![]() Verizon is banking on the deal to boost its rollout of LTE wireless video and over-the-top (OTT) video. Verizon is acquiring AOL for an estimated $50 per share, which brings the total value of the transaction to $4.4 billion. With this in mind, it shouldn’t be too surprising that Verizon has offered AOL a marriage proposal. And we also can’t forget AOL owns a wealth of popular web destinations including Engadget, TechCrunch, and The Huffington Post. Unbelievable in this day of broadband Internet, right? Regardless of how strange that seems to those of us that salivate over the prospects of gigabit Internet, these folks clinging to 56k modems are adding millions to AOL’s bottom line.īut we also have to recall that AOL has a massive digital advertising platform with a heavy focus on the mobile sector. After all, we learned this weekend that AOL’s dial-up business still has over 2 million customers who pay on average just under $21 per month for service. I guess you could say that nothing surprises us anymore.
0 Comments
Leave a Reply. |