408: Chapter 408: 5 Million Yuan in Charitable Funds! 4G License Approved

Less than five minutes after Mr. Adebayo gave his permission, he met a black man in his forties.

Like most of the local wealthy in Africa, he wore a large gold chain around his neck, held a cigar in his hand, and sported a Patek Philippe on his wrist, giving off a vibe of 'I'm very rich!'

As for his gait, it was the quintessential look of a nouveau riche.

But Mr. Adebayo did not let his guard down; after all, the people behind this shouldn't be that stupid!

"Mr. Adebayo, I have long admired you and have always wanted to pay a visit, but never had the chance. Let me introduce myself: my name is Michael Oak, representing the Africa branch of Blue Mountain Capital."

As he spoke, he handed Mr. Adebayo a business card. After looking at it, Mr. Adebayo said:

"Blue Mountain Capital, I don't think I've heard of this company."

But out of politeness, Mr. Adebayo gestured for him to sit down.

Michael, however, was in no rush. He pointed to the business card and explained:

"We are a newly established peer company in Africa, founded by a coalition of the wealthiest people across Africa, with the goal of making more money.

It is also to ensure that Africa's wealth is no longer taken away by overseas capital; Africa's money should belong to us Africans."

"However, everyone has their own specialty. Our means of getting rich are selling mines or other resources, so in the field of technology, we aren't particularly professional, which is why we want to invite you."

Africa's money should be earned by Africans—this statement bore a striking resemblance to Hoffman's.

Mr. Adebayo sneered inwardly; they were relatively professional, at least they had changed the script.

"That sounds quite interesting, but do you want me to be an agent and build your enterprise into a high-valuation company?"

"Not just valuation."

Seeing that Mr. Adebayo was interested, a look of delight immediately appeared on Michael's face.

"Mr. Adebayo, we have all seen your potential. Transsion has treated you well, but you deserve better terms. If you are willing to leave Transsion and strike out on your own, we can provide all necessary resources, asking only for a chance to get on board!"

He took a document out of his briefcase and placed it on the table; it was a 5 million investment agreement.

This was just the seed round investment amount; after all, back then, Transsion only needed 5 million to acquire the majority of shares in the African investment company.

They were offering 5 million at the starting stage; it was obvious who was more conscientious.

He looked at it for a while, confirming that the person before him was not that simple; after all, this contract was too generous, so generous that it didn't seem like a real investment contract.

It had no additional conditions, no valuation adjustment mechanism clauses; it was too good, so good that it wasn't something capital usually did, but rather like a gift-giver.

"Does your company never set conditions when making investments?"

Michael's smile remained perfect, but upon hearing about the lack of additional conditions, a flicker of imperceptible hesitation flashed in his eyes.

After all, someone had found him; if he could convince the person in front of him to resign and start a business, he would receive a large bonus, and perhaps be able to mine a 'gold mine'.

"We have confidence in you. You don't need valuation adjustment mechanism clauses; your reputation in Africa is the best guarantee."

After finishing, he reached out again and handed over another check!

"This is 5 million US dollars; please take some time to consider it!"

"I understand."

Mr. Adebayo quickly put the check away, while simultaneously putting on a greedy expression.

Seeing him take the money, the hesitation in Michael's heart completely vanished, because he knew 5 million US dollars was enough for Mr. Adebayo to work for at least two years.

"By the way, sir, we had better... better act quickly, because the media coverage window is a bit short, and your public visibility is high right now. If we strike while the iron is hot and announce the startup plan, the results will be very good!"

"Understood, I will give you an answer within a week!"

Michael stood up, shook his hand, and left the restaurant.

After Mr. Adebayo returned home, he sorted out the results of today's 'fishing'.

At the same time, he had someone check the authenticity of the 5 million check; after all, there were quite a few people who used fake checks to swindle others.

But the final result surprised him; the capital behind this was quite generous, as the 5 million was real.

But he had already thought of the use for this money.

That was public welfare investment, only he would do charity in the name of Transsion.

To maintain its international image and also to deduct corresponding taxes, Transsion had a charity fund in Africa specifically for helping some underdeveloped places drill wells, build roads, and construct some solar charging stations.

This 5 million was enough to drill quite a few wells.

Meanwhile, on the other side, on December 25th, the Nigerian Communications Commission officially issued a 4G operating license to Transsion Telecom Africa Co., Ltd.

Mr. Adebayo also officially announced this news on AfriLink.

"Transsion officially enters the African operator market today. We are committed to bringing everyone the ultimate 4G experience, and we will build a large number of 4G base stations within the next year."

"We will combine Transsion's China speed with Africa's human resources to bring everyone a brand-new African speed."

Just as African netizens began to complain, Shen Fei also posted a piece of content on Weibo:

"Starting today, Transsion officially begins deploying operator services in the African market. We will further demonstrate China speed on the African continent, binding more Africans to Transsion."

Below, he rarely posted a video, which was entirely full of Huawei 4G communication base stations.

Transsion's foray into 4G communication base stations immediately exploded with a level of popularity far beyond his imagination; after all, the whole of China had suffered under the three major operators for too long.

"Holy crap! Transsion is really going crazy this time. They've taken the high-end market domestically, and now they're immediately turning up the pressure on African operators?"

"But I want to know, if they do this, is their Quad-SIM no longer needed? [Dog Head]"

"Combined, this should be an extraordinary African speed!"

"The three major operators: Wait, why do I have a dangerous feeling? Transsion wouldn't do this domestically too, right?"

"To the one above, if Transsion really does it, I must support it. After all, in our remote mountain valley, the signal is intermittent. It would be great for a private enterprise to put some pressure on the three major operators."

"It feels like with Transsion's speed, they should build quite a few base stations in the coming year. It's a pity; we used to be able to mock our African cousins for not being able to compare to our infrastructure. Now, when it comes to 4G..."

"Don't be so pessimistic, the one above. Before long, the three major operators will start competing on 6G [Dog Head]."

Amidst the netizens' discussions, on the 28th of next month, the Ghana Ministry of Communications approved Transsion's 4G license. It is worth noting that it was Ghana's first 4G license...

The level of importance was obvious.

Immediately following this, Kenya, Tanzania, and Uganda began reviews simultaneously. Transsion Telecom passed all qualification pre-reviews and entered the final candidate list.