Wednesday, October 14, 2015

Verizon: Mobile Ad Dumpster Diving

  • Verizon is slowly building up a mobile-ad service.
  • The go90 mobile service offers a glimpse of the future though providing limited impact to current financials.
  • The wireless provider continues to pivot toward the future while providing investors a 5% yield to enjoy in the mean time.



Though the AOL deal didn't originally appear to offer much value to a wireless behemoth like Verizon Communications (NYSE:VZ), considering its lack of growth and small size, some opportunties emerged that made the service all additive. In a similar manner, the purchase of Millennial Media (NYSE:MM) for a meager $248 million doesn't appear to offer anything meaningful to a company worth over $180 billion.

Read the full article on Seeking Alpha.


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