Bat-Briik: Difference between revisions

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| industry = {{wp|Telecommunications}}
| industry = {{wp|Telecommunications}}
| fate =
| fate =
| former_name = Bat-Briik Corporation (February 12, 2008-July 21, 2010)
| former_name = Bat-Briik Corporation (2008-2010)
| founded = {{Start date and age|2010|7|21}}
| founded = {{Start date and age|2010|7|21}}
| founder = Remzi Widdmann
| founder = Remzi Widdmann
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===Before Bat-Briik & Mobile Phones===
===Before Bat-Briik & Mobile Phones===
Before the invention of mobile phones, all anybody had were flip phones, which did not or barely had internet connectivity and app support. Only a few companies dominated the phone app industry during the time of flip phones, but mobile phones had been a developing technology by multiple companies, one of them being Riduur. The invention of mobile phones was thought to be the doom of all the carriers at the time, due to the phone's use of new cellular technology.
Remzi Widdmann, at the time 40 years old, had an engineer friend who worked at Riduur Corporation, a major electronics manufacturer. The friend had told Remzi that Riduur was in the process of developing the first-ever mobile phone, not only by Riduur but also in Makko Oko.


===Founding Of Bat-Briik Corporation & Partnership With Riduur===
===Founding Of Bat-Briik Corporation & Partnership With Riduur===
Remzi Widdmann had been able to convince their engineer friend to get them in contact with the CEO of Riduur, Jason Wesner, who met with Remzi in December of 2007. Riduur was struggling with the development of their phone, not because of the technology, but because of incompatibility with every current carrier's infrastructure in the nation. While the phone could roam successfully, domestic calling was failing due to the carriers using GSM, as opposed to the new standard, UTSM that all other nations were switching to.
Remzi and Jason got together with the companies' engineering teams and agreed to a partnership, officially forming Bat-Briik Corporation, with Riduur merely being a silent partner, and not an owner in the company. The company was incorporated on February 12th, 2008 as a publicly-traded company on the Jorian Stock Exchange (JSE). Due to the company just starting out, it got a very limited amount of shares to distribute in its IPO, being merely 50,000 shares. Remzi Widdmann got the majority of the shares through fundraising and approval by the Makko Okoan Government, meanwhile Riddur Corporation bought a 5% stake in Bat-Briik Corporation.


====Monopoly Breakup, Carrier Establishment====
====Monopoly Breakup, Carrier Establishment====

Revision as of 20:39, 28 November 2022

Bat-Briik Media Holdings Limited
Formerly
Bat-Briik Corporation (2008-2010)
Public Company
IndustryTelecommunications
FoundedJuly 21, 2010; 14 years ago (2010-07-21)
FounderRemzi Widdmann
Area served
 Makko Oko
OwnerRiduur Corporation
Majority Shareholder (67%)

Bat-Briik Media Holdings Limited, otherwise known as Bat-Briik, is a publicly-owned, state-authorized, telecommunications company in the Empire Of Makko Oko. Bat-Briik Media Holdings was incorporated after the expansion of product offerings on the subsidiary Bat-Briik MK company from just mobile services to mobile and banking services. Previously, the subsidiary had been known as Bat-Briik Corporation.

Bat-Briik is one of the only major companies in the empire to be founded by an original tribal member, being founded by Remzi Widdmann in 2010 upon the launch of the first mobile phone, the Riduur Internet Note, in collaboration and partnership with the then-CEO of Riduur to make the first ever mobile phone successful. Riduur is the majority owner of Bat-Briik, having a 67% stake in the company.

History

Before Bat-Briik & Mobile Phones

Before the invention of mobile phones, all anybody had were flip phones, which did not or barely had internet connectivity and app support. Only a few companies dominated the phone app industry during the time of flip phones, but mobile phones had been a developing technology by multiple companies, one of them being Riduur. The invention of mobile phones was thought to be the doom of all the carriers at the time, due to the phone's use of new cellular technology.

Remzi Widdmann, at the time 40 years old, had an engineer friend who worked at Riduur Corporation, a major electronics manufacturer. The friend had told Remzi that Riduur was in the process of developing the first-ever mobile phone, not only by Riduur but also in Makko Oko.

Founding Of Bat-Briik Corporation & Partnership With Riduur

Remzi Widdmann had been able to convince their engineer friend to get them in contact with the CEO of Riduur, Jason Wesner, who met with Remzi in December of 2007. Riduur was struggling with the development of their phone, not because of the technology, but because of incompatibility with every current carrier's infrastructure in the nation. While the phone could roam successfully, domestic calling was failing due to the carriers using GSM, as opposed to the new standard, UTSM that all other nations were switching to.

Remzi and Jason got together with the companies' engineering teams and agreed to a partnership, officially forming Bat-Briik Corporation, with Riduur merely being a silent partner, and not an owner in the company. The company was incorporated on February 12th, 2008 as a publicly-traded company on the Jorian Stock Exchange (JSE). Due to the company just starting out, it got a very limited amount of shares to distribute in its IPO, being merely 50,000 shares. Remzi Widdmann got the majority of the shares through fundraising and approval by the Makko Okoan Government, meanwhile Riddur Corporation bought a 5% stake in Bat-Briik Corporation.

Monopoly Breakup, Carrier Establishment

Remzi Sellout, New Ownership

Change To Bat-Briik Media Holdings Limited

Stability During The Civil Transition War

Organization

Services

See Also