& cplSiteName &

AT&T Eyes Yahoo Too – Reports

Ray Le Maistre
5/25/2016

AT&T may get involved in a bidding war with rival Verizon to acquire Yahoo, according to a report from Bloomberg.

Verizon Communications Inc. (NYSE: VZ) has long been considered the favorite to buy the struggling Internet giant but AT&T Inc. (NYSE: T) also sees value in the IT systems and algorithms developed by Yahoo Inc. (Nasdaq: YHOO), capabilities that could enhance AT&T's mobile and video service packages.

For background on Yahoo's efforts to find a new home, see:

— Ray Le Maistre, Circle me on Google+ Follow me on TwitterVisit my LinkedIn profile, Editor-in-Chief, Light Reading

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
Upcoming Live Events
October 22, 2019, Los Angeles, CA
November 5, 2019, London, England
November 7, 2019, London, UK
November 14, 2019, Maritim Hotel, Berlin
December 3-5, 2019, Vienna, Austria
December 3, 2019, New York, New York
March 16-18, 2020, Embassy Suites, Denver, Colorado
May 18-20, 2020, Irving Convention Center, Dallas, TX
All Upcoming Live Events