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Akamai (AKAM +3.5%) and Limelight (LLNW +6.8%) jump after Dan Rayburn reports AT&T (T) is in...
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Wednesday, August 15, 2012, 10:05 AM ETAkamai (AKAM +3.5%) and Limelight (LLNW +6.8%) jump after Dan Rayburn reports AT&T (T) is in talks to re-sell CDN services from one of the companies. Rayburn adds the deal "is now Akamai's to lose," but no decision has been made. An AT&T deal would do much to soothe fears among Akamai and Limelight investors of direct competition from major telcos - Rayburn notes neither AT&T nor any other telco has a huge CDN business right now.
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