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Verizon is rethinking the name Oath.
The carrier announced a reorganization on Monday that will rebrand the division that merged AOL and Yahoo as Verizon Media Group/Oath, a move that could put to bed rumors that Verizon had planned to spin off the struggling content business.
In addition to the renamed media unit, the company will sort the rest of its wireless and wired operations into segments called Verizon Consumer Group and enterprise-focused Verizon Business Group. A company-wide IT and network tech structure will serve all three divisions.
The reshuffling comes not long after all but one of Oath’s C-suite execs—including Oath architect and former AOL CEO Tim Armstrong—fled