James Shen Quotations

If someone wanted to phone internationally to the U.S. from China, it would probably cost that person one day's worth of an average household income in China to make that one call,

I accepted the challenge that the Chinese market was not going to be wide open, and I knew the telecom industry was a monopoly, but I believed that I understood the system and background of China better than other overseas investors,

The opportunity in the industry seemed enormous, but even though I understood the local law and regulations, I was unable to take advantage of the gray area, ... The law simply doesn't allow us to compete with the government.

AT&T at that time was charging about $3 for the first minute to call China, and each additional minute would cost you up to a dollar,

I left for California at the age of 26 for two reasons: One, I wanted to explore the center of the high tech world;  and secondly, (I wanted)  develop a career independently without the status of my family,