Where AT&T and Verizon failed, Comcast is now quietly poised to win [te
From Moderator@21:1/5 to All on Thu Jul 1 15:54:34 2021
By Mike Dano
AT&T and Verizon have been widely mocked for their mostly unsuccessful
forays into the media and content industry.
Specifically, AT&T splurged $85 billion on Time Warner in 2018 only to
offload it to Discovery this year. Similarly, Verizon acquired AOL in
2015 for $4.4 billion and Yahoo in 2017 for $4.5 billion only to sell
them to Apollo Global Management this year for $5 billion.