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A 'Dumb Pipe' No More: What Verizon Wants from AOL
2015-05-17 04:06:15| Telecom - Topix.net
When Verizon Communications announced Tuesday that it will buy digital content distributor AOL for $4.4 billion, the wireless giant signaled that it won't quietly watch others make money using its network. Instead of being just a "dumb pipe" - i.e., the network that is used to transfer bytes between the Internet and consumers' cell phones - Verizon now wants to create and monetize the content carried on its networks.
A 'Dumb Pipe' No More: What Verizon Wants from AOL
2015-05-16 22:25:00| IT Services - Topix.net
When Verizon Communications announced Tuesday that it will buy digital content distributor AOL for $4.4 billion, the wireless giant signaled that it won't quietly watch others make money using its network. Instead of being just a "dumb pipe" - i.e., the network that is used to transfer bytes between the Internet and consumers' cell phones - Verizon now wants to create and monetize the content carried on its networks.
Verizon Grabs AOL for $4.4 Billion
2015-05-15 10:12:17| IT Services - Topix.net
With the future in mind, Verizon Communications is taking a bold -- and expensive -- step to build its digital and video platforms. The telecom giant has inked a deal to acquire Internet legend AOL.
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AOL Boss Stands to Get $180 Million
2015-05-15 06:01:23| IT Services - Topix.net
AOL Inc. Chief Executive Tim Armstrong stands to net nearly $180 million from the sale of his company to phone giant Verizon Communications Inc., though he won't be eligible for a good chunk of that money until a year after the deal closes. Mr. Armstrong has an effective 6.7% ownership of the company, making him the largest individual shareholder.
Google, Facebook Have New Rival as Verizon Acquires AOL
2015-05-14 13:53:37| Telecom - Topix.net
But now as Verizon plans to absorb AOL In an analyst note written after the Verizon announced its planned acquisition, MacQuarie Capital's Kevin Smithen wrote that Google and Verizon are on collision course "as Google tests the waters on wireless thru an MVNO with Sprint and VZ tries to create a business model in mobile video delivery." In its filing with the Securities and Exchange Commission, the company highlighted the value of AOL's ad tech network for its Internet of Things strategy.
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