Verizon Communications Inc. plans to make a first-round bid for Yahoo Inc.¡¯s Web business next week, and is willing to acquire the company¡¯s Yahoo Japan Corp. stake to help sweeten the offer, according to people familiar with the matter.

Google, the main division of Alphabet Inc., is also considering bidding for Yahoo¡¯s core business, a separate person said.

Potential suitors AT&T Inc. and Comcast have decided against bidding, some of the people said, asking not to be identified as the discussions are not public. Microsoft Corp., which failed with a hostile bid for Yahoo in 2008, will not bid this time, another person said.