Yahoo Inc. and Verizon Communications Inc. collaborates on a co-broadband portal

Yahoo Inc. and Verizon Communications Inc. have announced a collaborative deal which would see them develop a co-branded portal.

This portal would be showcased as a home page for Verizon’s broadband customers.

The two companies have been working together on such deals since 2005 and this latest agreement extends that.

Customers who accept to get this portal as their starting point would get Yahoo Search and co-branded e-mail, instant messenger and toolbar applications.

The two companies would share the advertising revenues generated through this portal.