SOURCE: The Bedford Report

The Bedford Report

April 27, 2011 08:16 ET

Level 3 and Akamai Turn to the Cloud to Boost Revenues

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

NEW YORK, NY--(Marketwire - Apr 27, 2011) - In the last year companies within the content delivery sector are becoming more relevant as the internet world rapidly expands and data intensive websites like YouTube.com or Netflix become increasingly popular. 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:

www.bedfordreport.com/2011-04-LVLT

www.bedfordreport.com/2011-04-AKAM

Competition is fierce is the content delivery sector and several companies have made steps towards significant deals in recent months in order to strengthen market share.

Level 3 Communications offers a portfolio of metro and long-haul services, including transport, data, Internet, content delivery and voice. The company made significant headlines earlier this month when it said that it is buying Global Crossing Ltd. for $2 billion. The purchase of Global Crossing brings Level 3 several new businesses, including "cloud computing" services, which deliver software, data storage and other services over the Internet. The combined company's reach would extend to 70 countries on three continents.

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Also focusing on the cloud, IBM announced earlier this month that it has partnered with Akamai to roll out a new line of products designed to provide enterprises with faster access to Web and cloud-based apps. IBM said the solution is part of a multi-phase initiative that integrates its technology with Akamai Technologies' application delivery network.

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

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