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Home News

AT&T Outmatches Verizon for Yahoo

by Chinmay Bidkar
June 10, 2016
in News
Reading Time: 1 min read
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AT&T Outmatches Verizon for Yahoo

(Pic-thetimesgazette.com)

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(Pic-thetimesgazette.com)
(Pic-thetimesgazette.com)

 

10 June 2016, USA :

AT&T, an American multinational telecommunications corporation, has put in a higher offer for Yahoo’s internet business in second-round bidding than rival Verizon, according to Reuters.

Like Verizon, AT&T could benefit from Yahoo’s digital advertising business. AT&T recently consolidated much of its growing media business into a unit called Ellation, which includes the Crunchyroll and Creativebug properties AT&T and The Chernin Group acquired through their Otter Media partnership. AT&T also announced plans to buy a company called Quickplay for multitenant IP distribution infrastructure, but so far the carrier does not have a “name brand” platform for ad sales and insertion.

AT&T is the second largest provider of mobile telephone and the largest provider of fixed telephone in the United States, and also provides broadband subscription television services.

Also Read- Verizon Hires Bank Of America to Help With Yahoo Bid

 

Tags: AT&TBiddingVerizonYahoo
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Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

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