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Carrier Catchup: How The U.S. Telecom Titans Closed Out 2018

From M&A activity, to job cuts, to the introduction of brand-new services, here's what the biggest carriers in the U.S. were up to as 2018 came to an end.

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Verizon Ditches Oath

A week after disclosing that it will take a $4.6 billion goodwill impairment charge for Oath, Verizon's flailing business unit that includes its AOL and Yahoo assets, the Basking Ridge, N.J.-based carrier killing off the Oath brand.

Verizon said it will be replacing the Oath brand with a rebranded and straightforward name: Verizon Media Group. The company said that the rebrand better aligns the media division as one of Verizon's core businesses. The name change will take effect on Jan. 8, right in time for CES 2019.


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