Verizon (VZ) Has No Interest In Buying Netflix (NFLX)

January 4, 2012 4:18 PM EST
Verizon (NYSE: VZ) again reiterated its has no interest in buying a company like Netflix (Nasdaq: NFLX).

Verizon said although it is considering streaming video services, it has no interest in buying a company for streaming service.

Verizon has made similar comments about NOT buying NFLX in the past. Shares of NFLX are down 1.4 percent after-hours after jumping 11.4% during normal trading.


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