Posted by ThorsHammer on Raging Bull
By: ThorsHammer
Reply To: None Monday, 12 Jun 2000 at 2:55 PM EDT
Post #72375 of 72375
There seems to be some confusion about the scope and character of today's announced alliance between Hrct's subsidiary Guo Mao and Shanghai Industry Foreign Trade Telecom Corporation.
Unless Nokia has deviated from the standard practices of this segments manufacturers they have approval rights over all third party content accessible from their wireless devices. Shanghai Industry does not enter into these agreements unless they fall within the purview of the restrictions established by Nokia. When you access the internet from Nokia devices you will be accessing a limited directory of content. From the wording in today's announcement Guo Mao will be providing all the content that falls within their business model.
Furthermore, Shanghai Industry " is also a Nokia authorized applications developer for all Nokia's GSM handsets, wireless data, and multimedia terminal products distributed in China. It is headquartered in Shanghai and is the largest Nokia handset distributor and value added reseller in eastern China region." Some very critical info here ? the way this is worded they are the application provider for all of Nokia?s wireless products distributed in China, and they are Nokia Authorized which means they have agreements with Nokia as to type and form of content. They cannot sign off on any deal in conflict with Nokia?s arrangement.
?The strategic partnership allows ?Guo Mao's financial software and information tools to be integrated or bundled into SIFTT's manufactured and distributed Nokia products. Further alliances are also defined to jointly develop a series of new financial data terminals specifically developed and marketed in China. ? So Guo Mao is not only providing content but also software platforms for online trading and other financial services..and for a next generation of financial data terminals.
One of the reasons that China is dragging its feet on CDMA is that they want to move directly into third generation or 3g wireless technology. One of the selling points of the 3g tech is that it is better equipped to handle streaming content and multimedia. Guo Mao will be delivering these platforms to millions of next generation Nokia phones and ?wireless data terminal products.? Wireless data terminal products are combination palm pilot ? telephone ? pager type devices. Bottom line, Guo Mao is now getting into position to deliver next generation software platforms and content to the largest distributor of Nokia products in the fastest growing telecom market in the world.
Now, take into consideration all the vertical and horizontal value added potential. A Nokia wireless user connects to the internet..they are taken to a directory of content provided by Guo Mao..every click, every hit will generate revenue. SinoBull will be the big winner but how many other revenue streams can evolve from this? How much additional market penetration for Hrct subsidiaries? Will we be providing sports info?..legal info??.entertainment info?
Now combine this with providing financial data and online trading links to SinoBull for Yahoo?s portals?the third and fifth most viewed sites in China - with the incredible exposure for the SinoBull Group when the financial channel kicks off in the fourth quarter ? with the fact that when the isp deal is done we have access to appx. 600,000 more internet users before the cash and management infusion takes place?etc., etc., etc.
Finally, add Nasdaq, the SinoBull ipo, the underwriter, the U.S. partner and the fact that we have four dealmakers?Phan, Bianco, Yang and Westfield?out pursuing new deals with this giant machine that is now Hrct and tens of millions in underwriter cash or stock currency behind them. The potential appears to be enormous.
Anyway, that?s why I?m here. If you want to get into an argument about semantics, fine, but don?t lose sight of the big picture.
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