Keeping the faith: Yahoo is confident in its value and will continue to work towards integration with Verizon.
WASHINGTON: Verizon Communications Inc said on Thursday it has a "reasonable basis" to believe Yahoo Inc's massive data breach of e-mail accounts represents a material impact that could allow Verizon to withdraw from its US$4.83bil (RM20.3bil) deal to buy the technology company.
Verizon's general counsel Craig Silliman told reporters at a roundtable in Washington the data breach could trigger a clause in the deal that would allow the US wireless company not to complete it.
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