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Microsoft, Verizon To Team Up on Mobile Search Deal

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Nov 12, 2008 

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Kathleen  |

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Microsoft, Verizon To Team Up on Mobile Search Deal

ADOTAS – Microsoft Corp. is tying up loose ends on a search deal with Verizon Wireless, according to reports. Microsoft is slated to become Verizon’s default search provider, offering the software titan a serious leg up in the increasingly competitive mobile space.

Ad revenue would most likely be shared, with guaranteed payments to Verizon of between $550 million and $650 million over the next five years. That accounts for about twice what Google offered.

Tags: finance, Google, interactive-advertising, microsoft, Mobile-Advertising, Mobile-Marketing and Verizon-Wireless

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