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Microsoft has apparently won the bidding war for the Verizon mobile search contract that was rumored last November. According to Reuters:
Verizon Communications Inc has chosen Microsoft Corp to provide Internet search services for cell phones, in what is seen as a blow to rivals Google Inc and Yahoo Inc.
Verizon Chief Executive Ivan Seidenberg said on Wednesday that Microsoft CEO Steve Ballmer would announce the deal later in the day at the Consumer Electronics Show in Las Vegas. Seidenberg, speaking at a Citigroup conference, gave no further details.
It will be interesting to see what financial terms are disclosed and whether, per the November report, Microsoft is also paying Verizon to use Windows Mobile.
