AOL and Yahoo Are Too ‘90s for 5G
Two names that used to dominate in tech and media have since become forgotten units of Verizon, which is now looking to sell them.
So dot-com.
Photographer: Chris Ratcliffe/Bloomberg
As Verizon Communications Inc. seeks to unload its AOL and Yahoo business, investors may be Googling — not Yahooing, which is kind of the point — how much 5G wireless spectrum $5 billion can buy.
On Wednesday, the Wall Street Journal and Bloomberg News reported that the wireless giant is exploring a sale of its media assets, a collection that also includes TechCrunch and other advertising-supported digital properties that went by various overarching names over the years. At one point, the division was known as Oath, a testament to the diminished value of the once high-flying AOL and Yahoo brands. Instead of the iconic “You’ve got mail,” what Verizon wants to tell customers is, “You’ve got 5G.”