Financial Times FT.com

Yahoo, Verizon in broadband move

By Richard Waters in San Francisco and Paul Taylor in New York

Published: January 17 2005 19:36 | Last updated: January 17 2005 23:21

Yahoo and Verizon are to sell residential broadband services jointly in the US, though the arrangement is looser than an earlier exclusive tie-up that the internet portal company forged with SBC, the country's other dominant local telecommunications company.

Yahoo has pursued alliances with telecom and cable companies as a way to extend its distribution while also generating a new source of subscription revenue.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this