Verizon sells AOL and Yahoo for about half of what it paid.
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ALL THAT MONEY AND D/FW AIRPORT WOULD HAVE BEEN THE SAVINGS REALIZED BY CREATING THE FIOS HQ AND A TOTAL TAKEOVER OF TEXAS.
CAN YOU HEAR ME NOW? HANS.........ANYONE HOME????????????
What about BDAI ~ VZ spent about 2.2B building, with fancy offices in palo alto. Now shuttered and dumped on to Oath to deal with.
No wonder he was all smiles today. 3 million dollar eipp payment...... I’m only looking for a 6&6
Someone still got awarded:
On Sunday, Verizon board members approved a $3 million retention bonus for GG if he stays on for at least six months after the sale closes.
And people are screaming.
They STILL want Fios because it’s the best out there, but Verizon isn’t building it
And they’re screaming they don’t want 5G antennas in their towns.
Hans is running this fu*ker right into the ground.
The poor decision was buying this cr-p in the first place. Decisions driven by hatred are never good. Hans is just cutting our losses, and getting back to what we’re supposed to be.....a communications company. Hopefully, it’s not too late.
The writing is on the wall so put down your kool aid and get the freak out. This company is DOOMED. 1 poor decision after another and the employees and agents are the ones holding the bag. Hans needs to be deported back to he-l.
Another win from the White Witch of Narnia.
Apollo acquires Verizon’s Yahoo and AOL businesses for $5B
https://nypost.com/2021/05/03/private-equity-firm-apollo-acquires-verizon-media-group-for-5b/
That takes care of a tenth of the spectrum auction. What can we sell next?
Let’s not forget small man Fran
Add to his list of 💩 decisions
$5B is a conservative loss.
We made investments, paid large amounts of salary and missed other real investment opportunities
Horrible move but clueless leaders
Verizon Connect (telematics) is next
We could have finished the Fios build with that cash, and be raking in the returns right now........
Thanks Lowell and Marni, good job. 👍