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.”
