x
OTT

AT&T Eyes Yahoo Too – Reports

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

Be the first to post a comment regarding this story.
HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE