Level 3 (LVLT +2.4%) has finished a major capacity expansion for its content delivery network...
Tuesday, April 17, 2012, 2:19 PM ETLevel 3 (LVLT +2.4%) has finished a major capacity expansion for its content delivery network (CDN), and has also expanded into a number of foreign markets. Dan Rayburn continues to see Level 3's ownership of its fiber network as a major competitive advantage relative to rivals AKAM and LLNW, and thinks the company can profit from its relationship with top customer Netflix (NFLX), in spite of aggressive pricing. (previous)
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