Verizon

The deal comes more than a year after Verizon paid $4.4 billion to acquire AOL; as part of Verizon, Yahoo will join the same division AOL currently occupies.

Verizon said the acquisition will help build its digital and video platforms. Verizon had previously announced plans to launch a video service that focused on mobile devices.

It sounds like the setup to a joke: “AT&T, Verizon, and T-Mobile walk into a bar …”But it’s no laughing matter. Despite the fact that each company devotes…