Wednesday, May 13, 2015

Verizon AOL Merger Deal Cost Announced

Verizon buys AOL. The company announced that it has plans to acquire AOL for over $4 billion. The iPhone carrier wants to boost its video strategies. This is related to over-the-top and wireless video development.

Verizon AOL merger plan involves some of the most popular sites that belong to AOL company. This includes Engadget, AOL, Huffington Post and TechCrunch. Besides, the U.S. mobile operator should also acquire ad platform and media content.

What does Verizon want to give its subscribers who cannot get their bill lowered for iPhone because the carrier doesn’t want to do this? This mobile operator is one of the four major U.S. carriers and like other companies it fights for customers. Using the global network platform AOL is it can offer users top quality digital experience. Being able to offer cross-screen connections to users, advertisers and developers can improve the service and make Verizon much better and more popular among consumers.

AOL has about two million U.S. dial-up users that Verizon can acquire. This company will be led by the same person even after the acquisition takes place. According to news and rumors, the deal will be finally set in the summer 2015 and Tim Armstrong will stay as the top AOL leader.

News also mention the price of $4.4 billion for the merging. It is interesting that Armstrong denied that such deal would take place earlier in 2015 but now everything seems to be finalized. Verizon has big plans for creating its web video service and having AOL can make it more interesting and professional.

It is curious to note that Verizon launched 4G LTE service in New England. This mobile operator continues to expand in the U.S. and wants to attract more subscribers.


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