Entrepreneur team says, “Verizon Communications Inc’s finance chief, Fran Shammo, said the No. 1 U.S. wireless carrier could look at buying Yahoo Inc’s core business, which includes Mail, its news and sports sites and advertising technology.

“If we see there is a strategic fit and it makes sense for our shareholders and we can return value, I mean we’ll look at it, but at this point it’s way too premature to talk about that one,” Chief Financial Officer Shammo said.

Shammo was speaking at the UBS annual global media and communications conference in New York on Monday.

Verizon earlier this year bought AOL Inc AOL.N in a $4.4 billion deal to push into mobile video and targeted advertising“.

Verizon Hints at Potential Interest in Yahoo’s Core Business

‘Entrepreneur’ Blog

Sharing is caring