Akamai (AKAM) +6.8% after announcing a long-rumored CDN reseller deal with AT&T (T). The...

|About: Akamai Technologies, Inc. (AKAM)|By:, SA News Editor

Akamai (AKAM) +6.8% after announcing a long-rumored CDN reseller deal with AT&T (T). The companies say they'll offer "an exclusive suite of global CDN and telecom solutions" that rely on Akamai servers deployed on AT&T's network, and which will be jointly managed. Dan Rayburn reported in August Akamai was willing to guarantee AT&T $100M or more in sales, far more than Limelight (LLNW) was offering. The deal is a coup for Akamai, especially since many carriers are looking to offer home-grown CDNs. (PR)