God of Money

Janggwang-chul, who had been coming to work with the newspaper since morning, looked at him and said,

“Representative Kang, are there any issues here with the newspaper and ‘Chuck' Jean? Why are you publishing this article? ”

X.O., TK final?

According to the ‘Express’ officials who are raising the topic of frequency auctions recently, they can use their capital as much as they want, so TK will never bring 1.8 GHz, called the Golden Frequency.

“And who else is out here? Do I have to thin this one more time? ”

He smiled and replied with a meaningful smile.

“Looks like a journalist wrote a novel. ”

“Are you? ”

He kept his mouth shut and said nothing. Since he knew that there was nothing to ask for, Jang Kwang Chul turned to talk.

“By the way, there are already two trillions. What are you really gonna do? ”

As a result of the 8 rounds, the bid was 2.3 trillion.

Now, Jang Gwang-chul, who decided not to sow what he was doing, could no longer salivate.

"Do you know what trillions are?"

But dominance was still relaxed, and the number of trillions was not large enough to burden him. It's just that he's growing distorted with the future he knows.

I was worried about that. The misunderstood Zhang Guangcheol tasted better.

“Yeah, you'd be worried, too. Two trillion won't be a penny or two. Even if you have money from KND and coconuts, you can't put it all in Express. ”

However, there were other concerns about dominance.

‘Do you get the golden frequency? Raise the amount as much as possible to push TK into the muzzle · · · · ·. ’

Winner's Curse.

It wasn't just about me. TK could also be cursed by the winner.

It's 2.3 trillion already.

If the money goes up by more than three trillion, TK will have no choice but to increase its communication costs, which could lead to consumers leaving.

Which one of them benefits you more?

It was a complicated reason for the tally of superiority. I told the dominant not to worry about Zhang Guangcheol.

“If I really need to acquire a golden frequency, I'm willing to put in more capital. Don't worry about the money. ”

The dominant smiles bloody.

“Haha, I'm not worried about money. It's just a question of how much to raise the bet. ”

“That's it. Shouldn't we do something that doesn't burden us? ”

“On the contrary, it is one way to get your opponent to win an auction for an amount they cannot afford. ”

“· · · What? ”

“Over a trillion operating earnings per year. You won't get the winner's curse in the first trillion. But if it's more than three trillion, or four trillion, or five trillion, it's possible. ”

The iron ingot swallowed dry saliva. His eyes tremble.

“Should I follow you from kindergarten? ”

“That's why I'm worried about it. ”

Zhang Guangcheol's lips twitched.

“And that newspaper article is underpaid? ”

He hesitated, expressing a hesitant attitude.

“If you win an astronomical auction, you will have to increase your communications costs, and if you dig that gap, you will not only win enough, but swallow TK all of a sudden and you will be top of the line in the industry. ”

Only then did Zhang Guangcheol realize the painting of his dominance. Then I was blinded by the article in another newspaper.

The winner to reach the golden frequency of 1.8 GHz will be 'Xspeed’

I thought I knew why news like that was spreading.

“What if he doesn't come? ”

“We are not the only ones with third party employees. ”

“· · · What? ”

He shut his mouth tightly.

* * *

The next afternoon.

Round 9 results were published. I was impressed by Tae-won Jeon, who confirmed the results.

“This trillion-five billion. Are these bastards really going to eat seaweed? ”

The chief secretary who was with me replied.

“So far it seems. I can feel the willingness to take any bleeding. ”

The secretary swallowed the dried saliva.

“Uh, what do you want to do? ”

“Did you say this trillion and eighty billion to get our ROI? ”

“Yes.”

“In the next round, we move on to trillions. ”

Gulp.

I tried to swallow the dry saliva, but my thirst did not go away. These trillion-eight billion have now come to the limit they can use. If you were to spend more money in the future, you would have to increase your communication costs by the next month. The secretary hesitated without answering.

“Beyond that, you'll need to increase your communication costs. The planning team is doing a simulation on communication costs policy right now, but consumer repudiation is not going to be easy. ”

“I know. ”

“It will also mean going against the current Lower Communications Expenses policy of President Lee Bak-Seong. ”

Jeon Tae-won nods heavily.

“From now on, whoever wins will be cursed by the victor. If we get 50 percent of the market, and this trillion-eighty billion is the limit, they've already exceeded the ROI. ”

This time, the secretary nodded. Jeon Tae-won slowly said.

“I'm about to show my willingness to take over the initial market for a loss · · but what if the damage is significant? ”

The secretary tasted the question that Jeon Tae-won asked. It was not a matter that I hadn't thought of as myself.

“Exped's initial capital was 15 trillion, but since then, the rainfall leader is holding out. It is not easy to predict whether" express "will be hit by what amount of money you spend. ”

“Four trillions from the planning team could be wrong? ”

“Yes · · There are many holes to trust 100% of the amount. We don't know exactly what Rainfall Representative's assets are, and we don't know what skills they're hiding. ”

The secretary paused and took a breath. I had time to clear my mind because I could make a statement too quickly. And I slowly opened my mouth.

“We are the first to commercialize 4G. If new technologies come out that we don't know about, four trillion could be nothing more than a penny. The vice president knows coconuts are worth 100 trillion. because four trillion dollars doesn't mean much compared to that. ”

Despite the secretary's explanation, Choi Tae-won's expression was only light.

“Then you can spend more money. ”

“· · · Do you believe in the ocean? ”

“There's no one left to invest in. ”

“If you know, you can react differently. ”

Boom!

Jeon Tae-won slapped the desk with his palm. The secretary couldn't finish his sentence. The secretary who chose to take a breath was a horse.

“Then you need to make sure only the · · · direction is set. Making people spend a lot of money, not winning. Can I assume that means you're directional? ”

Jeon Tae-won nods.

“Then I'll gather the experts involved. ”

“Okay, don't worry about the money. ”

The Chief of Staff leaves with his head down.

* * *

trillions.

It was after 10 rounds. And gradually, the news released the word "winner's curse," and an analysis of whether 1.8 GHz was worth 3 trillion.

There was a huge commotion in the barracks. I chose the ‘simultaneous bidding’ method to sell the frequency at a high value. However, there was a concern that communication costs would be transferred to consumers when they were sold at too high a price. And the three trillion was enough to make it a reality.

A conference room for the Broadcast Communications Commission.

Park Gi-ho, president of TK Telecom and Auction Leader for Defence Frequency were all gathered in one place.

“We brought the two of you together because we think there will be market disruption due to severe bleeding competition. because it's not normal for 1.8 Ghz to go up to three trillion. ”

As soon as he finished speaking, Zhang Guangcheol relaxed and said.

“Prices are driven by supply and demand, and I don't think trillions is a big deal. ”

Then I stared at Park Gi-ho. Park Gi-ho slightly avoided his eyes, saying.

“I agree with you quite a bit. But TK can't back off. The 1.8 Ghz band is essential for TK to build the next generation of mobile networks. ”

The representative said, alternating between the two.

“How could you not intervene? At this rate, we will have to increase communication costs in TK as well, won't that increase consumer burden? ”

I looked at the horse behind me.

“Even if you win at Express, there will be lots of places to put business money, and you may have a hard time spending that kind of money. ”

I smiled as if it was difficult.

“Exped won't have any trouble with money. You know, to what extent does the owner of the river own assets, and Coconut and KND have already outgrown TK Telecom? If you're worried about money, it's kindergarten, not us. ”

Park Gi-ho's expression crumpled on the words that scratched her pride. The Secretary of Defense sighs a little.

“In the corridor, we are thinking of not only the three frequencies we put in the auction, but the other frequencies we put in the auction. Let me know if you want a replacement. I will consider it deeply. ”

However, Zhang Guangcheol's attitude was consistent.

“We only want 1.8 GHz. It's an essential part of a high-speed wireless network we're creating at Xspeed. ”

Park Gi-ho also received a special name from Vice Chairman before coming here.

“TK is the same, not in a 1.8 band. ”

Winning is no longer the goal. Make me spend as much money as possible on Express.

I was smart to remember the instructions that Jeon Tae-won said. The Secretary of Defense sighed deeper.

“Phew · · · Are you sure you want to see the end? ”

Both of them nodded and the chief spoke in a more rigid tone.

“Then you have to prove that if you win the frequency at 3 trillion, you can truly pay 50% of the winning bid. It doesn't matter in any form if it's available for cash right now. And every time the price goes up, the percentage will go up. ”

Suddenly, Park Gi-ho's expression froze. 50% of the trillion was 150 trillion.

“If I don't prove it, the company will be penalized. ”

Zhang Guangcheol remained relaxed despite government officials' threatening remarks, and Park Gi-ho did not conceal his embarrassment.