(Digital Marketing Agency,
thesnsgroup.com)- Verizon Communications Inc. CEO Lowell McAdam has played down
claims that the New Jersey-based giant firm is pursuing AOL Inc., a US’s
multinational mass media corporation which spans digital distribution of
content, products, and services.
“I think AOL along with
lots of other media companies are potential for us to do partnering, on a
commercial basis or whatever,” said McAdam at a conference.
“But to say that we are
having significant acquisition discussions is really not accurate.”
Prior to the Verizon
CEO’s response, Bloomberg had reported that Verizon was trying to sign an
acquisition or joint venture deal with the digital media company to expand its
mobile-video offerings.
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