Bat-Briik
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Formerly | Bat-Briik Corporation (2008-2010) |
|---|---|
| Public Company | |
| Industry | Telecommunications |
| Founded | July 21, 2010 |
| Founder | Remzi Widdmann |
Area served |  Makko Oko |
| Owner | Riduur 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.
Remzi Widdmann Biography
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 of 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. The rest of the shares were mainly bought by individual people, since the shares were so cheap and the company, along with its popularity, was rather small.
