Thursday, May 14, 2015

Verizon Takes to the Battlefield - NYTimes.com

This NYT article appears to have been dictated by Verizon corporate communications -- I'm guessing the reporter has never been a Verizon customer; tangentially, see Finding a New Broadband Connection (NYT)
"Verizon’s deal to buy AOL for $4.4 billion barely registers on Verizon’s balance sheet, and in purely financial terms it’s nothing compared with Verizon’s paying $130 billion last year to acquire all of Verizon Wireless.

But its AOL purchase may be a signature transaction for Verizon, the deal that vanquishes lingering perceptions of the company as a stodgy utility. And the acquisition is just the latest and most visible in a series of bold steps that have transformed Verizon into a formidable competitive threat across the ever-converging telecommunications, technology and media industries."
Verizon Takes to the Battlefield - NYTimes.com

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