · · · they won't eat.

* * *

Even if I won the auction right away, I wouldn't pay trillions at a time. Nevertheless, Article 2 was a burden. Jeon Tae-won mumbled as he was restless in the office.

“That's not a total lunatic. Two trillion. ”

He said, "Maybe he's thinking of the Trinity. ”

The words Samjo also opened their mouths to Jeon Tae-won, vice chairman of TK.

“At only one frequency? ”

“Early adoption is important for startups. Once the image is branded and the inertia is established, a loyal customer will be created. Seems to be aiming for it and spending a lot of money. It's also the growth of TK Telecom. ”

Jeon Tae-won closed his eyes and walked around the large office. What should I do? Should I spend more money? Or stop at this point and invest in alternative frequencies.

The secretary's phone, which was worrying, rang out. It turned out to be the Ocean Strategic Office number.

“Hello, Chief Secretary. I'm a sea strategy practitioner. ”

“· · · Yes? ”

“I heard you've been having trouble at the frequency auction lately. I was wondering if there was anything I could do to help. ”

Even in the explanation of the Celestial Master, the secretary's curiosity was not sharpened.