SOURCE: The Bedford Report

The Bedford Report

March 30, 2011 08:16 ET

Content Delivery Stocks on the Upswing as Demand Skyrockets

The Bedford Report Provides Analyst Research on Level 3 Communications & Akamai

NEW YORK, NY--(Marketwire - March 30, 2011) - As the internet world continues to grow, the content delivery industry has garnered significant notoriety in the technology sector. A shift in demand to the data segment of diversified communications companies has taken place. Large companies are exceeding their data capacities, and the need for a third party 'host' has become necessary. The Bedford Report examines the outlook for companies in the Technology Sector and provides research reports on Level 3 Communications, Inc. (NASDAQ: LVLT) and Akamai Technologies, Inc. (NASDAQ: AKAM). Access to the full company reports can be found at:

Level 3 Communications has been taking steps to expand internationally. This month the company announced that it reached a deal with a leading South American telecommunications company, Internexa. Andrew Crouch, president of sales for Level 3 explains that the content delivery business is "growing rapidly and with South America's increasing demand for content. Together, Level 3 and INTERNEXA are going to enable South American ISPs to provide an enhanced, superior content experience to their end users."

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Competition is fierce in the content delivery sector and both Level 3 and Akamai have made steps towards significant deals in recent months. Last year Level 3 won a prestigious contract to provide video- streaming and storage services to the popular online movie rental company, Netflix. 

Akamai, meanwhile, announced that its Dynamic Site Accelerator and Media Delivery solutions have been selected by Diesel, the international lifestyle brand.

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