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Charter Communications, Inc.
AOL's video a key lure for Verizon in $4.4-billion acquisition
AOL's video a key lure for Verizon in $4.4-billion acquisition

Nearly everybody, it seems, carries a smartphone. As a result, everything's going mobile. So why, then, would Verizon, already the nation's largest wireless carrier and a giant in mobile communications, want to pay $4.4 billion to buy an old-line Internet company with a dowdy reputation like AOL? Answer: To avoid getting clobbered in the mobile marketplace. If the logic makes your head hurt, welcome to the topsy-turvy world of new media, where digital technologies are upsetting traditional businesses as they try to reinvent themselves. “This is a mobile-driven play, pure and simple,” said Peter Csathy, chief executive of business advisory firm Manatt Digital...

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