Mobile

Why did Verizon Buy AOL?

Verizon Communications has entered an agreement to buy AOL in a $4.4 billion cash deal.  The New York-based companies will combine in an effort to build out a digital advertising business.

AT&T Scores $49B Deal for DirecTV

AT&T scored a $49 billion deal to acquire DirecTV, combining its mobile and broadband networks with one of the nation’s largest pay-TV players.

Microsoft Seeks EU Approval for $7.5B Nokia Deal

Microsoft has asked EU antitrust regulators to approve its 5.44-billion-euro ($7.49 billion) takeover of Nokia's phone business as part of a push into the mobile devices business.

Crown Castle to Pay $4.85B for AT&T Cell Towers

AT&T will lease about 9,100 cell towers and sell another 600 to Crown Castle for $4.85 billion, ending the company's search for a buyer interested in its wireless infrastructure.