Verizon Won’t Sell Huffington Post, Wants to Keep AOL Assets Together

The telecom giant also has no plans to make a bid for Dish Networks, CFO Fran Shammo says Monday

Verizon Communications won’t sell the Huffington Post, CFO Fran Shammo said at a Wall Street Journal conference Monday.

The telecom company recently agreed to pay $4.4 billion for HuffPo parent AOL, whose media properties include the Huffington Post and TechCrunch.

The carrier was most interested in AOL’s digital advertising technology, leading many in the industry to speculate about the future of the news-content site founded by Arianna Huffington.

Shammo said at the conference that Verizon likes all of AOL’s assets and will keep them together, the Wall Street Journal reported. 

He also threw cold water on speculation that Verizon might try to swoop in on satellite broadcasting Dish Network, which recently agreed to merge with T-Mobile US.