je.st

Home › verizon

Tag: verizon

Verizon FIOS video subscribers down 41,000 in 2Q 2016

2016-07-26 14:00:23| Digital TV News

Verizon (NYSE, Nasdaq: VZ) has reported reported its second-quarter 2016 results. A work stoppage impacted Fios connection growth, resulting in a net decline of 41,000 Fios video connections over the quarter.

Tags: video subscribers verizon fios

Verizon confirm takeover of Yahoo web assets for USD 4.8 bln

2016-07-25 13:22:00| Telecompaper Headlines

(Telecompaper) Verion has confirmed a deal to acquire Yahoo!'s web activities for USD 4.83 billion in cash. The acquisition sees Verizon expand further in digital media, after its takeover AOL last year, investments in video content and launch of a mobile video service. Yahoo's web properties and digital advertising business will be merged with AOL; additional technology assets to be acquired by Verizon include the programmtic ad platform Brightroll, mobile apps analytics service Flurry, and Gemini, Yahoo's native and search advertising platform. Yahoo will hold on to its stakes in Alibaba and Yahoo Japan, its cash and convertible notes, certain minority investments, and non-core patents (called the Excalibur portfolio). Following the takeover, which is expected to close by Q1 2017, Yahoo will change its company name and operate as a publicly traded investment company.

Tags: web yahoo usd confirm

Verizon set to buy Yahoo! for USD 4.8 bln - report

2016-07-25 07:43:00| Telecompaper Headlines

(Telecompaper) Verizon has won the bidding to buy Yahoo!'s web assets for USD 4.8 billion, Bloomberg reports. People with direct knowledge of the situation said the deal will be announced soon. The acquisition includes Yahoo real estate assets, while some intellectual property is to be sold separately, the report said. Yahoo will be left with its stakes in Alibaba Group and Yahoo Japan, with a combined market value of about USD 40 billion.

Tags: set report buy yahoo