After the meeting, Jang Gwangchul returned to the office and said to Woosung in excitement. âIt sounds like TK wonât give up!â
âIf the new rule required participating companies to provide a 50% cash availability, this would benefit us.â
âExactly. The government is worried that this will cause the phone bills to alleviate.â
âUnderstandable. Based on our calculation, any bid above three billion will require at least a 5% increase of the phone bills.â
âSo the game is getting even more interesting.â
Woosung nodded.
Who will give up?
Jang Gwangchul continued, âWe need to make sure TK doesnât steal our information and plans, or else, this can be very bad for us.â
Woosung nodded.
Jang Gwangchul added in a low voice, âI heard from our spy in Daeyang. There was a huge kerfuffle after XFeed won the mobile carrier business, and NIS couldnât do too much for them.â Jang Gwangchul looked thrilled as he continued, âSo Chun Gisu was blamed for everything, and now he feels like heâs done with Daeyang.â
âSo is he interested in coming to us?â
âProbably not to KND right away, but maybe he can start working at XFeed as a consult? What do you think?â
âBut that would make Daeyang even angrier and they may do something drastic to us.â
âThen what should we do?â
âWhy donât we create a consulting company and get him to become the acting CEO? I will fund the whole thing, and after we take over Daeyang, we will place him as Daeyangâs new CEO.â
âOkay. Letâs try that.â
âGet him to sell his Daeyang shares to us.â
Jang Gwangchul nodded and left the office.
***
3.3 billion dollars.
It was the amount from XFeed for the eleventh round. They had to prove that they had 55% of this amount available in cash. XFeed sent the appropriate documents and passed with flying colors.
After hearing this, TK was in a panic. This was beyond Jun Taewon now. He went to his father, the Chairman, Jun Junghee.
His father asked, â3.3 billion dollars, and you want to write a bigger bid?â
Jun Taewon replied confidently, âYes. We need XFeed to pay as much as possible for this so that we have a chance.â
Jun Junghee asked coldly, âAnd what if XFeed suddenly gives up and we end up needing to pay the amount?â
âItâs a high risk and high return situation.â
âWhy should we take on this risk? Why not other mobile carriers?â
âThe others are too small, andâ¦â
âAnd?â
âI was able to get an investor who can cover us if necessary. If I didnât have this, I wouldnât have started it.â
Jun Junghee massaged his temples and asked, âSo you used up all of our companyâs available fund. If it goes over 3.5 billion, we wonât be able to bid.â
âBut this investor will provide us with more funds. I am confident we can come up with the money.â
âIf you are right, then this would indeed be a win-win situation for us, but do you even know why this investor is helping us?â
âIt doesnât matter. TK will win no matter what.â
Jun Taewon explained with confidence. Jun Junghee saw himself in his son when he was younger. Jun Junghee began with nothing. He took high risks and that was how he came to own the biggest mobile carrier in the country.
Jun Junghee asked finally, âAre you sure about this?â
âYes!â
***
It was all Kang Woosungâs fault. Daeyang was going downhill all because of him.
âThey took the mobiles carrier business. We couldnât find anything about his companies even with the help of the NIS. Blue S is doing well. They are about to win the golden frequency.â
Choi Taemin screamed. Chun Gisu remained silent.
âWhy canât you do anything?â
âI apologize.â
âDo you think apologizing will fix anything?â
ââ¦â
âHow much did you get paid last year from this company?â
â2.1 million dollars, including the incentives.â
âAnd do you think you did enough to deserve that?â
Chun Gisu couldnât hide his displeasure.
Choi Taemin sneered, âAre you angry?â
âNo, sir.â
âBring me result then!â
âI will.â
âYou better, or else.â
After leaving the room, Jang Hyunho called Chun Gisu for a private meeting.
âDid you think about it? You know our careers are over in this company.â
Chun Gisu nodded unhappily. He was sure now.
He asked, âWhat do you want me to do?â
âHelp me with the TK situation. If things go well, they promised to make a consulting company for us.â
Chun Gisu didnât seem happy with the offer.
âJust a consulting company?ân/o/vel/b//in dot c//om
âItâs just a smoke screen for the bigger plan. Itâs only temporary. Ultimately, we will come back to Daeyang, but not as assistants.â
Chun Gisu murmured, âI see.â
âWe can have the chance to run this company. We deserve it!â
Chun Gisu nodded. Jang Hyunho quickly picked up his cellphone.
***
Jang Gwangchul went to Woosung.
âHe called. TK accepted Daeyangâs help.â
âSo TK is reaching its limit.â
âYup. Itâs almost time.â
âDaeyang offered 1 billion, right?â
Jang Gwangchul nodded.
âIâm guessing they could probably bid up to 5 billion if they use every resource they have. I just hope they keep continuing to bid.â
âThey are probably worrying about the same thing.â
Jang Gwangchul sighed deeply.
âIfâ¦if they give up, what are you going to do?â
Woosung replied slowly, âThere is one huge difference between TK and XFeed. Do you know what it is?â
âThey donât have as much money as we do.â
âThatâs right. They donât have money, so they are borrowing from everywhere including Daeyang.â
Jang Gwangchul nodded.
He asked, âSo what do you think will happen tomorrow?â
âTK will probably bid 3.5 billion dollars. We will then go up to four billion. They will probably go even higherâ¦â
âYes?â
âThen we will go higher again. It needs to go beyond anyoneâs expectation.â
âSo how much are you thinking?â
âSeven billion dollars.â
ââ¦what? Do you think TK can come up with that kind of money? Unless they are crazy, they wonât go that high!â
âThey came this far, so they are already crazy. At this point, they are making their decisions based on their emotions. They want revenge against us. Why do you think Daeyang is helping TK?â
âBecause they hate us?â
âPrecisely. We will continue to air our obnoxious ads on TV. Their pride will be damaged every time they watch them. Both Daeyang and TK.â
âBut what if they give up?â
âOur government is corrupt as you already know. TK is probably getting information from the government officials about us. So what weâll do is feed the officials wrong information about us.â
ââ¦â
âThey are probably guessing our limit to be 7 billion dollars.â
Jang Gwangchul sighed again. âI really hope it works out just as you sayâ¦.â
Woosung looked calm, but his hands were sweating. This was not something that happened in his previous life, so he had no way of knowing if it would work.
He was worried but he replied evenly, âIt doesnât matter even if it doesnât work out.â
7 billion dollars.
It was a lot of money, but it wasnât an amount Woosung couldnât afford.
On TV, XFeed commercials continued to air.
âXFeed service will outperform every other mobile carrier.â
â20% cheaper and 20% faster.â
âChoose XFeed.â