Microsoft Tries for Verizon Deal: Report
Microsoft
(MSFT) - Get Microsoft Corporation Report
is working to steal a deal with
Verizon Wireless
away from its rival
(GOOG) - Get Alphabet Inc. Report
, reports the
Wall Street Journal
.
Microsoft has gotten the attention of Verizon Wireless by offering a sweeter deal to put its search service and related advertising on Verizon phones. Microsoft also is offering more generous revenue sharing and a guarantee of substantially higher payments to Verizon, say people familiar with the matter, the newspaper reports.
Google has been talking with Verizon for months to make its search engine the default on most Verizon phones, the
Journal
reports.
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Verizon Wireless, a joint venture between
Verizon Communications
(VZ) - Get Verizon Communications Inc. Report
and
Vodafone
(VOD) - Get Vodafone Group Plc Report
, is considering both companies' offers and hasn't made a final decision, though it is leaning toward Microsoft, the
Journal
reports, citing the people close to the matter.
Microsoft's move shows how it is trying to put together a new arsenal against Google, taking this step just as Google abandoned a search-ad partnership with
Yahoo!
(YHOO)
amid opposition from the Department of Justice.
This article was written by a staff member of TheStreet.com.
