[Reuters] AT&T joins forces with Akamai, boosts Akamai shares

Posted by: UGN Security

[Reuters] AT&T joins forces with Akamai, boosts Akamai shares - 12/06/12 10:33 AM

NEW YORK (Reuters) - AT&T Inc has agreed to partner with Akamai Technologies Inc instead of competing with it on content delivery network (CDN) services, which deliver content faster by avoiding Internet congestion, sending Akamai's shares up 10 percent.