AT&T is selling Yellow Pages for $1.2 billion
0. phoneArena 09 Apr 2012, 08:35 posted on
AT&T is selling one of its best known businesses, Yellow Pages, in a $1.2 billion deal. The carrier explains that it wants to focus on its core strategy…
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1. -box- (Posts: 3984; Member since: 04 Jan 2012)
So they sold it to the same company that almost killed Chrysler Corp. Awesome. Granted the internet pretty much supercedes the yellow pages (except for power outages) so it's not at all surprising, but it's interesting what company bought the division
2. ECPirate37 (Posts: 135; Member since: 14 Jul 2011)
Someone overpaid. I was just talking last night how I believe this is a dying publication. I guess at&t agreed and got out while the getting was good. I hate at&t, but this was smart on their part.
3. PAPINYC (banned) (Posts: 2315; Member since: 30 Jul 2011)
Why buy the Yellow Pages when you can Google it and I'm sure if you search Youtube you'll find a video showing you where to find the address and number you're looking for [dangle preposition]…
I let Google 'do the walking'.
4. jmoita2 (Posts: 930; Member since: 23 Dec 2011)
Just like the movie rental store and film developing kiosk so goes the Yellow Pages; Completely surpassed and redundant. An idea whose time has come...and gone.