
There have been rumors that Verizon may be interested in acquiring Netflix. Verizon is getting ready to enter the Netflix type business so acquiring the company would make that easier right?
However Verizon never want’s to overpay for anything.
Remember when they acquired long distance company WorldCom several years back? Verizon said all along they had no interest in acquiring the company, until the price got low enough and suddenly they did have an interest.
The same thing may happen here with Netflix. Perhaps they are just waiting for Netflix price to to keep dropping until they suddenly grab it.
We’ll keep our eyes on this.
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Please attribute to Jeff Kagan, Tech Analyst with www.jeffKAGAN.com
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Jeff KAGAN| Tech Analyst w Atlanta based jeffKAGAN.com
Analyst sharing perspective on the changing industry for 25 years
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Jeff KaganTitle: Tech Analyst ~ Wireless Industry Analyst ~ Telecom Industry Analyst
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