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Verizon Is More Than A Phone Service Company

A sign hangs on the Verizon headquarters on May 12, 2015 in New York City.  Verizon announced today that it is buying AOL for $4.4 billion. (Andrew Burton/Getty Images)
A sign hangs on the Verizon headquarters on May 12, 2015 in New York City. Verizon announced today that it is buying AOL for $4.4 billion. (Andrew Burton/Getty Images)

Verizon Communications is often thought of as a phone service provider, and for good reason. The company has a decades-long history as a landline provider and is now the second-largest wireless communications service provider in the United States. But the company is more diverse than that.

In 2015, Verizon’s purchase of AOL gave it content providers like TechCrunch and the Huffington Post. AOL also brought an ad technology business. Now, Verizon is preparing to bid for Yahoo, which would bring even more Web presence.

Scott Moritz of Bloomberg News speaks with Here & Now’s Jeremy Hobson about Verizon’s many arms and what it means for the company’s future.

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