Wang Jianzhou retires: the curtain call of a communications veteran
Wang Jianzhou is obsessed with the telecommunications industry in his life and work. At the same time, he is also a "master", and carrying five with him is one of his habits
no matter how ups and downs of drama, there are curtain calls, and so is career
over the past year, China Mobile chairman Wang Jianzhou has been "rumored" to be retiring. On March 22, the rumor became a reality
on February 16, personnel from relevant departments of the Organization Department of the CPC Central Committee went to China Mobile for cadre assessment and talked with key management cadres. Xi Guohua, the current Secretary of the Party group and vice chairman of the board, will take over the post of chairman of China Mobile
in the more than seven years when Wang Jianzhou "took the helm" of China Mobile, the revenue of China Mobile increased from 192.4 billion yuan (RMB, the same below) in 2004 to 527.999 billion yuan in 2011, and the net profit increased from 420.04 billion yuan, which will always have a harmful impact on plastics to 125.9 billion yuan in 2011. The number of users also increased from 204.2 million in 2004 to 650million in 2011, an increase of more than three times
in this regard, Wang Jianzhou modestly said: "I am honored to be a member of the management team of China Mobile and work with all the staff to witness the company's trains that have entered the international track and continue to run fast with the help of the inertia of the trains."
sketch Wang Jianzhou
on March 22, 2012, after work handover and a brief speech, the 64 year old Wang Jianzhou finally unloaded his burden, but in the next year, he will still serve as a member of the National Committee of the Chinese people's Political Consultative Conference
Wang Jianzhou came from an ordinary civil servant family in Hangzhou. When he was in middle school, he went to the countryside in Hangzhou for three years. He also worked as a free tour guide by the West Lake in Hangzhou in order to learn English well
people who have contacted Wang Jianzhou generally evaluate him as "elegant", "modest" and "rarely lose their temper"
from a certain point of view, Wang Jianzhou is not much like a "person in charge of a state-owned enterprise": he does not like "calling in front of and behind". No matter what specification of international conferences he attends, he can at most bring a secretary with him. Therefore, when most heads of state-owned enterprises like to call themselves "entrepreneurs", Wang Jianzhou prefers to define himself as a "professional manager"
he is also an executive of a listed company. Wang Jianzhou described his state like this: "sitting in the high-speed train for a long time, I am in a state of high-speed movement all day long, and I even have this feeling in my sleep." The first thing he does at work every morning is to look at the share price of China Mobile in the New York stock market the night before. If he doesn't look at the company's share price for two consecutive hours, "he will feel uncomfortable"
compared with other heads of state-owned enterprises focusing on local operations, Wang Jianzhou has been active in international economic forums such as Davos and international investor exchanges with fluent English. From Murdoch, chairman of the group, to son Zhengyi, chairman of Softbank group, including Zuckerberg, CEO of Internet upstart Facebook, are on his list of friends
Wang Jianzhou is obsessed with the telecommunications industry in his life and work. At the same time, he is also a "master". It is one of his habits to carry five with him. For example, use two phones at the same time to compare different speeds, or keep talking for 3 hours to test the coverage of mobile network signals
this kind of attention evolved into a special habit of Wang Jianzhou - patting booths. "Wherever I go, as long as I see the kiosks, I will take photos. I took many photos of public kiosks in different foreign cities that have worked with domestic and foreign car companies to expand the new energy vehicle market, and put them in photo albums for everyone to enjoy. Later, it became a hobby, and I went out to find kiosks during my overseas study."
"people often ask me what hobbies I have, and I answer, in fact, my hobbies are very simple and easy to satisfy. In the past, I liked to see people use them most, but now I prefer to see people use them. This is my biggest hobby. Whenever I see someone use them, a sense of pleasure will spontaneously arise." He said
in the past few years, China Mobile has been the operator with the largest number of users in the world. In August, 2006, China Mobile surpassed Vodafone in market value and became the largest telecom operator in the world in market value. Since then, it has ranked first in the market value of global telecom operators for five consecutive years. The rapid growth of revenue and profits makes China Mobile known as "elephant run", and Wang Jianzhou is the pusher
in November 2004, Wang Jianzhou was transferred from China Unicom to China Mobile as the top leader, and put forward the proposal to develop the rural market, but it was strongly opposed by both inside and outside the company, especially from investors
Wang Jianzhou believes that when the urban market is basically saturated, as long as the acquisition cost of each user can be reduced as much as possible, the investment and maintenance costs allocated to each user can be almost negligible. Therefore, the huge rural market can still bring high profits
he then organized analysts from more than 30 investment banks such as Goldman Sachs to visit the rural market in the autumn of 2006, calling this a "reverse roadshow", and most investors were finally "persuaded". Facts have also proved that Wang Jianzhou's strategy of "not being favored by most people" is right
until 2008, China Mobile's revenue and profit have maintained double-digit growth, even more than 20% for a long time. The growth power mainly comes from the growth of new users, half of which come from the rural market
when the performance growth driven by users, voice and SMS develops to a certain stage, Wang Jianzhou focuses on data services, especially the infinite possibilities brought by mobile Internet to operators. "China Mobile needs Internet maniacs." According to the news, Wang Jianzhou clearly pointed out when giving a speech at Tsinghua University in 2007
although up to now, due to the involvement of many corruption cases, the evaluation of "mobile dream" in the industry is mixed, it is undeniable that China Mobile was definitely the first "crab eater" to vigorously develop mobile dream and promote the development of mobile Internet industry
from the mobile dream in those days to the mobile market today, China Mobile has been ahead of its competitors for at least two to three years in terms of ideas and layout. Mobile dream has not only brought China Mobile 20% - 30% of its data business revenue, but also created the growth of Internet companies such as Sina, Sohu and Yi, as well as a large number of Internet companies listed in the concept of sp
Wang Jianzhou's "regret"
China's communication industry has now experienced two technological changes that are sufficient to change the market competition pattern. One is the establishment of China Unicom and the introduction of CDMA technology, the other is the launch of China Mobile, China's 3G standard TD-SCDMA with independent intellectual property rights. The first person who witnessed these two changes was Wang Jianzhou
it is a great test of operation ability to operate a completely market-based communication technology in the market from small to large until it occupies a certain share. The same story is repeated on TD-SCDMA
in January 2009, China Mobile officially obtained the 3G license. By the end of 2011, the number of TD base stations across the country had reached more than 200000, and the number of TD users had reached 51.212 million, one third of the world
if we want to say that Wang Jianzhou's greatest joy during his term of office is to promote the global recognition of China led 4G standard TD-LTE through the establishment of TD-LTE Global Development Initiative (GTI) and other ways, so that China's communication standards stand on the same starting line with European and American standards for the first time; If Wang Jianzhou still has a regret, it is that TD-LTE has not been commercially available on a large scale during his term of office
td-lte gives Chinese enterprises a say in the formulation of international standards for the first time, and is basically synchronized with international technology FDD LTE. This is inseparable from Wang Jianzhou's strong appeal in public and international conferences and China Mobile's investment in setting an example
according to the data of China Mobile, by the end of February 2012, there had been five TD-LTE official commercial networks in the world, and more than 10 operators had made clear their commercial plans
as we all know, TD-LTE is far more meaningful to China mobile than the technical standard itself. What Wang Jianzhou needs to do is to "prepare for the future" for the long-term competitiveness of China Mobile before other operators
what is more worth pondering is where will China Mobile go after "Wang Jianzhou"? After "elephant run" for many years, the other two major competitors are catching up with 3G. The era of China Mobile's "dominance" is gone forever. How will China Mobile go next? The successor will reveal the answer for us. First finance
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