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.