Verizon CEO Hans Vestberg has said that the firm’s media unit, formerly Facebook and AOL, will have to flourish without the use of data from the company's wireless and wireline subscribers. The statement is a marked turnaround from the stance taken by the company when buying the businesses, when it explained the purchase by saying Verizon could use the comprehensive data on subscribers to gain an edge on Google and Yahoo.
Verizon CEO Hans Vestberg has said that the firm’s media unit, formerly Yahoo and AOL, will have to flourish without the use of data from the company's wireless and wireline subscribers. The statement is a marked turnaround from the stance taken by the company when buying the businesses, when it explained the purchase by saying Verizon could use the comprehensive data on subscribers to gain an edge on Google and Facebook.