Verizon Buys AOL For Mobile Video, Yahoo Seen Out

By | May 12, 2015

Scalper1 News

Verizon Communications (VZ) on Tuesday agreed to buy AOL for $4.4 billion, in a move boosting the wireless phone company’s plans to launch new mobile video services. Acquiring AOL (AOL) will give Verizon key advertising technology as well as content to offer on its mobile video platform, analysts said. “Verizon is zigging while the rest of the industry is zagging. They’re trying to abound the commoditization of wireless by creating something truly Scalper1 News

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