Verizon Communications Inc., US mobile services provider and Google may strike a deal that would make Google as the default search provider on Verizon. The deal is that Google shares the advertisement revenue with Verizon.
The deal is still underway as they haven’t made agreements on certain issues such as Google keeping the user information from Verizon Mobile users. Google, as per reports was in talks with Verizon for a year now over a possible alliance. Verizon is the number two mobile service provider in U.S.
Both companies are hoping to conclude the discussions in the next few weeks. Verizon wants to put the Google search bar on the home screen of its phones.Both Verizon and Google were not immediately available for comments.
Google had crossed swords with U.S. wireless operators such as Verizon late last year when it successfully lobbied with the U.S. government, forcing operators to open up access to their networks ahead of the spectrum auction.The company is rapidly extending its reach beyond pay per-click Web search ads into a variety of new markets, including telecommunications and online video. The first phones based on Google’s much-anticipated Android mobile operating system are expected to hit the market around Christmas.
Website : www.google.comLocation : Menlo Park, California, United States
Founded : September 7, 1998
Market Cap : US$ 179.07 Billion
Founder : Sergey Brin , Larry Page
Google primarily provides search and advertising services, which together aim to organize and monetize the world’s information. In addition to its dominant search engine, it offers a plethora of tools and platforms including its more popular products: Gmail, Maps and YouTube. Most of its Web-based products are free because Google makes its money from highly integrated online advertising through its AdWords and AdSense platforms. Google promotes the idea that advertising should be highly targeted and relevant to users thus providing them with a rich source of information.
Website : www.verizon.comLocation : Basking Ridge, New Jersey, United States
Founded : January 1, 1998
Customers : 68.7 Million*
Employees : 70,000*
Annual Revenue : $43.9 Billion*
*As per the company website
A Dow 30 company, Verizon is one of the world’s leading providers of communications services – deploying fiber optics, broadband, wireless, directory and data services. Verizon is one of the largest providers of wireline and wireless communications in the United States and internationally, primarily in the Americas and Europe.
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