Verizon’s financial chief was cagey following a report that the telecom giant has bid $3 billion for Yahoo’s core internet business.

Late Monday, the Wall Street Journal reported that Verizon had bid $3 billion for Yahoo’s internet assets, a figure that it said excludes Yahoo’s real estate and patents, which some estimate could double the final price tag.

Verizon CFO Fran Shammo didn’t comment specifically on the report at a Tuesday conference in London sponsored by Bank of America-Merrill Lynch.

It is expected that Yahoo is going to solicit an additional round of bids.

Still, Shammo noted that Verizon planned to “cross-pollinate” its AOL and Go90 digital platforms over the next three to six months as it angles to lure more viewers and advertisers.

“When you think about viewership, Yahoo has viewership. That’s all I’m going to say about that,” Shammo said. “We’ll see whether we move forward.”

Other bidders recently circling Yahoo include buyout firms TPG and Vista Equity Partners, and Quicken Loans owner Dan Gilbert, who is getting financial backing from Warren Buffett.

Shammo added, “We have to build upon what we have,” referring to AOL and Go90, its mobile media platform.