Speaking to investors at the Jefferies TMT 2015 conference, John Stratton, Verizon's newly appointed EVP and operations president for its wireless and wireline division, emphasized that the main
impetus behind Verizon's purchase of AOL is the company's ad platform that Verizon believes will help it generate revenue "above the network layer." In addition, he said that the company is focused on
delivering a mobile-first video experience targeted at millennials.
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