Limelight (LLNW), Akamai (AKAM) Pops on Possible AT&T Deal
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Limelight Networks, Inc. (Nasdaq: LLNW) and Akamai Technologies, Inc. (Nasdaq: AKAM) are moving higher early Wednesday on reports from StreamingMediaBlog that AT&T is ending selling its own CDN service and may move to resell services from Limelight or Akamai.
"Both vendors are currently in negotiations with AT&T bidding on the business and while AT&T has not yet picked a winner, I’m hearing that even though Limelight had been favored to win the deal, the reseller business is now Akamai’s to lose."
LLNW is up 5%, while AKAM is up 1.9%.
"Both vendors are currently in negotiations with AT&T bidding on the business and while AT&T has not yet picked a winner, I’m hearing that even though Limelight had been favored to win the deal, the reseller business is now Akamai’s to lose."
LLNW is up 5%, while AKAM is up 1.9%.
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